Tag : life insurance

Foresters Financial Announces 4.75 Percent UL Crediting Rate, One of the Highest Rates Industry Wide
InsurTech News

Foresters Financial Announces 4.75 Percent UL Crediting Rate, One of the Highest Rates Industry Wide

Fintech News Desk
by Fintech News Desk0
Foresters Financial the fraternal life insurer that’s boldly redefining the life insurance industry through innovation, purpose and wellness, today announced that the non-guaranteed crediting rate on its SMART Universal Life Insurance (“SMART UL”) [1]  will increase from 4.50 percent to 4.75 percent across new and many in-force certificates. This increase positions SMART......
Integrity Expands Annuity and Life Insurance Distribution by Partnering with Annuity Agents Alliance
InsurTech News

Integrity Expands Annuity and Life Insurance Distribution by Partnering with Annuity Agents Alliance

Fintech News Desk
by Fintech News Desk0
Denver-based IMO will benefit from the security, scalability and resources that Integrity partnership provides as it works to serve the complex financial needs of more Americans Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced......
MassMutual Becomes Equity Investor in Kudu Investment Management
InsurTech Investment Services News

MassMutual Becomes Equity Investor in Kudu Investment Management

Fintech News Desk
by Fintech News Desk0
Kudu Investment Management, LLC (Kudu), an independent provider of permanent capital solutions to asset and wealth managers worldwide, announced that Massachusetts Mutual Life Insurance Company (MassMutual), a leading U.S. mutual life insurance company, has become an equity investor – joining White Mountains Insurance Group, Ltd.. Since 2018, New York-based Kudu has......
Policygenius Expands Marketplace with Life Insurance from Foresters Financial
InsurTech News

Policygenius Expands Marketplace with Life Insurance from Foresters Financial

Fintech News Desk
by Fintech News Desk0
Insurtech platform Policygenius continues rapid growth with launch of a new, convenient life insurance option with no medical exam and suite of living benefits Policygenius, the nation’s leading tech-enabled platform for insurance shopping and fulfillment, announced the new offering of an innovative life insurance product from Foresters Financial. The product, Foresters......
81% of Global Financiers Say Legacy IT Inhibits Business Change
Business InsurTech News

81% of Global Financiers Say Legacy IT Inhibits Business Change

Fintech News Desk
by Fintech News Desk0
Economist Intelligence Unit uncovered the scale of technical debt in financial services in a report sponsored by Appian Appian reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives. These are the findings of......
Aegon Life Appoints Srinidhi Shama Rao As Chief Strategy Officer To Drive Exponential Growth
InsurTech News

Aegon Life Appoints Srinidhi Shama Rao As Chief Strategy Officer To Drive Exponential Growth

Fintech News Desk
by Fintech News Desk0
Elevates key talent to lead strategic business units and scale business through 100 distribution partners in 2022 Aegon Life, Digital India’s life insurance company, announced the appointment of Srinidhi Shama Rao as Chief Strategy Officer to drive its digital-only strategy and achieve exponential growth. Srinidhi will be reporting to Satishwar Balakrishnan, MD & CEO, Aegon Life,......
Equitable Bank Expands Life Insurance Lending Program With Addition Of Equitable Life As Partner Insurer
InsurTech Lending News

Equitable Bank Expands Life Insurance Lending Program With Addition Of Equitable Life As Partner Insurer

Fintech News Desk
by Fintech News Desk0
Equitable Bank, Canada’s Challenger Bank, continues to grow its life insurance lending program, announcing that it has entered into a new lending arrangement with Equitable Life of Canada that will allow qualifying Equitable Life policy owners to access funds through Equitable Bank’s insurance lending solutions, which include CSV Lines of Credit and......
Fintech Leader Policygenius Raises $125 Million Series E Round
InsurTech News

Fintech Leader Policygenius Raises $125 Million Series E Round

Fintech News Desk
by Fintech News Desk0
Company on pace to be the single largest distribution platform for term life insurance this year Policygenius, the nation’s leading tech-enabled platform for insurance distribution, announced the closing of $125 million of new growth capital, bringing the company’s total funding to more than $250 million. All existing major investors participated in the......
Inszone Insurance Services Completes Acquisition of Texstar Insurance Services
InsurTech News

Inszone Insurance Services Completes Acquisition of Texstar Insurance Services

Fintech News Desk
by Fintech News Desk0
Agency Becomes the 2nd acquisition in the state of Texas for Inszone Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced the acquisition of Texstar Insurance Services Inc. “Thank you to our loyal customers. We enjoyed serving each of you and we know......
Western Financial Group Acquires Alberta Insurance Broker, Central Agencies
InsurTech News

Western Financial Group Acquires Alberta Insurance Broker, Central Agencies

Fintech News Desk
by Fintech News Desk0
The new partnership adds another Western Financial Group location in Camrose Western Financial Group is pleased to announce its acquisition of Central Agencies, an insurance brokerage located in Camrose, Alberta. “This partnership is a great fit for us and will further strengthen our presence in Alberta,” said Kenny Nicholls, President and......
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