Global Atlantic Subsidiary Only Preneed Insurer Named to Ward’s 50® List of Top Life Companies for Nine Consecutive Years
INDIANAPOLIS--(BUSINESS WIRE)--Aug 7, 2018--Global Atlantic Financial Group ’s Forethought Life Insurance Company subsidiary has been named by Ward’s 50 ® as a top life and health insurance company for the ninth consecutive year. No other preneed carrier has been named to the list each of the last nine years. The Ward Group is an Aon Hewitt company and the leading provider of benchmarking and best practice services for insurance companies.
“We are proud to be the only preneed provider recognized by Ward’s 50 ® for nine years straight,” said Dave Wilken, President, Life, Global Atlantic Financial Group. “This honor is testament to our consistent strategy, financial strength and performance, as well as the hard work and commitment to excellence of our high-caliber employees, year after year.”
In naming the recipients annually, Ward Group adheres to an objective methodology based on financial and performance metrics analyzing more than 700 companies during five consecutive years (2013-2017). Insurance companies are evaluated and must pass minimum thresholds of assets and return levels, among other metrics, to be considered for the Ward’s 50 ® designation.
Each of the top fifty companies is awarded the Ward’s 50 ® Seal. Each company listed has also passed all safety and consistency screens and achieved superior performance over the five years analyzed.
Ward Group has conducted the Ward’s 50 ® analysis since 1991. It is a financial analysis of the insurance industry based on publicly available data and conducted independently of the Ward Group annual benchmarking programs.
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. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.
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 capabilities, alongside a strong financial foundation.
Annuities are issued by Forethought Life Insurance Company, 300 North Meridian Street, Suite 1800, Indianapolis, Indiana. Variable annuities are underwritten and distributed by Global Atlantic Distributors, LLC.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations.
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CONTACT: Global Atlantic Financial Group
Stephanie Lowenthal, 917-438-9868
KEYWORD: UNITED STATES NORTH AMERICA INDIANA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE
SOURCE: Global Atlantic Financial Group
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PUB: 08/07/2018 09:00 AM/DISC: 08/07/2018 09:01 AM