Nationwide Institutional Life Insurance Celebrates 30 Years of Commitment

Nationwide’s Institutional Life Insurance division commemorates 30 years in the institutional life insurance sector, underscoring its steady commitment to corporate- and bank-owned life insurance products.

As the division celebrates this milestone, it maintains a strong focus on strategic products such as corporate-owned life insurance (COLI) and bank-owned life insurance (BOLI). These instruments serve a crucial role for businesses aiming to fund employee benefits while efficiently managing the financial risk associated with key personnel loss. With a clientele that includes over 1,100 organizations, encompassing numerous members of the Fortune 1000, Nationwide has established itself as a stalwart in this complex marketplace.

30 Years of Commitment and Innovation

Jessica Dowdy, president of Nationwide Institutional Life Insurance, emphasizes their sustained commitment to the institutional life sector. "For 30 years, Nationwide has remained steadfastly committed to the institutional life insurance market, continuing to invest in this space rather than moving in and out of the market as conditions shift," Dowdy stated. This dedication is apparent in their portfolio, boasting over 60,000 active policies. She credits their steady growth and success to enduring partnerships with financial professionals and a foundational commitment to trust and stability in operations.

“Thirty years is an important milestone, but what truly sets us apart is our people. ILI is made up of dedicated industry specialists who are passionate about helping clients succeed.”

Expert Team Driving Client Satisfaction

The ILI division prides itself on a team of over 50 specialists dedicated to guiding clients through all critical stages of the insurance process, from initial sales and underwriting to ongoing policy management. This comprehensive approach ensures a seamless customer experience tailored to meet the unique needs of their clients. As Nationwide marks this significant anniversary, the company's emphasis on expertise and client success reflects its unwavering commitment to improving service and solutions within the institutional life insurance domain.

Nationwide's continued investment in resources and partnerships highlights its commitment to excellence in service and innovation in institutional life products, ensuring that they remain a preferred choice for businesses navigating the complexities of employee benefit funding and risk management.