Annexus and Highland Capital Partner on Exclusive Life Insurance Distribution Opportunity
Annexus IUL Offers Potential for Greater Client Value
SCOTTSDALE, Ariz., June 13, 2017 (BUSINESS WIRE)–Annexus, a leading designer of fixed indexed annuities and indexed universal life insurance (IUL), announced today a new distribution partnership with Highland Capital Brokerage. The partnership adds a new distribution opportunity for Balanced Growth Advantage IUL (BGA), designed by Annexus and issued by Minnesota Life Insurance Company.
“The indexed crediting strategies in Annexus’ fixed indexed annuities have a decade-plus success record of delivering greater client value,” said Highland Capital Brokerage CEO Jim Gelder. “It’s exciting to join the exclusive group of Independent Distribution Companies with access to that same innovation in a competitive IUL product.”
“Indexed Universal Life insurance sales topped $1.86 billion in 2016¹—an all-time high,” said Ron Shurts, Annexus co-founder. “Highland Capital is committed to our vision of connecting the top financial professionals with exclusive access to innovative client-centric products. We believe the BGA product design and this partnership will continue to fuel record IUL growth in 2017 and beyond.”
“An accumulation IUL product like BGA gives clients life insurance that can do much more than provide an income tax-free death benefit,” said James Hahn, EVP of life insurance sales at Annexus. “BGA provides a unique opportunity for clients to potentially accumulate even more assets to help supplement retirement income and offset other financial needs that may arise,” he said.
BGA IUL is available to independent insurance agents and financial advisors through the Annexus network of Independent Distribution Companies.
¹Source: Wink Sales & Market Report 4th Quarter 2016, published February 2017.
About Annexus
Co-founded by Ron Shurts and Don Dady, Annexus designs solutions to help Americans grow and protect their retirement savings. For over a decade, Annexus has developed market-leading fixed indexed annuities and indexed universal life insurance products. In close collaboration with design partner Genesis Financial, Annexus has forged relationships with Athene, Nationwide® and Securian Financial Group, as well as Barclays and Merrill Lynch. Find out more about Annexus and our products at www.annexus.com.
About Highland Capital Brokerage
Highland Capital Brokerage is a national brokerage company providing point-of-sale support, advanced marketing, and creative estate and business planning techniques to financial advisors and insurance professionals. We deliver these services in an efficient, client-focused environment that extends to carrier and product expertise, underwriting negotiation, and complete back office processing. Our core competencies include life insurance, annuities, and long term care. HCB delivers objective access to major insurance carriers, advanced planning support, expertise in risk underwriting, and back office processing to insurance brokers, financial planners, and various institutions such as banks, wirehouses, and certified public accountant firms. To learn more about Highland Capital Brokerage, visit www.highlandbrokerage.com. Securities by Licensed Individuals Offered Through Investacorp, Inc. A Registered Broker/Dealer, Member FINRA, SIPC.
About Securian Financial Group
Since 1880, Securian Financial Group and its affiliates, including Minnesota Life Insurance Company, have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest financial services providers, Securian is the holding company parent of a group of companies that offer a broad range of financial services.