nschmitt@ubsnet.com

See full report here.

In addition to Victoria Simon, New Business Manager, congratulations to Heather Guzik, Karie Ratkovich, Theresa Reinecker and Jeanette Barber-Jacobs!The NAILBA Certified Case Manager (NCCM) credential is the marker of a committed case management professional who has demonstrated the wide range of knowledge essential to managing life insurance cases in today’s challenging insurance environment.By choosing Underwriters […]

As we have discussed, the SECURE Act had a significant impact on clients’ retirement accounts and strategies. For clients whose retirement accounts feature heavily in their overall estate and legacy planning, this impact is only heightened. For many advisors, the natural response to the SECURE Act is to suggest Roth conversions for clients with sizeable […]

On January 31, 2022, Principal Financial Group, Inc. (PFG) entered into an agreement with an affiliate of Sixth Street Partners (SSP) and its insurance platform Talcott Resolution (Talcott), to reinsure a total of $25 billion in policy reserves (and accompanying investments), which relate to fixed annuities and universal life insurance with secondary guarantees. See the detailed […]

 New SwiftTermSM pricing continues to bring the heatWe’re excited to announce that we’ve updated our SwiftTerm pricing! For coverage amounts of $500,000 and above, Symetra SwiftTerm maintains its top competitive position (PDF) for non-nicotine rate classes.1 Our new rates will be available starting  January 28, 2022. See our important dates and transition rules below:January 28, […]

From Principal, January 31, 2022:Earlier today, Principal® announced a reinsurance transaction for our universal life insurance with secondary guarantee (ULSG) and in-force U.S. retail fixed annuity blocks. We initially shared our intention to exit these markets in June 2021 following a strategic review of our portfolio.As a part of this agreement, Principal will retain the […]

 Underwriters Brokerage Service is pleased to announce the promotion of Victoria Simon, NCCM, from Lead Case Manager to New Business Manager.  In this new role, Victoria will be responsible for management, training and oversight of the New Business Team.  She will also work closely with insurance carriers and the LIBRA operations team to ensure that […]

Read full announcement here.

Beginning January 3, 2022, Cincinnati Life will no longer be issuing paper policies for any reason. All policies will be issued using the e-Delivery process.