Nassau News
Alice Ericson
Nassau Re/Imagine Selects InsurTech Hartford to Accelerate Launch
“We intend Nassau Re/Imagine to build on all the great progress made over the last several years in the Hartford area. After sponsoring several events organized by InsurtTech Hartford, it was only natural for us to leverage their skills and talent to make our incubator a success,” said Paul Tyler, Chief Marketing Officer for Nassau Re, who leads the program.
Nassau Re Launches Insurtech Incubator
Hartford, CT, Feb. 20, 2019 –Nassau Re today announced the launch of Nassau Re/Imagine, an insurtech incubator based in the company’s iconic Boat Building headquarters in Hartford, CT. Nassau Re/Imagine will support selected startups focused in the life insurance, annuity and reinsurance industries and will provide complimentary office space and business development services.
“We are excited to launch our Nassau Re/Imagine initiative, as Nassau Re looks to be a leader in Hartford’s emerging insurtech expansion plans. Our industry is changing dramatically, and Hartford’s community and business leaders have created great momentum to attract insurtech entrepreneurs and lead that change,” said Phil Gass, Chief Executive Officer of Nassau Re.
Nassau Re Announces New Investment Strategies; Appoints Bruce Brittain and Russell Pemberton as Co-Managers of Nassau Private Credit
Hartford, CT, Feb. 12, 2019 – Nassau Re today announced that it is launching new investment strategies in its asset management segment, expanding into additional specialty finance asset classes as it grows third-party assets under management. With the creation of Nassau Private Credit LLC (NPC), Nassau Re will invest directly in collateralized loan obligation (CLO) equity and related investments for third-party institutional investors. In addition, under its Nassau CorAmerica brand, Nassau Re will expand its existing real estate commercial whole loan capabilities to include floating rate debt investments. Nassau Re is also expanding its alternative investments practice to grow its private equity investing and co-investment platforms.
Nassau Re Announces New Capital for Growth and Rebranding of Core Subsidiaries
Nassau Re recently initiated a rebranding of its core insurance subsidiaries into a single Nassau brand. With a strengthened and unified brand in the marketplace, Nassau Re is better positioned to expand its suite of insurance products and execute on increased sales in partnership with select independent marketing organizations, as well as its direct-to-consumer online business.
“The return to growth, beginning with the rebranding of our core insurance companies is an exciting new chapter for Nassau Re and Phoenix. Over this past year, we have successfully completed the transformation and integration of our insurance companies while laying the foundation for stable, long-term growth. Looking ahead, we will continue providing our suite of competitive products while working closely with our distribution partners to develop new and innovative insurance products to meet our clients’ needs,” said Phillip J. Gass, Chief Executive Officer of Nassau Re. “The additional growth capital we have successfully raised will ensure seamless execution of our exciting growth initiatives for 2019 and beyond.”
All Nassau News
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Nassau Wins Albany Times Union 2024 Top Workplaces April 17, 2024
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Nassau Financial Group Announces Close of $250 Million in Credit Facilities February 22, 2024
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AM Best Revises Issuer Credit Rating Outlook to Positive February 15, 2024
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Nassau Financial Group Launches Innovative New Fixed Indexed Annuity Product January 16, 2024
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Nassau Wins Hartford Courant 2023 Top Workplaces Award September 20, 2023
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Nassau Financial Group and Fortress Investment Group Enter into Strategic Partnership September 5, 2023
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Nassau Financial Group Forms Nassau Global Credit July 17, 2023
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Nassau Financial Group Completes Acquisition of Delaware Life Insurance Company of New York July 3, 2023
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Nassau Financial Group Advances Digital Capabilities and Retiretech by Partnering with LifeYield June 28, 2023
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Nassau Financial Group Becomes Signatory to United Nations-supported Principles for Responsible Investment May 22, 2023
