HARTFORD, Conn. and SAN FRANCISCO, Jan. 9, 2023 — Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC. AIC has become a subsidiary of Nassau’s asset management segment, Nassau Asset Management LLC.
Founded in 2008 by Golden Gate Capital, AIC is a specialty credit investment firm that currently manages $3.6 billion in assets including its balance sheet capital of approximately $300 million. AIC will continue to be led by Alex Dias, CEO and Managing Director, and Jonathan R. Insull as Lead Portfolio Manager and Managing Director.
HARTFORD, Conn., Dec. 5, 2022 – Nassau Re/Imagine today announced the launch of TalentBridge23, a six-month incubation program that will connect talent, innovation, and opportunity within the Hartford insurtech community beginning in January, 2023.
Nassau Re/Imagine will run the program, which is also sponsored by CGI and LTIMindtree in conjunction with the University of Connecticut (UConn), and University of Hartford (UHart).
Ten startups working to address two important issues for seniors – retirement and health – were selected for the program.
Prior to the January start, these startups will be partnered with mentors from one of the three sponsoring companies, a university faculty advisor, at least one experienced industry advisor, and an investor. They also will be matched with interns in the joint UConn/UHart insurtech program.
HARTFORD, Conn., Nov. 18, 2022 – Nassau Financial Group, L.P. (“Nassau”) today announced that it has entered into a definitive agreement for its subsidiary, Nassau Life Insurance Company (“NNY”), to acquire Delaware Life Insurance Company of New York (“DLNY”) from Delaware Life Insurance Company (“Delaware Life”). NNY and DLNY are New York-domiciled life insurance companies.
The transaction is expected to close in the second half of 2023 and is subject to customary closing conditions, including receipt of regulatory approvals.
“As Nassau’s fourth insurance acquisition, this transaction marks yet another step in our growth plans to expand our New York insurance business. We appreciate the opportunity to work closely with Delaware Life, providing seamless execution in support of their strategic objectives,” said Phil Gass, Chief Executive Officer of Nassau. “With our similar lines of business and widely recognized best-in-class service, we stand ready to welcome DLNY’s policyholders to Nassau.”
BELLEVUE, Wash., & HARTFORD, Conn., Nov. 9, 2022 — Symetra Life Insurance Company and insurtech incubator Nassau Re/Imagine are collaborating on a new podcast series that explores the leading trends and innovations happening in the workplace benefits space. Launching today, the “Working Forward” series examines the future of work, with topics ranging from the accelerating emergence of data and technology to evolving workforce dynamics and what they may mean for employers, employees and benefits solution providers. Futurist Garry Golden joins series hosts Harry Monti, Todd Dzen, Paul Tyler and Laura Dinan Haber for the first podcast, The future of work, and a timely discussion on the issues shaping society, business and how organizations should be thinking about market transitions.
HARTFORD, Conn., Sept. 23, 2022 – Nassau has been named one of the Top Workplaces in Greater Hartford, an annual list published by the HartfordCourant. Nassau is one of 61 local companies to win the award for 2022 and ranked 9th in the midsize employer category.
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.
Top Workplaces rankings are conducted in metro regions across the country and include employers with at least 50 local employees.