AM Best has upgraded the Financial Strength Rating of Nassau’s insurance companies to B++. The upgrade clearly acknowledges the hard work of our employees and distribution partners and everything we achieved in 2021.
Nassau has never been stronger, our sales have never been higher, and we expect to see the positive momentum build as we head into 2022.
We are always working harder to be your carrier of choice.
Westport, Conn., November 4, 2021 – Balance Point Capital Advisors (“Balance Point”), the manager of Balance Point Capital Partners, a leading provider of debt and equity capital solutions to lower middle market companies, today announced it has received a strategic investment from Nassau Financial Group (“Nassau“), a Hartford, CT-based financial services company with assets of more than $27 billion. Nassau’s investment will take the form of a non-controlling minority interest in Balance Point. Balance Point will continue to operate on a stand-alone basis under its present executive leadership. Financial terms of this transaction were not disclosed.
Clearwater, Fla. and Hartford, Conn. – July 27, 2021 – AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has entered into an agreement to acquire Saybrus Partners, LLC (“Saybrus”), a life insurance and annuity distribution company, from Nassau Financial Group (“Nassau”).
“As longtime partners with Nassau Financial Group, we’ve witnessed firsthand Saybrus Partners’ track record of success as a leading distributor of life and annuity products,” said Scott R. Perry, chairman and CEO of AmeriLife. “Today’s announcement is a significant milestone in our relationship, and we’re thrilled to welcome the Saybrus team to the AmeriLife family. We look forward to extending and strengthening our industry-leading life and annuities offerings together.”
Hartford, CT, Jan. 11, 2021 – Nassau Financial Group (“Nassau”) announced it has received an initial strategic investment of $100 million from Wilton Reassurance Company (“Wilton Re”) and Stone Point Credit (“Stone Point”). The strategic investment was made through the issuance of a new series of non-cumulative perpetual preferred equity and may be significantly increased as Nassau’s business grows.
Hartford, CT, Sept. 25, 2020 — Nassau has been named a Top Workplace in Greater Hartford, an annual list published by the Hartford Courant. Nassau is one of 48 local companies to win the award for 2020 and ranked 10th in the midsize employer category.
The Hartford Courant list is based solely on employee feedback gathered through a third-party survey administered by Energage, LLC. Employees in Nassau’s Hartford headquarters participated in the survey, which measures 15 drivers of engaged cultures that are critical to the success of any organization: including alignment, execution and connection.
Top Workplace rankings are conducted in metro regions across the country and include employers with at least 50 local employees. Nassau’s Albany office was named a Top Workplace in Albany in April.