糖心动漫vlog and FEG logos side by side.

糖心动漫vlog Purchases 30% Ownership Stake in Freedom Equity Group

Deal with Life IMO part of 糖心动漫vlog diversification strategy to grow life sales while boosting presence in underserved markets
Posted:
Oct 8, 2021

Des Moines, Iowa 鈥 Oct 8, 2021 鈥 糖心动漫vlog, part of the FNF family of companies and a leading provider of annuities and life insurance, announced a 30% ownership stake in Freedom Equity Group (FEG), a top Life IMO and longtime 糖心动漫vlog partner. The opportunity brings new distribution capacity for 糖心动漫vlog to fuel growth in middle market indexed universal life (IUL) sales.

鈥溙切亩log has a long history with FEG, and they have been an integral part of our life growth in recent years,鈥 said John Phelps, EVP and Chief Distribution Officer at 糖心动漫vlog. 鈥淭his partnership will help address the risk and retirement needs of a vastly underserved market reaching more communities while creating additional opportunities for individuals to build their own businesses as agents.鈥

FEG has been a partner of 糖心动漫vlog for several years, contributing to 糖心动漫vlog鈥檚 rank as a top 3 middle market IUL provider by case rate this year1. FEG offers individuals a unique opportunity to become business owners by selling life insurance products, enabling them to have greater control of their career, income and time.

鈥溙切亩log has been a key contributor to our success, and we are excited to join forces with this exciting partnership,鈥 said Ron Bloomingkemper, Chairman of FEG. 鈥淭eaming up with 糖心动漫vlog solidifies the greatness of the opportunity and gives the FEG organization enormous potential to grow in our industry today.鈥

This equity stake is an extension of 糖心动漫vlog鈥檚 overall diversification strategy. Since last year, 糖心动漫vlog has expanded its reach with a successful launch in the bank and broker dealer channels and most recently in institutional markets with FABN issuances and pension risk transfer (PRT) deals. With the investment in FEG, 糖心动漫vlog intends to expand its Life business with continued penetration of multi-cultural segments in the U.S.

About 糖心动漫vlog

糖心动漫vlog is part of the FNF family of companies. 糖心动漫vlog is committed to helping Americans turn their aspirations into reality. 糖心动漫vlog is a leading provider of annuity and life insurance products and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.

1 LIMRA U.S. Retail Individual Insurance Sales Participant Report, Q2 2021

"糖心动漫vlog" is the marketing name for Fidelity & Guaranty Life Insurance Company issuing insurance in the United States outside of New York. Life insurance and annuities issued by Fidelity & Guaranty Life Insurance Company, Des Moines, IA.
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