SCOTTSDALE, (Arizona) — Annexus, a leading designer of annuities and insurance-based retirement products, and Blackstone, one of the world’s leading investment firms, announced that funds advised by Blackstone Tactical Opportunities (“Blackstone”) have made a strategic investment in Annexus, acquiring a minority stake in the company. Menes Chee, a Blackstone Senior Managing Director, said: “We are…
Best-selling accumulation FIA adds one of the industry’s strongest guaranteed income options COLUMBUS, (Ohio) — Nationwide, a leading insurance and financial services organization, and product development partner Annexus, the premier independent designer of fixed indexed annuities (FIAs), announced a new guaranteed lifetime withdrawal benefit feature available with the Nationwide New Heights® fixed indexed annuities, the…
Balanced Growth Accumulator Breakthroughs include Index Accounts with the new S&P PRISMSM Index’s Consistent Growth Opportunity SCOTTSDALE, Ariz. — Annexus, a leading designer of indexed life insurance, and Securian Financial launched Balanced Growth Accumulator (BGA), a breakthrough indexed universal life insurance (IUL) policy underwritten by Minnesota Life Insurance Company. BGA builds on the success of…
Credits Nationwide New Heights® fixed indexed annuity, the J.P Morgan Mozaic IISM Index and NYSE® Zebra Edge® Index in award recognition Scottsdale, AZ, March 13, 2018 — For the second consecutive year, Annexus, a leading designer of indexed annuities and indexed universal life insurance, was named Annuity Innovator of the Year by EQDerivatives. Based on…
New American Retirement Survey Reveals Americans’ Top Concerns and Needs, and Opportunities for Financial Services Professionals Scottsdale, AZ, Feb. 8, 2018 (BUSINESS WIRE) — When it comes to retirement, most Baby Boomers are unsure if they’ve saved enough and are concerned about running out of money. And while a majority recognize the importance of securing…
Innovative Work on Nationwide New Heights Index Option Results in “Deal of the Year” Award COLUMBUS, Ohio, Dec. 11, 2017 (PRNewswire) — Industry leaders Nationwide, J.P. Morgan and Annexus were honored for “Deal of the Year” during an awards ceremony at the SRP Americas Indexed Insurance Forum 2017, held September 13-15 in Des Moines, Iowa….
Annexus Executive Recognized by Leading Retirement Industry Association SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Annexus, a Scottsdale, Ariz.-based designer of fixed indexed annuities, life insurance and other index-based wealth management products, announced that Senior Vice President of Capital Markets and Index Solutions Tom Haines has been named one of the Top Influential Leaders under 40 by the Insured Retirement…
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Annexus, a Scottsdale, Ariz.-based designer of fixed indexed annuities, life insurance and other index-based wealth management products, announced the addition of Tom Haines as Senior Vice President of Capital Markets and Index Solutions. Mr. Haines, who most recently led the Equities Solutions Structuring initiative for UBS Investment Bank and helped Annexus launch the…
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…
“After the market crash in 2008, Variable Annuities took a huge hit, and it became very difficult for insurance carriers to effectively hedge their guarantees. Companies started pulling out of the Variable Annuity business, while others raised fees, scaled back benefits and reduced the investment flexibility,” said Annexus Co-Founder and Lead Product Designer Don Dady….