INDIANAPOLIS, IN — Global Atlantic Financial Group, a leading U.S.-focused retirement, life insurance and reinsurance company, enters 2017 with the annuity industry’s first unified distribution organization. Effective January 1, 2017, the product-specific teams come together to offer advisors simplified access to the industry’s most comprehensive annuity platform with options designed to address the individual needs of their clients.
Global Atlantic is uniquely positioned to help advisors assist their clients with the flexibility of a complete multi-product line-up that includes fixed, fixed index, variable and immediate/deferred income annuities, as well as a hybrid fixed annuity with long-term care benefits.
“This alignment provides our distribution partners with a single point of contact for all of our product offerings, simplifying sales interactions and allowing us to focus on the customer’s need,” said Paula Nelson, Head of Retirement Distribution for Global Atlantic. “Our unified distribution is leading the way as the industry adapts to a changing environment.”
Traditionally industry wholesalers have lead with a single product and then adapted its application to the client’s needs. Global Atlantic’s distribution is designed to partner with advisors to first determine an appropriate retirement strategy based on the client’s objectives before educating on the range of products that would be most appropriate.
“We want Global Atlantic to be the partner that helps advisors recognize and overcome their clients’ retirement challenges,” said Jason Bickler, National Sales Manager. “With our entire annuity platform at their disposal, our wholesalers can educate advisors on the various roles different annuities can play to help meet unique retirement needs.”
Global Atlantic distributes annuities through national and regional firms, banks and independent broker-dealers across the United States. Annuities are issued by Forethought Life Insurance Company, an Indianapolis-based subsidiary. Variable annuities are underwritten and distributed by Global Atlantic Distributors, LLC.
About Global Atlantic
Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs.
Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in 2013. Its success is driven by a unique heritage that combines deep product and distribution knowledge with insightful investment and risk management, alongside a strong financial foundation.