Aspida, Market Synergy Group Release New Lifetime Income Solution
November 06, 2023
Topeka, KS
Aspida Life Insurance Company (“Aspida”) and Market Synergy Group launched the distribution of Aspida’s new Synergy Choice™ Income, a 10-year fixed index annuity (FIA) with a Guaranteed Lifetime Withdrawal Benefit Rider.
“Synergy Choice™ Income is a great complement to the existing suite of Synergy Choice annuity products,” said Chad Burns, Chief Distribution Officer for Aspida. “It offers our clients lifetime guaranteed income and we expect it to be well received in the annuity market.”
- Aspida Launches New Version of its eApplication for Annuities
- October 30, 2023: Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, today introduced version 2.0 of its annuity eApplication (eApp), providing an easier-to-use and more nimble experience. The updated version boasts a cleaner look and feel, enhancements to the funding page, smoother navigation, and an updated progress header, creating an even faster application process for financial professionals...
- Aspida Names Alex Seidita as Chief Information Officer
- October 04, 2023: Aspida Holdings, Ltd., through its subsidiaries (collectively “Aspida”), announced today the appointment of Alex Seidita as Chief Information Officer (CIO). Seidita succeeds Joe Lurie, who has served as Aspida’s CIO since it inception. Lurie will retire at the end of the 2023...
- KBRA Affirms Ratings of Aspida Holdings Ltd. and its Insurance Operating Subsidiaries
- September 28, 2023: KBRA affirms the A- insurance financial strength ratings (IFSRs) of Aspida Life Insurance Company (Aspida Life) and Aspida Life Re Ltd. (Aspida Re). KBRA also affirms the BBB issuer rating of Aspida Holdings Ltd. Collectively the companies are referred to as Aspida. The Outlook for all ratings is Stable....
- Aspida Re Names Andrew Preston as Chief Financial Officer
- September 25, 2023: Aspida Life Re Ltd. (“Aspida Re”), a Bermuda-based life and annuity reinsurance company, announced today that Andrew Preston has joined its executive team as Chief Financial Officer...
- Aspida Appoints James K. Hunt to its Board of Directors
- May 03, 2023: Aspida Holdings, Ltd., through its subsidiaries (collectivel “Aspida”), announced today that James K. Hunt (“Jim Hunt”) has joined its board of directors (the “Board”)...
- AM Best Affirms Credit Ratings of Aspida Life Re Ltd. and Aspida Life Insurance Company
- April 28, 2023: AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Aspida Life Re Ltd. (Aspida Re) (Bermuda) and Aspida Life Insurance Company (Aspida Life) (Durham, NC). The outlook of these Credit Ratings (ratings) is stable...
- Aspida Re Names Jenny Kane as Deputy Chief Operations Officer
- April 05, 2023: Aspida Life Re Ltd. (“Aspida Re”), a Bermuda-based life and annuity reinsurance company, announced today that Jenny Kane has joined its executive team as Deputy Chief Operations Officer....
2022
- Market Synergy Group, Aspida to Partner in Distribution of New Fixed Index Annuity Series
- November 8, 2022: Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, and Market Synergy Group announced plans on Monday to partner on the distribution of Aspida’s new Synergy Choice™ Max fixed index annuity (FIA) series...
- Aspida Re Names David Florian as Chief Executive Officer
- November 09, 2022: Florian brings over three decades of industry experience and over two decades of leadership experience to the Aspida Re team...
- Aspida Chooses FireLight® to Help Power Annuity Sales
- October 12, 2022: Aspida to use FireLight platform to help distribute suite of annuity products to broker-dealer channel…
- Aspida Partners with DPL Financial to Enhance Suite of Fixed Annuities
- October 5, 2022: Aspida Advisory MYGA is now available in over forty states, includes the first ever two-year duration product available through DPL’s suite of commission-free MYGAs…
- Aspida Names Taiesha McBroom as Chief Legal Officer
- September 30, 2022: McBroom brings over 18 years of industry experience, strong expertise in global merger and acquisitions to the role…
- Aspida to add 40 years of executive experience to board of directors with new appointment
- September 23, 2022: Linda Forte joins Aspida Life Insurance Company’s board of directors this week, bringing invaluable industry experience and significant strategic insight…
- WealthVest, in partnership with Aspida, offer new products based on exclusive Invesco Peak Index
- August 23, 2022: WealthVest, a financial services marketing, and wholesaling firm, in conjunction with Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, is now offering crediting strategies on an exclusive index from Invesco Ltd…
- Ebix signs Aspida to join its Annuity Exchange platform
- August 19, 2022: Ebix, Inc. (NASDAQ: “Ebix”), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced today that Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company…
- WealthVest and Aspida Partner with Franklin Templeton on Exclusive Index
- August 12, 2022: -Aspida’s WealthLockSMAccumulator Fixed Index Annuity offers two crediting strategies linked to the Franklin Factors US Index...
- WealthVest, in partnership with Aspida, offer new Lighthouse Index from Janus Henderson and Societe Generale
- August 2, 2022: WealthVest, a financial services marketing and wholesaling firm, in conjunction with Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, are now offering crediting strategies on an exclusive index from Societe Generale and Janus Henderson Investors on Aspida’s WealthLockSM Accumulator Fixed Index Annuity...
- Aspida to Partner with SuranceBay to Streamline State Approval Process
- July 21, 2022: Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, and SuranceBay, an insurance technology firm, announced its partnership in the development of automated state appointments, adding to Aspida’s enhanced, tech-driven producer onboarding process...
- Aspida to Partner with WealthVest to Distribute WealthLock Product Suite of Annuities
- June 17, 2022: Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, and WealthVest, a financial services marketing and wholesaling firm, announced plans to partner on the distribution of Aspida’s principal-protected retirement solutions, now available in over 35 states...
- Aspida, Market Synergy Group to Partner in Distribution of Retirement Annuity Series
- June 16, 2022: Market Synergy Group announced its partnership with Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, for the distribution of Aspida’s Synergy ChoiceTM Multi-Year Guaranteed Annuity series...
- KBRA Assigns Aspida Life A- Strength Rating Ahead of Product Launch
- June 13, 2022: Aspida Life Insurance Company (“Aspida Life”) has been assigned an insurance financial strength rating (ISFR) of A- with a Stable Outlook...
- AM Best Assigns Aspida Life “Excellent” Rating
- April 13, 2022: Aspida Life Insurance Company (“Aspida Life”) has been “assigned a Financial Strength Rating (FRA)...
- Ares Management Corporation Adds New Capability in Investment Grade Private Credit
- January 11, 2022: Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Jeffrey Hughes...
2021
- Archwest Capital Announces Strategic Minority Investment by Aspida
- October 25, 2021: Archwest Capital, LLC (“Archwest Capital”) today announced the completion…
- Aspida Completes Acquisition of U.S. Based Insurance Platform
- July 15, 2021: Aspida Holdings Ltd. (“Aspida”), an indirect subsidiary…
- AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Aspida Life Re Ltd.
- March 24, 2021: AM Best has removed from under review with developing implications...
2020
- Ares Management Corporation And Aspida Announce the Closing of F&G Reinsurance Acquisition
- December 18, 2020: Ares Management Corporation (“Ares”)(NYSE: ARES)...
- Ares Management Appoints Raj Krishnan as Partner and Chief Investment Officer of Ares Insurance Solutions
- October 26, 2020: Ares Management corporation announced today that ...
- Ares Management Corporation to Acquire F&G Reinsurance Ltd
- September 30, 2020: Ares Management Corporation ("Ares") (NYSE: ARES)...