{"id":7588,"date":"2010-10-18T13:08:54","date_gmt":"2010-10-18T18:08:54","guid":{"rendered":"http:\/\/www.annuityfyi.com\/blog\/?p=356"},"modified":"2023-02-15T03:10:29","modified_gmt":"2023-02-15T03:10:29","slug":"phoenix-collaborates-for-equity-indexed-annuities","status":"publish","type":"post","link":"https:\/\/www.annuityfyi.com\/blog\/2010\/10\/phoenix-collaborates-for-equity-indexed-annuities\/","title":{"rendered":"Phoenix Collaborates for Equity Indexed Annuities"},"content":{"rendered":"<p>According to <em>Insurance News Net&#8217;s <\/em>article &#8220;Phoenix Cos. Forms Alliance for Indexed Annuities, Continues to Seek New Distribution Channels,&#8221; the Connecticut based company is looking to sell their products through many new channels.&nbsp; They are now collaborating with AltiSure Group, an annuity company that also designs and distributes life insurance.&nbsp; The companies will work together in developing <a title=\"equity indexed annuities\" href=\"https:\/\/www.annuityfyi.com\/fixed-indexed-annuities\/\" target=\"_blank\" rel=\"noopener\">equity indexed annuities<\/a> and life insurance in hopes to bring them to a much greater number of consumers.&nbsp; Independent marketing organizations distribute Altisure&#8217;s products.&nbsp; All combined in 2009, they had $4 billion of annuity premiums sold.<\/p>\n<p>James D. Wehr took over as President and CEO at Phoenix in May 2009.&nbsp; He has been working to increase the company&#8217;s financial strength ratings by opening new distribution channels like this partnership and coming out with some alternative products for generating retirement income.&nbsp; They began private labeling their products, so that Phoenix became the private label manufacturer with a different financial institution actually putting their name on Phoenix&#8217;s products.&nbsp; Their A.M. Best financial rating increased last week from a B+ (Good) to an A- (Excellent).&nbsp; Their outlook was also listed as stable.&nbsp; As <a title=\"fixed annuity rates\" href=\"https:\/\/www.annuityfyi.com\/fixed-annuities\/\" target=\"_blank\" rel=\"noopener\">fixed annuity rates<\/a> remain fragile, Phoenix looks to their equity indexed annuities and other annuity products to help customers gain the retirement income that they need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Insurance News Net&#8217;s article &#8220;Phoenix Cos. Forms Alliance for Indexed Annuities, Continues to Seek New Distribution Channels,&#8221; the Connecticut based company is looking to sell their products through many new channels.&nbsp; They are now collaborating with AltiSure Group, an annuity company that also &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Phoenix Collaborates for Equity Indexed Annuities\" class=\"read-more button\" href=\"https:\/\/www.annuityfyi.com\/blog\/2010\/10\/phoenix-collaborates-for-equity-indexed-annuities\/#more-7588\" aria-label=\"Read more about Phoenix Collaborates for Equity Indexed Annuities\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[244,55,186,26,332],"tags":[203,151],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7588"}],"collection":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/comments?post=7588"}],"version-history":[{"count":1,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7588\/revisions"}],"predecessor-version":[{"id":26907,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/7588\/revisions\/26907"}],"wp:attachment":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/media?parent=7588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/categories?post=7588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/tags?post=7588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}