National Western Life

National Western Life introduces new 10-year Fixed Indexed Annuity with an optional Guaranteed Minimum Death Benefit Rider, NWL® Capital Solutions

Retrieved on: 
Monday, May 8, 2023

AUSTIN, Texas, May 8, 2023 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® Capital Solutions, a 10-year FIA that includes an optional Guaranteed Minimum Death Benefit Rider (GMDB), exclusive access to the J.P. Morgan Factor FocusSM Index, and seven different index strategy options, including strategies linked to the Dow Jones Industrial Average.

Key Points: 
  • AUSTIN, Texas, May 8, 2023 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® Capital Solutions, a 10-year FIA that includes an optional Guaranteed Minimum Death Benefit Rider (GMDB), exclusive access to the J.P. Morgan Factor FocusSM Index, and seven different index strategy options, including strategies linked to the Dow Jones Industrial Average.
  • As with other recently launched National Western Life products, NWL® Capital Solutions 10-year FIA has an all-electronic product design from sales to policy issue.
  • "With these changes and upcoming new enhancements to our product portfolio, National Western Life is well-positioned to remain competitive in the industry for years to come."
  • The entrance of NWL® Capital Solutions into the marketplace is one more example of how National Western Life continues to meet the unique accumulation, income, and legacy planning needs of clients.

SHARC Energy Celebrates MCAA Student Chapter Competition Showcasing National Western Center

Retrieved on: 
Friday, March 24, 2023

(CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the "Company") would like to applaud the twenty-two Mechanical Contractors Association of America (“MCAA”) student chapters that submitted a mock proposal for the installation of the National Western Center Campus Energy project as part of MCAA Annual Student Chapter Competition .

Key Points: 
  • (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) ("SHARC Energy" or the "Company") would like to applaud the twenty-two Mechanical Contractors Association of America (“MCAA”) student chapters that submitted a mock proposal for the installation of the National Western Center Campus Energy project as part of MCAA Annual Student Chapter Competition .
  • SHARC Energy would like to further celebrate the Final Four and Merit Award winner teams.
  • The National Western Center project is currently the largest operating WET system in North America, a significant milestone for both the industry and SHARC Energy.
  • SHARC Energy wishes the winner teams’ good luck in the Final Four!

ETHDenver’s #BUIDLathon and Community-Owned Innovation Festival Returns in February 2023

Retrieved on: 
Thursday, January 12, 2023

Following #BUIDLWeek, ETHDenver’s main event takes place March 2nd through 5th featuring its #BUIDLathon and Innovation Festival that focuses on education, community, and #BUIDLing.

Key Points: 
  • Following #BUIDLWeek, ETHDenver’s main event takes place March 2nd through 5th featuring its #BUIDLathon and Innovation Festival that focuses on education, community, and #BUIDLing.
  • The Innovation Festival also includes technical workshops, art installations, live music, networking events, an expo area, lounges, and more.
  • Staying true to one of its core values of accessibility, ETHDenver offers free childcare and complimentary food trucks for attendees.
  • Startup founders attending ETHDenver are encouraged to apply for the BuffiTank Pitchfest, where winners may become Bufficorn Ventures portfolio companies.

AM Best to Participate in ACLI’s Senior Investment Managers Seminar

Retrieved on: 
Friday, October 28, 2022

AM Best Senior Director Michael Porcelli will participate in a panel discussion titled, Alternative Investment Paradigms through Reinsurance, during the American Council of Life Insurers (ACLI) upcoming Senior Investment Managers Seminar 2022, which will be held on Nov. 6-9, 2022, at the Westin Mission Hills in Rancho Mirage, CA.

Key Points: 
  • AM Best Senior Director Michael Porcelli will participate in a panel discussion titled, Alternative Investment Paradigms through Reinsurance, during the American Council of Life Insurers (ACLI) upcoming Senior Investment Managers Seminar 2022, which will be held on Nov. 6-9, 2022, at the Westin Mission Hills in Rancho Mirage, CA.
  • The panel will focus on how insurers have utilized a variety of new capital solutions that have relied significantly on investment strategies.
  • ACLI advocates on behalf of its 280 member companies dedicated to providing products and services that promote consumers financial and retirement security.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of National Western Life Group, Inc. and Its Subsidiaries

Retrieved on: 
Tuesday, August 30, 2022

Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of a- (Excellent) of Ozark National Life Insurance Company (Ozark) (Kansas City, MO).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of a- (Excellent) of Ozark National Life Insurance Company (Ozark) (Kansas City, MO).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

National Western Life introduces newest fixed indexed annuity, NWL® New Frontiers

Retrieved on: 
Wednesday, August 10, 2022

AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWL® New Frontiers, an innovative addition to the Company's product suite. This new fixed indexed annuity exclusively offers access to the J.P. Morgan Factor FocusSM Index, while providing customers with the opportunity to take advantage of market gains and help with accumulation.

Key Points: 
  • Newest FIA offers protection and accumulation, plus access to proprietary J.P. Morgan FactorFocusSMIndex
    AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life) announced the launch of NWLNew Frontiers, an innovative addition to the Company's product suite.
  • This fixed indexed annuity is the second product made available to The Sterling Group and the first developed by the alliance.
  • "The launch of the NWLNew Frontiers annuity is exciting for all involved," said Chad J. Tope, National Western Life's Chief Marketing Officer and Executive Vice President.
  • National Western Life Group, Inc. is the parent organization of National Western Life Insurance Company, which is the parent organization of Ozark National Life Insurance Company, both stock life insurance companies in aggregate offering a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products.

Oceanview Life Names James Ryan Executive Vice President of Marketing

Retrieved on: 
Tuesday, July 19, 2022

Oceanview Life and Annuity Company (Oceanview Life), an insurance company, today announced that James Ryan has been appointed Executive Vice President of Marketing, effective July 11, 2022.

Key Points: 
  • Oceanview Life and Annuity Company (Oceanview Life), an insurance company, today announced that James Ryan has been appointed Executive Vice President of Marketing, effective July 11, 2022.
  • Mr. Ryan will be responsible for Oceanviews marketing function while also playing a key role in business development and relationship management activities.
  • We are excited to welcome Jim to our executive leadership team, said Bill Egan, Chairman and Chief Executive Officer of Oceanview Life and Annuity.
  • Oceanview Life and Annuity Company is an insurer based in Phoenix, Arizona rated A- by AM Best and is a wholly owned subsidiary of Oceanview Holdings Ltd. Oceanview Life provides high-quality retirement products and services to its policyholders and maintains financial protection over the life of their policies.

GPARENCY Secures $81M in CRE Deals, Charges Zero Commission

Retrieved on: 
Monday, July 11, 2022

HOWELL, N.J., July 11, 2022 /PRNewswire/ -- GPARENCY, the nation's premier commission-free commercial mortgage brokerage, recently helped two companies finance three commercial properties totaling over $80 million for unbelievably minimal broker fees. Both companies used GPARENCY's Shop the Deal service, and as members, only had to pay a $4,000 fee for a concierge to underwrite, shop and negotiate the term sheet for each transaction.

Key Points: 
  • As a GPARENCY member, the Axela Group paid $8,000 in broker fees to GPARENCY for both deals.
  • Jennifer is a veteran CRE professional who most recently served as assistant vice president of investments for Austin, Texas-based National Western Life.
  • "We're revolutionizing the CRE so much that we've had to expand to handle the growing volume of deals," said Ira Zlotowitz, founder and CEO of GPARENCY.
  • "With Jennifer's skills and experience, we're better positioned to help other GPs save money while securing CRE financing."

National Western Life and Achaean Financial Holdings Establish Premier Alliance with Plans to Introduce a New Product for Income Solutions

Retrieved on: 
Monday, June 13, 2022

AUSTIN, Texas, June 13, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life), a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI), entered a strategic alliance with Achaean Financial Holdings (Achaean), an intellectual property and product development company, to launch a new and innovative single premium immediate annuity to the financial marketplace.

Key Points: 
  • AUSTIN, Texas, June 13, 2022 /PRNewswire/ -- National Western Life Insurance Company (National Western Life), a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI), entered a strategic alliance with Achaean Financial Holdings (Achaean), an intellectual property and product development company, to launch a new and innovative single premium immediate annuity to the financial marketplace.
  • National Western Life will be the first life insurance company to utilize the Achaean product technology, which because of its novel and pioneering structure, will present new and creative solutions for the financial marketplace.
  • National Western Life recently filed the product with insurance regulators and is planning a 2022 third quarter launch.
  • National Western Life Group, Inc. is the parent organization of National Western Life Insurance Company, which is the parent organization of Ozark National Life Insurance Company, both stock life insurance companies in aggregate offering a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products.

SHARC Energy Grows North American Footprint

Retrieved on: 
Monday, September 20, 2021

Each of these installations highlight the variety of target verticals for SHARC Energys technology and brings increases awareness of SHARC Energy products as reliable, cost-effective and consistent solutions for reducing greenhouse gas emissions and creating fresh water savings.

Key Points: 
  • Each of these installations highlight the variety of target verticals for SHARC Energys technology and brings increases awareness of SHARC Energy products as reliable, cost-effective and consistent solutions for reducing greenhouse gas emissions and creating fresh water savings.
  • Sales in a market like Alberta where natural gas is dominant can prove to be difficult for a clean energy technology like ours, said SHARC Energy CEO Lynn Mueller.
  • With each SHARC Energy installation comes increased momentum and visibility to the viability of wastewater energy recovery systems, says Mr. Mueller.
  • Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA