An Independent Life

INDEPENDENT LIFE RECOGNIZED FOR FAST ANNUITY PREMIUM GROWTH

Retrieved on: 
Wednesday, June 21, 2023

JACKSONVILLE, Fla., June 21, 2023 /PRNewswire/ -- Independent Life Insurance Company was recognized by Life Annuity Specialist - https://www.lifeannuityspecialist.com/ , an online industry news service, for increasing its annuity premium by 248% to $78 million in the 2023 First Quarter.

Key Points: 
  • JACKSONVILLE, Fla., June 21, 2023 /PRNewswire/ -- Independent Life Insurance Company was recognized by Life Annuity Specialist - https://www.lifeannuityspecialist.com/ , an online industry news service, for increasing its annuity premium by 248% to $78 million in the 2023 First Quarter.
  • In Life Annuity Specialist's June 15 article, "The 20 Fastest-Growing Smaller Annuity Issuers in the First Quarter," the publication analyzed annuity issuers with direct premiums and annuity considerations ranging from $20 million to $500 million.
  • The Life Annuity Specialist article highlighted the success of iStructure, Independent Life's index-linked structured settlement annuity, as an important factor in the firm's growth.
  • Founded in 2018 by insurance industry experts, Independent Life Insurance Company is the underwriting division of Independent Group, a forward-thinking enterprise whose complementary product and service companies improve outcomes for all structured settlement stakeholders.

INDEPENDENT LIFE APPOINTS GEORGE LUECKE AS CHIEF OPERATIONS OFFICER

Retrieved on: 
Tuesday, June 20, 2023

JACKSONVILLE, Fla., June 19, 2023 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today the appointment of George Luecke as Chief Operating Officer ("COO").

Key Points: 
  • JACKSONVILLE, Fla., June 19, 2023 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today the appointment of George Luecke as Chief Operating Officer ("COO").
  • Luecke will continue to serve as President & Chief Strategy Officer of Independent Insurance Group, LLC ("Independent Group"), Independent Life's parent.
  • As Independent Life COO, he will report to James Atkins, Independent Life's Chief Executive Officer, and will continue to report to Michael Upchurch, Independent Group's Chairman and Chief Executive Officer, in his group roles.
  • Prior to beginning to work with Independent Group in 2019, he served as an executive at long-established insurance companies such as MetLife in addition to entrepreneurial start-ups.

INDEPENDENT GROUP HIRES DAVID ADAMS AS CO-CHIEF INVESTMENT OFFICER

Retrieved on: 
Monday, June 5, 2023

JACKSONVILLE, Fla., June 5, 2023 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today the hiring of David Adams as Co-Chief Investment Officer and Vice Chair of the firm's Investment Committee.

Key Points: 
  • JACKSONVILLE, Fla., June 5, 2023 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today the hiring of David Adams as Co-Chief Investment Officer and Vice Chair of the firm's Investment Committee.
  • He will report to Donald Herrema, who will now serve as Co-Chief Investment Officer with David.
  • David will be an officer of both Independent Group and Independent Life.
  • In his new role, Adams will be involved with the coordination of all investment functions for Independent Group and Independent Life, providing hands-on management, oversight and guidance to ensure the investment functions are conducted in compliance with investment guidelines as well as rating agency, regulatory and reinsurance requirements.

Independent Insurance Group Announces Milestone Mark of $100 Million Sold in iStructure--The First Uncapped Index-linked Structured Settlement Annuity Linked to the Franklin BofA World Index™

Retrieved on: 
Thursday, November 24, 2022

JACKSONVILLE, Fla., Nov. 23, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life") crossed the milestone mark of $100 million in committed sales of iStructure, the first uncapped index-linked structured settlement annuity. Independent Life has secured the committed sales for the product predominantly from plaintiff settlement recoveries, attorney fee deferrals, and installment sales of real estate and businesses.

Key Points: 
  • JACKSONVILLE, Fla., Nov. 23, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life") crossed the milestone mark of $100 million in committed sales of iStructure, the first uncapped index-linked structured settlement annuity.
  • The underlying annuity contract is linked to the Franklin BofA World Index, which is powered by the quantitative insights of Franklin Templeton and Bank of America.
  • The volatility-controlled index is designed to capture long-term growth by systematically allocating to companies around the world with the potential for high profitability.
  • Founded by insurance industry experts, Independent Group is a forward-thinking enterprise whose complementary product and service companies improve outcomes for all structured settlement stakeholders.

Hit Trial Lawyer Podcast Settlement Nation Celebrates 20,000th Download

Retrieved on: 
Wednesday, August 17, 2022

JACKSONVILLE, Fla., Aug. 17, 2022 /PRNewswire/ --Independent Life, the only plaintiff-focused structured settlement provider, is quickly rising to the top of trial lawyer playlists, with their hit podcast Settlement Nation ( http://www.settlementnation.com ).

Key Points: 
  • JACKSONVILLE, Fla., Aug. 17, 2022 /PRNewswire/ --Independent Life, the only plaintiff-focused structured settlement provider, is quickly rising to the top of trial lawyer playlists, with their hit podcast Settlement Nation ( http://www.settlementnation.com ).
  • "My background is in digital media production, so developing a podcast was always something that I've had my eye on, and the trial lawyer niche provided the perfect opportunity to launch Settlement Nation," Barber said.
  • Settlement Nation is routinely in the Top 5 trial lawyer podcasts and continues to gain more attentionwithin the industry.
  • To subscribe to the podcast, search Settlement Nation in your preferred podcast platform.

Independent Group Announces Successful Launch of iStructure, linked to the Franklin BofA World Index™

Retrieved on: 
Monday, May 23, 2022

JACKSONVILLE, Fla., May 23, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life"), has successfully launched iStructure, the first uncapped index-linked structured settlement annuity.

Key Points: 
  • JACKSONVILLE, Fla., May 23, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life"), has successfully launched iStructure, the first uncapped index-linked structured settlement annuity.
  • "iStructure has proven to be successful in helping to improve the lives and needs of our payees and distribution partners," said James Atkins, FSA, MAAA, Chief Executive Officer of Independent Life.
  • The annuity will be linked to the Franklin BofA World Index, powered by the quantitative insights of Franklin Templeton and Bank of America, with the objective of capturing long-term growth by systematically investing in a volatility-controlled equity index of companies around the world.
  • The Franklin BofA World Index (the "Index") has been created and is owned by BofA Securities, Inc. and its affiliates (collectively, "BofAS") based in part on an index licensed to BofAS from Franklin Templeton Companies, LLC ("Franklin") (collectively with BofAS, the "Licensors").

Independent Group Announces Key New Hires

Retrieved on: 
Wednesday, January 12, 2022

JACKSONVILLE, Fla., Jan. 12, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today the hiring of Troy Christensen as Senior Vice President, Head of Risk & Compliance, as well as other key roles.

Key Points: 
  • JACKSONVILLE, Fla., Jan. 12, 2022 /PRNewswire/ -- Independent Insurance Group, LLC ("Independent Group") announced today the hiring of Troy Christensen as Senior Vice President, Head of Risk & Compliance, as well as other key roles.
  • He will report to Luecke and will oversee all aspects of risk and compliance for Independent Group and its subsidiaries.
  • "This is an exciting time for the industry, and I am thrilled to join the visionary team at Independent Group," said Troy.
  • It's a great example of the innovation occurring at Independent Group, and I look forward to being a part of it."

Independent Insurance Group Introduces iStructure -- the First Uncapped Index-linked Structured Settlement Annuity linked to the Franklin BofA World Index™

Retrieved on: 
Wednesday, December 15, 2021

JACKSONVILLE, Fla., Dec. 15, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life") is introducing iStructure, the first uncapped index-linked structured settlement annuity.

Key Points: 
  • JACKSONVILLE, Fla., Dec. 15, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today that its life and annuity subsidiary, Independent Life Insurance Company ("Independent Life") is introducing iStructure, the first uncapped index-linked structured settlement annuity.
  • Independent Life is introducing iStructure, the first uncapped index-linked structured settlement annuity.
  • iStructure can be used for a variety of situations including personal injury cases, structured attorney fees, structured installment sales and taxable settlements.
  • Founded by insurance industry experts,Independent Group is a forward-thinking enterprise whosecomplementary product and service companiesimprove outcomes for all structured settlement stakeholders.

Independent Group Announces Key New Hires

Retrieved on: 
Monday, November 15, 2021

JACKSONVILLE, Fla., Nov. 15, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today two new hires.

Key Points: 
  • JACKSONVILLE, Fla., Nov. 15, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today two new hires.
  • Nancy Robertson has joined Independent Life Insurance Company as Vice President, Policy Administration, and Shannon Marconi has joined Independent Group as Assistant Vice President, Finance & Accounting.
  • Independent Insurances Group announces key new hires.
  • "We are thrilled to welcome Nancy and Shannon to our growing team," said George Luecke, President and Chief Strategy Officer of Independent Group.