June 25, 2024 Newswires

Securian Financial launches surplus lines insurance company

Business Wire

ST. PAUL, Minn.--(BUSINESS WIRE)--
Securian Financial has launched Securian Specialty Lines, Inc., a new surplus lines insurance company, to provide additional innovative insurance solutions to financial institutions and associations. AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Securian Specialty Lines.

“For decades, we have been a go-to provider of protection solutions for financial institutions and associations. We are excited to use the new capabilities available through Securian Specialty Lines to bring even more innovative solutions to our clients and their customers in these markets,” said David Seidel, Securian Financial’s U.S. head of Affinity Solutions. “Securian Financial continuously seeks additional ways to address our clients’ evolving needs by providing cost-effective solutions that both manage their risk and offer new products to their customers.”

Financial institutions, associations and distributors interested in learning more can find a Securian Financial sales professional to talk to in their region at https://www.securian.com/contact-us/financial-institution-contact-form.html.

A go-to provider for financial institutions and associations

Securian Financial’s Affinity Solutions business is a go-to provider of insurance and other protection products to more than 6,000 financial institutions and associations in the United States and Canada. Securian Financial offers a diverse portfolio of specialty property & casualty, life, accident and supplemental health product options—all backed by customized solutions and exceptional service.

ABOUT SECURIAN FINANCIAL

To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries.

Insurance products are issued by Minnesota Life Insurance Company or Securian Life Insurance Company, a New York authorized insurer. Minnesota Life is not an authorized New York insurer and does not do insurance business in New York. Both companies are headquartered in Saint Paul, MN. Property and casualty insurance products are issued by Securian Casualty Company, a New York authorized insurer. Surplus lines insurance products are issued by Securian Specialty Lines, Inc. and are only available through a licensed surplus lines broker. Securian Specialty Lines, Inc. is not an eligible surplus lines insurer in California or New York and does not do business in California or New York. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.