Delaware Life Begins to Make its FIA Mark
October 5, 2017 by Cyril Tuohy
Last month’s rebranding of Delaware Life Holdings to Group One Thousand One comes in the wake of successful efforts by subsidiary Delaware Life Insurance to boost its distribution network, according to analysts.
Last year Delaware Life Insurance, based in Waltham, Mass., added new IMOs and five new independent broker-dealers (IBD) to its distribution network, according to a report by A.M. Best.
The five IBDs alone added 10,000 independent financial advisors to the company’s distribution platform and Delaware Life’s distribution channels include 14 IMOs and 16 banks, A.M. Best said in a report over the summer.
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