Leading Insurtech Quility Announces Significant Investment from F&G
ASHEVILLE, N.C., Aug. 10, 2023 /PRNewswire/ -- Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility. F&G is a leading provider of insurance solutions serving retail annuity and life insurance customers and institutional clients. The investment is targeted at accelerating deployment of Quility's advanced technology, automation, and leads platforms – removing barriers to make life insurance more accessible for agents and clients alike.
- ASHEVILLE, N.C., Aug. 10, 2023 /PRNewswire/ -- Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility.
- F&G is a leading provider of insurance solutions serving retail annuity and life insurance customers and institutional clients.
- The investment will also enable Quility to further expand its sales channels through its Symmetry Financial Group, Quility B2B (including wholesale and affinity), and direct to consumer (DTC) distribution networks.
- "F&G's investment will expedite the innovative technology that has become synonymous with the Quility brand," said Brandon Ellison, co-founder and CEO of Quility.