Senior Market Sales Acquires The Buckley Insurance Group as Part of Strategic Growth Plan
{October 4th, 2022} by Senior Market Sales
OMAHA, Neb., Oct. 3, 2022 /PRNewswire/ — Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations, has acquired The Buckley Insurance Group, LLC, a successful family-owned senior health and wealth planning agency licensed in 37 states and serving a strong client base in the tristate area of New York, New Jersey and Connecticut. “Since SMS started working with The Buckley […]
The Pacific Financial Group Partners with CapIntel to Empower the Advisor-Client Relationship
{October 4th, 2022} by The Pacific Financial Group
BELLEVUE, Wash., Sept. 28, 2022 /PRNewswire/ — The Pacific Financial Group (TPFG), a wealth management innovator and leader in Self-Directed Brokerage Account Management (SDBA) announced a partnership with CapIntel, a leading Toronto-based financial technology company that improves fund analysis, proposal generation, and day-to-day workflow efficiency for financial advisors. CapIntel is a modern, intuitive platform that delivers instant, powerful analytics and easy-to-understand, […]
In the Face of a Potential Recession, Americans Feel Unprepared for Retirement and Are Looking for Protectionc
{October 4th, 2022} by Alliance for Lifetime Income
WASHINGTON, Sept. 28, 2022 /PRNewswire/ — As the drumbeat of a potential recession grows louder and Americans continue to face the aftereffects of the pandemic, the number of Americans who believe their retirement savings and sources of income will not last them throughout their lifetime is on the rise. According to the third Protected Retirement Income and Planning Study from the […]
Ethos Launches Life Insurance Offering through AIP Marketing Alliance
{October 4th, 2022} by Ethos
AUSTIN, Texas, Oct. 3, 2022 /PRNewswire/ — Ethos, one of the largest term life insurance providers in the United States, today announced it has partnered with AIP Marketing Alliance, an Integrity Company (AIPMA), the premier life insurance and annuity distribution partner, to provide its best-in-class life insurance options through AIPMA’s partners and agents. AIPMA agencies, agents and future clients will […]
Foresters Financial Members Walk to the Moon and Back – Twice – with Foresters G
{October 4th, 2022} by The Independent Order of Foresters
TORONTO, Sept. 29, 2022 /PRNewswire/ – Foresters Financial™ (Foresters), the fraternal life insurer that’s boldly redefining the life insurance industry through innovation, purpose and wellness, is celebrating the 1-year anniversary of the launch of Foresters Go, an innovative wellness platform that integrates wearable app-enabled technology and behavior sciences to inspire and reward healthy lifestyles. [1] Over the past […]
DALBAR’s Universal Life Study Recognizes Top Online Experiences
{October 4th, 2022} by DALBAR, Inc
These Providers Make it Easy to Begin Doing Business with Them MARLBOROUGH, Mass., Sept. 29, 2022 /PRNewswire/ — DALBAR‘s 2022 review of Universal Life consumer web experiences identifies Nationwide, USAA, Thrivent, Lincoln Financial and Prudential as leaders in addressing clients’ and prospects’ self-service needs. Demystifying the complexities of life insurance for those seeking protection solutions is essential to […]
RBC Wealth Management Teams with Transamerica and FuturePlan by Ascensus to Expand Retirement Plan Access with Innovative New Pooled Plan Solution
{October 4th, 2022} by RBC Wealth Management
MINNEAPOLIS, Sept. 29, 2022 /PRNewswire/ – RBC Wealth Management is teaming up with Transamerica and FuturePlan by Ascensus to introduce an innovative new pooled plan retirement solution for U.S. business owners called RBC Group Retirement Plan (GRP). According to a 2021 report from the U.S. Bureau of Labor Statistics, just 53% of private industry employers with less than […]
Survey: Companies Struggle to Hire and Promote Amid Uptick in Delayed Retirements
{October 4th, 2022} by Nationwide
COLUMBUS, Ohio, Sept. 29, 2022 /PRNewswire/ — Today, four in 10 older American workers are delaying their retirement due to the rise in living costs – double those who said they delayed their retirement a year ago because of the COVID-19 pandemic. The survey, released today by the Nationwide Retirement Institute, finds wide-ranging workforce consequences because of delayed retirement. […]
SEVEN IN TEN HISPANIC SMALL BUSINESSES OPTIMISTIC ABOUT FUTURE, DESPITE HEADWINDS
{October 4th, 2022} by Nationwide
WASHINGTON, Sept. 28, 2022 /PRNewswire/ — Every year, Hispanic-owned businesses contribute over $800 billion dollars to the U.S. economy, and Hispanic entrepreneurs are starting businesses at a rate roughly three times the general population. However, millions of Hispanic small businesses (HSBs) disproportionately impacted by COVID-19 are still working to financially recover. According to a new survey released today from the United States […]
From Patients to Policyowners, Black Entrepreneurs Backed by Northwestern Mutual Drive Innovation and Improved Outcomes Across Industries
{October 4th, 2022} by Northwestern Mutual
Company’s Black Founder Accelerator Program expands to 20 businesses nationwide with the addition of five promising tech startups MILWAUKEE, Sept. 27, 2022 /PRNewswire/ — Northwestern Mutual, in partnership with gener8tor, today announced the addition of five dynamic tech startups to its Black Founder Accelerator, an initiative launched to provide targeted resources and financing to promising Black entrepreneurs. […]
Brighthouse Financial Announces Conference Call to Discuss Third Quarter 2022 Results
{October 4th, 2022} by Brighthouse Financial, Inc
CHARLOTTE, N.C.–(BUSINESS WIRE)–Brighthouse Financial, Inc. (Brighthouse Financial) (Nasdaq: BHF) announced today that it plans to hold a conference call and audio webcast to discuss its financial results for the third quarter ended September 30, 2022, at 8:00 a.m. Eastern Time on Tuesday, November 8, 2022. The call will follow the issuance of the Brighthouse Financial […]
Principal Charity Classic sets charitable giving record in 2022
{October 4th, 2022} by The Principal Charity Classic
DES MOINES, Iowa–(BUSINESS WIRE)–The Principal Charity Classic today announced its 2022 tournament raised more than $8.2 million in support of Iowa children’s charities, surpassing the event’s previous record of $7.3 million set in 2021. The annual PGA TOUR Champions event in Des Moines has now raised more than $45.6 million for Iowa children’s charities since Principal Financial […]
Monument Re Announces Merger of AME Life Lux S.A. Into Monument Assurance Luxembourg S.A.
{October 4th, 2022} by Monument Re
HAMILTON, Bermuda–(BUSINESS WIRE)–Monument Re announced today that AME Life Lux S.A. will merge into Monument Assurance Luxembourg S.A. following receipt of regulatory approval from the Commissariat aux Assurances. As a result, Monument Assurance Luxembourg S.A. will be the sole Monument Luxembourg entity following the merger. Monument Re Limited is a reinsurer and asset consolidator with a […]
Prudential Powers Inclusion and Economic Growth in New York City and Across the Globe Through Support of Curtain Up Broadway Festival
{October 4th, 2022} by Prudential Financial, Inc.
NEWARK, N.J.–(BUSINESS WIRE)–For the second year in a row, Prudential Financial, Inc. (NYSE: PRU), in collaboration with Playbill, Times Square Alliance, and The Broadway League, is proud to be the title sponsor of the Curtain Up Broadway Festival. The free, three-day outdoor event will take place Sept. 30 – Oct. 2 in the heart of Times Square […]
Best’s Review: Leading U.S. Life/Health Writers and More
{October 4th, 2022} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–September’s Best’s Review looks at the U.S. life/health insurance industry in Total Life Issued Down in 2021; Ordinary Life Climbs in Mixed Year, which includes Best’s Rankings for: 2021 Ordinary Life Average Policy Size and Lapse Ratios — 2022 Edition Group Life Issued — 2022 Edition Group Life In Force — 2022 Edition Total Life Issued […]
Securian Financial collaborates with “BenefitBump” to enhance education among expectant parents
{October 4th, 2022} by Securian Financial
ST. PAUL, Minn.–(BUSINESS WIRE)–To provide greater assistance to employees growing their families, Securian Financial—in a first among insurance carriers1—is adding “BenefitBump” as a value-added service.2 The BenefitBump service can be used with Securian Financial’s group hospital indemnity insurance issued by Securian Life Insurance Company. BenefitBump improves outcomes for both employers and employees by helping growing families navigate […]
Seventy Percent of Americans Worried About Meeting the Costs of Rising Insurance Premiums
{October 4th, 2022} by wefox
BERLIN–(BUSINESS WIRE)–A recent survey reveals that consumers all over the world are worried about the rising cost of insurance premiums. Among the American consumers surveyed, 70% indicate that they are worried about paying for the rising costs of their insurance premiums and that nearly 40% of those that have cancelled policies did so because they […]
Lincoln Financial Group and Modern Life partner to accelerate digital transformation in life insurance
{October 4th, 2022} by Lincoln Financial Group
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today announced a new partnership between Lincoln Financial Distributors (LFD), its wholesale distribution franchise, and Modern Life, a tech-enabled life insurance brokerage. The partnership will enable Lincoln’s life insurance product portfolio to be delivered on Modern Life’s digital platform, providing an improved digital end-to-end experience – an important pillar […]
Best’s Special Report: Private Equity Continues to Make Inroads in the Insurance Industry
{October 4th, 2022} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–An active year for mergers and acquisitions in 2021 and large block reinsurance transactions led to a 41% increase in admitted assets owned by private equity firms in 2021, according to a new AM Best special report. In its Best’s Special Report, “Private Equity Continues to Make Inroads in Insurance Industry,” AM Best states that as […]
DPL Financial Partners secures additional growth capital as annuity sales on platform top $1 billion
{October 4th, 2022} by DPL Financial Partners
LOUISVILLE, Ky.–(BUSINESS WIRE)–DPL Financial Partners (“DPL”) announced today that its two outside investors, Eldridge and Atlas Merchant Capital, have invested an additional $20 million (combined) in the turnkey insurance management platform for registered investment advisors. The new equity commitment coincides with DPL surpassing $1 billion in commission-free annuity purchases by advisors on behalf […]
Empower exceeds 90 percent retention of participants and assets from MassMutual acquisition
{October 4th, 2022} by Empower
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–As Empower approaches the completion of its integration of the acquired MassMutual retirement business, the company is announcing key client milestones tied to furthering the success of employers and retirement investors the company is now serving. Empower closed its acquisition of MassMutual’s retirement plan business in December 2020 with the intent of capitalizing on […]
More BIPOC Americans Open to Getting Financial Planning Help in 2022
{October 4th, 2022} by Allianz Life Insurance Company of North America
MINNEAPOLIS–(BUSINESS WIRE)–Despite the significant financial challenges brought on by the pandemic over the past two years, Americans who identify as BIPOC (Black, Indigenous, and People of Color, including Hispanic and Asian/Asian Americans) report receiving less professional assistance than they did a year ago, according to the 2022 Retirement Risk Readiness Study* from Allianz Life Insurance […]
Pacific Life Foundation Awards $75,000 in College Scholarships During Life Insurance Awareness Month
{October 4th, 2022} by The Pacific Life Foundation
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–The Pacific Life Foundation has awarded five $15,000 college scholarships through Life Happens (www.LifeHappens.org) and its annual Life Lessons Scholarship Program to aid the financial burden of students who have lost a parent without life insurance. The scholarships are part of September’s Life Insurance Awareness Month, designed to help educate individuals on the […]
AllianzIM Announces New Upside Caps for October Series of U.S. Large Cap Buffered Outcome ETFs
{October 4th, 2022} by Allianz
MINNEAPOLIS–(BUSINESS WIRE)–Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announces new upside Caps for the October series of its U.S. Large Cap Buffered Outcome Exchange Traded Funds (ETFs) suite. The series includes two ETFs with a twelve-month Outcome Period: the AllianzIM U.S. Large Cap Buffer10 […]
Consumer concern shifts from COVID-19 to the economy
{October 4th, 2022} by Jennifer Douglas
For nearly two years, consumer concerns about COVID-19 and the economy went hand in hand. However, the two concerns diverged more recently as fears about the virus waned this year and the flailing economy took center stage. LIMRA’s quarterly Consumer Sentiment in the Time of COVID-19 study found only 29% of Americans expressed a high […]
Lincoln Financial Group’s Sharon Scanlon Receives 2022 Women Worth Watching Recognition from Profiles in Diversity Journal
{October 4th, 2022} by Lincoln Financial Group
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) announced today that Sharon Scanlon, senior vice president, Customer Experience and Transformation, Producer Solutions and Retirement Plan Services Operations, has been recognized by Profiles in Diversity Journal on its 2022 Women Worth Watching list. The prestigious award recognizes dynamic women who have made significant contributions to their industry and exhibit excellence in […]
Lincoln Financial Group Names Industry Veteran Jim O’Boyle Senior Vice President, Life & Annuity Operations
{October 3rd, 2022} by Lincoln Financial Group
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) announced today that Jim O’Boyle will join as senior vice president and head of Life & Annuity Operations, effective Nov. 1. In this role, O’Boyle will focus on accelerating the company’s efforts to enhance customer experience and continue to improve internal operating efficiency. He will report to Matt […]
Equitable Holdings Closes Reinsurance Transaction with Global Atlantic
{October 3rd, 2022} by Equitable Holdings, Inc
NEW YORK–(BUSINESS WIRE)–Equitable Holdings, Inc. (the “Company”) (NYSE: EQH) announced today that it has successfully closed the transaction between the Company’s principal operating subsidiary Equitable Financial Life Insurance Company and Global Atlantic Financial Group subsidiary, First Allmerica Financial Life Insurance Company. The transaction reinsures1 a 50% quota share of pre-2009 Group Retirement VA contracts supported by […]
