Alice Ericson

Nassau Financial Group Expands Insurtech Program with New Capital Commitment

Hartford, Conn., April 21, 2025 – Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. The program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

“We are excited to expand our Nassau Reimagine program with additional capital and resource support. Our program has supported over 100 startups in our communities since its inception in 2019, as a first-of-its-kind among Hartford-based insurance companies. Through this added commitment, we look forward to enabling technological innovation for the insurance industry with new companies in our communities,” said Phil Gass, Chairman and CEO of Nassau.

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Alice EricsonNassau Financial Group Expands Insurtech Program with New Capital Commitment
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Nassau Wins Albany Times Union 2025 Top Workplaces

Albany, N.Y., April 14, 2025 – For the third straight year, Nassau has been named one of the Top Workplaces in the Albany Capital District, an annual list published in the Albany Times Union.

The award is based on employee feedback, and Nassau was among 49 local companies on the list for 2025. Nassau’s Albany office previously won the Top Workplaces designation in 2020, 2023 and 2024.

Top Workplaces rankings are conducted in metro regions across the country and include employers with at least 50 local employees. Nassau also has been named one of the Top Workplaces in Greater Hartford, published in the Hartford Courant, for the past several years.

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Nassau Financial Group and Golub Capital Close Minority Equity Investment

HARTFORD, Conn., and NEW YORK, January 7, 2025 – Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, have closed on their previously announced strategic partnership after satisfaction of closing conditions.

At closing, Nassau received a $200 million minority non-voting common equity investment from Golub Capital. This investment provides capital to support Nassau’s growth strategy, including through organic growth, acquisitions and strengthening its balance sheet. Nassau and Golub Capital also entered into a long-term Investment Management Agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s premium middle market direct lending strategies, through tailored capital-efficient solutions.

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Alice EricsonNassau Financial Group and Golub Capital Close Minority Equity Investment
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Kroll Upgrades Nassau’s Ratings and Assigns Positive Outlook

Kroll Bond Rating Agency (KBRA) has upgraded the insurance financial strength ratings for Nassau’s insurance companies to BBB+ and assigned a positive outlook.

In its commentary on this upgrade, KBRA noted that Nassau’s ratings “reflect its multi-year transformation that has positioned the company to successfully execute its strategy.”

Read KBRA’s press release here.

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Alice EricsonKroll Upgrades Nassau’s Ratings and Assigns Positive Outlook
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Nassau Wins Hartford Courant 2024 Top Workplaces Award

HARTFORD, Conn., Sept. 25, 2024 – Nassau has been named one of the Top Workplaces in Greater Hartford for 2024, an annual list published by the Hartford Courant.

Nassau is one of 51 local companies to earn Top Workplaces recognition and won two additional trophies: 3rd Place in the midsize category and a special award for “Clued In Senior Management,” given for the highest survey score on the statement, “senior managers understand what is really happening at this company.”

The Hartford Courant list is based solely on employee feedback gathered through a third-party survey administered by Energage. Employees in Nassau’s Hartford headquarters participated in the survey.

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Alice EricsonNassau Wins Hartford Courant 2024 Top Workplaces Award
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