NAFA Partners with Fellow Industry Leaders for Annuity Awareness Month
Targeted Educational Initiatives Aim to Position Distributors and Producers to Help Increase Annuity Education Nationwide District of Columbia, WA, June 01, 2021 (PR.com) As part of a collaborative effort to help Americans recover from the financial hardships of the ongoing pandemic and create a more secure retirement future, NAFA, the National Association for Fixed Annuities, is leading the charge in bringing National Annuity Awareness Month into the spotlight during the month of June. In addition to hosting and participating in formative educational events for both distributors and annuity professionals, NAFA is engaging with a number of organizations to distribute a toolkit of materials producers can use to help educate consumers nationwide about the features and benefits of annuity products and their role in creating predictable lifetime income.
American Equity Goes Live with Penn River s ProductHub to Improve Product Rules Management
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NEWTON SQ, Pa., March 16, 2021 /PRNewswire/ Penn River Inc. announced today that American Equity Investment Life Insurance Company (American Equity), a leading underwriter of fixed indexed annuities, is in production with Penn River s
ProductHub platform. The implementation is the first step in a comprehensive modernization program focused on the design, implementation and management of product rules utilizing Penn River s state of the art platform.
(PRNewsfoto/Penn River)
ProductHub provides as much as a 30% reduction in time to market, and as much as a 25% reduction in carrier product development costs.
Press release content from Business Wire. The AP news staff was not involved in its creation.
American Equity Rolls out Accumulation Product Enhancements
February 22, 2021 GMT
WEST DES MOINES, Iowa (BUSINESS WIRE) Feb 22, 2021
American Equity Investment Life Insurance Company ®, a leading underwriter of fixed index annuities, announced a series of enhancements to its flagship accumulation product, the AssetShield fixed index annuity. This 5, 7, and 10-year annuity product line now offers new equity and multi-asset index options, as well as the choice to purchase a higher rate on crediting strategies for added growth potential. The new benefits are the latest addition to American Equity’s suite of annuities aimed at helping provide clients safe asset growth choices and the dignity of securing a guaranteed paycheck.
Price action over last quarter: Up 19.98%
Company Description
American Equity Investment Life Holding Co is a financial services company. Its core business is selling fixed-index and fixed-rate annuity products through its subsidiaries, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The company is licensed to sell its products in 50 states and the District of Columbia. Its targeted clients are individuals aged 45-75 who are interested in accumulating tax-deferred savings or creating guaranteed lifetime income.