INSURASALES

Tag: Annuities

Malibu Life Acquires TruSpire for U.S. Direct Annuity Market Entry

Malibu Life Holdings acquires TruSpire Retirement Insurance for $45M, marking entry into U.S. direct annuity market with plans to launch fixed-indexed annuity products in 2026.

Oneglobal Acquires Bermuda-Based Life and Annuity Services to Expand Offerings

Oneglobal Broking acquires Bermuda-based Life and Annuity Services to enhance its life insurance and annuity planning capabilities, expanding offerings for corporate and individual clients.

Group 1001 Names Derek Towriss President of Gainbridge Insurance Agency

Group 1001 Insurance appoints Derek Towriss as President of Gainbridge Insurance Agency, advancing leadership in annuities and insurtech innovation.

TruChoice Launches SmartHub Platform to Streamline Annuity Sales

TruChoice Financial Group launches SmartHub, an integrated platform streamlining annuity sales for financial professionals with enhanced order management and compliance.

Mountain Life's Secure Summit 6 Annuity Gains Traction with 10% First-Year Rate

Mountain Life Insurance's Secure Summit 6 guaranteed annuity attracts strong demand with a 10% first-year crediting rate, reflecting market trends favoring predictable retirement income and capital preservation.

U.S. Life/Annuity Insurance Net Income Rises 39% in H1 2025

The U.S. life/annuity insurance sector saw a 39% net income rise in Q1 2025, driven by premiums, investments, and reserve adjustments per AM Best report.

BCG Pension Risk Consultants Bolster Team with Veteran Actuarial Experts

BCG Pension Risk Consultants enhances its defined benefit pension plan services by hiring experienced actuarial experts, reinforcing its market leadership in pension risk transfer and de-risking solutions for plan sponsors.

Agility Insurance Services Partners with Heartland National Life to Expand Senior Insurance Offerings

Agility Insurance Services partners with Heartland National Life to offer expanded Medicare Supplement and ancillary insurance products, enhancing agent resources and market reach in the U.S. health insurance sector.

Athene Leads U.S. Annuity Market Amid Pension Deal Decline and Strategic Shift

Athene Holding sustains leadership in U.S. annuities despite a 19% sales decline and nearly vanished pension deals. Strategic focus shifts to fixed-indexed annuities and defined contribution retirement solutions amid litigation challenges.

Leading TPA Implements CalcFocus Solutions to Transform Life & Annuity Administration

A leading Third-Party Administrator adopts CalcFocus Achieve and Forecast systems to modernize policy administration, enhance digital service, and accelerate Life and Annuity product deployment.