Articles from Nassau Financial Group

Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced two investments in Insurtech startups, Quorus Inc. and Kadance, Inc., made through its expanded Nassau Reimagine program.

Nassau Financial Group (“Nassau”) today introduced Nassau Athos AnnuitySM, an innovative fixed indexed annuity (“FIA”). This newest addition to Nassau’s product suite is a single premium FIA that offers new patent-pending extendable indexed crediting strategies.1 These crediting strategies combine key features of one-year and multi-year crediting strategies to provide consumers with innovative growth potential and protection, along with additional flexibility and control over their retirement savings.

Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. The program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, have closed on their previously announced strategic partnership after satisfaction of closing conditions.

Nassau Financial Group (“Nassau”) today introduced Nassau Bonus Annuity PlusSM, a bonus fixed indexed annuity designed to give people confidence that they can reach their retirement goals.

Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.

Nassau Financial Group (“Nassau”) announced today that it has closed on a $150 million revolving credit facility and a $100 million term loan credit facility, arranged by RBC Capital Markets. This new agreement includes a refinancing and upsizing of an existing revolving credit facility arranged by RBC Capital Markets in 2022 and a new term loan credit facility.

Nassau Financial Group (“Nassau”) today introduced a new, innovative fixed indexed annuity (“FIA”) to its product portfolio, Nassau Income Accelerator. Nassau’s latest offering is a single premium fixed indexed annuity with flexible guaranteed lifetime income options that help retirees delay, and therefore increase, their Social Security and other retirement benefits.

Nassau Financial Group (“Nassau”) today announced an agreement with LifeYield, a financial technology company specializing in applications that help advisors and independent insurance producers optimize retirement income, maximize Social Security, and minimize tax drag on investments for their clients. This collaboration is intended to help advance the ability of independent producers to create retirement income protection for more Americans through education, emerging retiretech technology, and annuities.

Nassau Financial Group (“Nassau”) today introduced a new bonus fixed indexed annuity (“FIA”) to its product portfolio, Nassau Bonus AnnuitySM. Issued by Nassau Life and Annuity Company, this latest offering is a single premium accumulation-focused fixed indexed annuity with a premium bonus and guaranteed lifetime withdrawal benefit options.

Nassau Financial Group today announced that Christine A. Janofsky joined the company as its new Chief Financial Officer.

Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC. AIC has become a subsidiary of Nassau’s asset management segment, Nassau Asset Management LLC.

Nassau Financial Group, L.P. (“Nassau”) today announced that it has entered into a definitive agreement for its subsidiary, Nassau Life Insurance Company (“NNY”), to acquire Delaware Life Insurance Company of New York (“DLNY”) from Delaware Life Insurance Company (“Delaware Life”). NNY and DLNY are New York-domiciled life insurance companies.