BELLEVUE, Wash. & HARTFORD, Conn. — Symetra Life Insurance Company today announced a partnership with the Nassau Re/Imagine insurtech incubator based in Hartford, Connecticut, that will tap the creative and developmental opportunities in the region’s deep insurance industry talent pipeline. The program currently supports 19 startups focused on solving critical problems for the life, annuity, reinsurance, and property & casualty sectors.
Nassau Financial Group Launches “Simple Annuity,” a First-of-Its-Kind iOS App for Fixed Annuities
Hartford, CT, July 7, 2020 – Nassau Financial Group (“Nassau”) launched Simple Annuity, its inaugural iOS mobile application, to support the sales of its fixed rate annuities. The Simple Annuity app marks a key step in Nassau’s efforts to redesign the sales and consumer experience for annuities, empowering agents with digital tools to support sales and help consumers take charge of their retirement savings strategy in a direct, tech-forward way. The tool offers quick access to rates as high as 2.75%* for a 6-year term.
Nassau Financial Group Completes Acquisition of Foresters Life Insurance and Annuity Company
HARTFORD, Conn., July 1, 2020 — Nassau Financial Group, L.P. (“Nassau”) today announced that it has completed the acquisition of Foresters Life Insurance and Annuity Company (“FLIAC”) from The Independent Order of Foresters.
Nassau is headquartered in Hartford, CT, and offers a suite of insurance and fixed annuity products, along with reinsurance, insurance distribution and asset management capabilities across its four segments. After this transaction, Nassau has combined assets of approximately $27 billion and capital of approximately $1.2 billion.
Nassau Corporate Credit Nominated for “Best US CLO Manager” and “Best New US CLO” for the 2020 Creditflux Manager Awards
DARIEN, Conn., May 15, 2020 — Nassau Corporate Credit is pleased to announce that it has been named as a finalist in two separate categories for this year’s Creditflux Manager Awards, “Best US CLO Manager” and “Best New US CLO” for Nassau 2019-II. Creditflux will announce the awards via a virtual event on July 15, 2020.
The “Best US CLO Manager” is awarded by Creditflux (a London-based publisher of information about credit funds and CLOs) to a US CLO manager with five or more active CLOs.
Nassau Private Credit hires Vincent Chan
DARIEN, Conn., May 11, 2020 — Nassau Private Credit is pleased to announce that it has hired Vincent Chan, CFA. Vincent will serve as Portfolio Manager and will focus on investments in investment grade and non-investment grade CLO securities.
Vincent has 16 years of CLO and structured credit investment experience. He was most recently the Portfolio Manager for structured product investments and Managing Director at Assurant Investment Management, where he also was responsible for structuring in Assurant’s CLO management platform.