LIFE INSURANCE

Great American Life Insurance Company and JourneyGuide have Announced a Strategic Partnership

JourneyGuide, Great American Life Insurance Company | April 12, 2021

JourneyGuide announces a strategic partnership with Great American Life Insurance Company® to directly model some annuity products in JourneyGuide's retirement planning software.

JourneyGuide, Inc., an innovative retirement income planning software provider for financial advisors, confirmed that it has started modeling the following options directly in its software from Great American Life Insurance Company®, a leading annuity provider:

• American Legend® 7

• Index Frontier® 5

• Index Protector 5 MVA℠

• Index Protector℠ 7

• Index Summit 6® (coming soon)

The partnership between JourneyGuide and Great American Life allows for greater accuracy in the modeling of its income annuities. Besides, JourneyGuide will now model Great American Life's accumulation annuities, like the Index Frontier 5, the company's flagship registered index-linked annuity. These enhancements enhance the annuity options available to all JourneyGuide advisors.

“JourneyGuide is delighted to be partnering with Great American Life, a highly rated and innovative carrier with decades of experience,” said Gary Moorman, JourneyGuide's Head of Business Development & Sales. “We aim to provide our advisors with solutions that support their clients' retirement plans, and we are confident that Great American Life annuities will help us achieve that goal.”

“We are pleased to offer our growth and protection solutions within this dynamic platform,” said Joe Maringer, Senior Vice President and National Sales Manager of Great American Life. “It is extremely valuable for financial advisors and their clients to be able to see the benefits that insurance will bring to a portfolio. We are pleased to collaborate with JourneyGuide to provide thousands of advisors with access to our annuity solutions, which will further simplify retirement and income planning needs.”

About JourneyGuide, Inc.
JourneyGuide assists advisors in enhancing retirement outcomes for millions of people who, rightly, are concerned about outliving their retirement assets. The software, which was developed with annuity sales in mind, provides an interactive retirement planning experience for advisors and clients to complete together. JourneyGuide enhances advisor efficiency and client awareness and control of their retirement plan, resulting in peace of mind.

About Great American Life Insurance Company
Great American Life Insurance Company®, a member of Great American Insurance Group (GAIG), assists in the simplification of the path to financial stability by offering traditional fixed, fixed-indexed, and registered index-linked annuities in the retail, broker-dealer, financial institution, and registered investment advisor markets. GAIG's members are American Financial Group, Inc. subsidiaries (AFG). The symbol AFG is used to identify and sell AFG common stock on the New York Stock Exchange.

Spotlight

Are you aware of the impact that voluntary employee benefits can have on your workforce? If not, you're missing out on a powerful tool that can help you attract and retain top talent. In this video, we explore the world of voluntary employee benefits and how they can benefit your organization.

Discover the hidden benefits of voluntary employee benefits that will help you take your organization to the next level. In this video, we'll explore the various benefits of voluntary employee benefits and how they can impact your workforce.

We'll cover things you need to know about voluntary employee benefits, including some of the types of benefits available, the impact they can have on your employees' lives, and the benefits they can bring to your organization as a whole.

Spotlight

Are you aware of the impact that voluntary employee benefits can have on your workforce? If not, you're missing out on a powerful tool that can help you attract and retain top talent. In this video, we explore the world of voluntary employee benefits and how they can benefit your organization.

Discover the hidden benefits of voluntary employee benefits that will help you take your organization to the next level. In this video, we'll explore the various benefits of voluntary employee benefits and how they can impact your workforce.

We'll cover things you need to know about voluntary employee benefits, including some of the types of benefits available, the impact they can have on your employees' lives, and the benefits they can bring to your organization as a whole.

Related News

CORE INSURANCE, INSURANCE TECHNOLOGY

Inszone Insurance Services Completes Acquisition of Larry Fu Insurance Agency

Businesswire | March 17, 2023

Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Larry Fu Insurance Agency, Inc. The addition of Larry Fu Insurance Agency to the Inszone Insurance team is a strategic move that brings together two trusted insurance providers with a shared commitment to exceptional customer service. Founded in 1979, Larry Fu Insurance Agency has built a strong reputation as a family-owned and operated business, providing exceptional service to its clients for over 40 years. Larry and Shirley Fu started their business from the ground up, and their dedication and hard work have earned them a loyal clientele from all over the Bay Area and Southern California. "Larry Fu Insurance Agency has a long-standing reputation for exceptional customer service and market expertise, making them a perfect fit for Inszone Insurance," said Chris Walters, CEO of Inszone Insurance Services. "Their values align with ours, and we are excited to welcome the Larry Fu Insurance team to the Inszone Insurance family." As part of the acquisition, clients of Larry Fu Insurance Agency can expect to receive the same exceptional service and care they have come to expect from Larry Fu Insurance Agency, now under the Inszone Insurance brand. This acquisition is just one of many that Inszone Insurance Services plans to make as it continues to expand its national footprint and serve clients with exceptional insurance placement capabilities and personalized service. About Inszone Insurance Services Founded in 2002 and headquartered in Sacramento, California, Inszone is a full-service insurance brokerage firm that provides a broad array of property & casualty insurance, along with employee benefits solutions. With a strong, experienced management team, Inszone continues to grow organically, as well as through acquisitions. With 40 locations across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois, the company is looking to further expand throughout the United States.

Read More

CORE INSURANCE, RISK MANAGEMENT

HawkSoft and CoverRight Announce Partnership to Introduce New Revenue Opportunities for P&C Agencies

PRnewswire | March 31, 2023

HawkSoft announces that CoverRight is now participating in its Solution Partner program. CoverRight.com is a digital-first concierge platform designed to empower retirees and their families to easily learn about and navigate Medicare health insurance online. The US-based insurtech collaborates with experienced Insurance, Banking, and Healthcare Provider partners nationwide to create new revenue opportunities through a digitally-driven and personalized Medicare navigation and enrollment experience for their clients. HawkSoft is a leading agency management system for independent insurance agencies that serve communities throughout the US. Given the uncertain economic landscape, many independent agencies are seeking options to capture missed revenue opportunities and protect retention rates in 2023. Adding CoverRight as a Solution Partner will provide Property & Casualty (P&C) focused agencies an option to generate new revenue at no additional cost. America's workforce continues to age with over 10,000 Americans retiring each day, affecting more personal lines clients than insurance agencies may realize. In fact, 1 in 5 Americans is a silent caregiver and may have to make complex Medicare decisions on behalf of an aging parent. Instinctively, clients turn to trusted channels such as personal insurance, banking, or healthcare providers for advice when transitioning to Medicare but require the additional expert help that CoverRight provides. CoverRight's digital-first concierge-style platform has helped over 14,000 Americans learn about Medicare and offers its partners clients a dedicated licensed Medicare advisor end-to-end – 100% free. "HawkSoft is built by industry veterans who are exceptionally positioned to understand and help deliver what agencies will require to thrive on an evolving basis," said Karan Narang, Head of Partnerships at CoverRight. "As a Solutions Partner, CoverRight uniquely offers HawkSoft agencies the ability to cultivate a new revenue stream from their existing client portfolios while driving value back to their business. We're excited to grow our alliance with HawkSoft and help enable P&C focused agencies to capture missed opportunities with Medicare." "Our customers often describe their jobs as 'protecting their community,' which is not limited to just covering their insureds' P&C risks," says Rushang Shah, VP of Marketing at HawkSoft. "They are resources in their communities, offering advice and guidance through some of the hardest situations a person will encounter. CoverRight feels like a natural fit for our efforts to support that pillar position agents find themselves in." About HawkSoft Since 1995, HawkSoft is a leader in management systems for independent insurance agencies that want effective workflows and a delightful experience for staff and policyholders. Created by independent agents, HawkSoft continues to evolve as a cutting-edge system that powers thousands of agencies. HawkSoft offers the following promise to insurance agents: your investment in HawkSoft will pay for itself in the first year. Learn more about HawkSoft's story at www.hawksoft.com/story. About CoverRight CoverRight.com is the first digital concierge platform designed to empower retirees and their families to easily learn about and navigate Medicare online. The company collaborates with experienced Insurance, Banking, and Healthcare Provider partners nationwide to create a digitally-driven and personalized Medicare enrollment experience for eligible clients. The CoverRight platform pairs technology with human support to simplify a traditionally confusing and complex decision by delivering a concierge-style experience that provides consumers with a delightful and comprehensive Medicare plan selection and enrollment experience. The company's vision is to become the go-to retirement concierge platform to help retirees manage and navigate health and finance in retirement.

Read More

WORKERS COMPENSATION, LIFE INSURANCE

New Colonial Life Cloud Platform Simplifies Benefits for Busy HR Leaders

PRnewswire | May 02, 2023

Leading voluntary benefits provider Colonial Life has launched Gathr, a cloud platform to transform the way small businesses deliver benefits and address common human resources needs. Gathr enhances and elevates benefits enrollment, administration, and HR experience so employers and their brokers can save time and focus on what matters most. Gathr combines Colonial Life's proprietary and market proven technology to help workers sign up for medical, voluntary and group benefits, in a secure digital experience. "Gathr provides an intuitive benefits and HR experience for small and medium-sized businesses," says Tim Arnold, president and chief executive officer of Colonial Life. "Leveraging Gathr eliminates the need to coordinate with each carrier, which saves time and simplifies open enrollment for companies, their employees and our broker partners." Gathr provides these flexible, digital solutions: Benefits Enrollment: Centralized portal for open enrollment; custom enrollment communications and easy-to-understand educational materials Benefits Counseling: Delivers 1-to-1 benefits; available in person, virtually, over the phone, or with a hybrid approach Digital Documents & Workflows: Digitally sign, complete, and track all benefits and HR documents Compliance: Centralized recordkeeping helps businesses maintain compliance with the most recent ACA, ERISA, COBRA, HSA, and FSA regulations Premium Add-on Features –Time tracking, paid time off, performance management, and custom workflows can be added to help businesses manage their HR needs as they scale up About Colonial Life Colonial Life & Accident Insurance Company, a subsidiary of Unum Group, provides financial protection benefits to America's workers and their families when the unexpected happens. The company offers workplace benefits, including disability, life, accident, dental, cancer, critical illness and hospital confinement indemnity insurance. Colonial Life's benefit services, education and innovative enrollment technology supports over 87,000 businesses and 4 million workers. In 2022, Colonial Life paid more than $700 million in benefits to policyholders.

Read More