Philadelphia Financial Group Selected by M Financial Group for Private Placement Insurance Solutions
September 01, 2015
PHILADELPHIA, PA – September 1, 2015 – Philadelphia Financial Life Assurance Company (“Philadelphia Financial”) today announced its selection by M Financial Group (“M Financial”) to serve as a specialty carrier, which will give M Financial’s Member Firms access to Philadelphia Financial’s private placement insurance products. Philadelphia Financial offers Variable Universal Life Insurance and Variable Annuity solutions through its U.S. domiciled and Bermuda domiciled carriers.
“M Financial’s Member Firms are among the most successful and innovative financial firms. We are proud to enter this specialty relationship focused on addressing the complexities associated with the globalization of family wealth. Pairing our product offerings with M Member Firms’ capabilities and expertise is a tremendous opportunity for both of our organizations,” said Ken Kilbane, Executive Vice President of Philadelphia Financial.
Curt Rynties, Vice President, Partner Relationships, for M Financial, added “The dynamic needs of the global citizen continue to evolve and Philadelphia Financial holds a strong position and product offerings in the international space. Through this relationship, M Financial’s Member Firms now have access to a leading global provider of insurance-based solutions for the high and ultra-high-net worth market.”
For more information on M Financial Group, please visit www.mfin.com.
About Philadelphia Financial
Philadelphia Financial, headquartered in Philadelphia, Pennsylvania, is a global specialty insurer and administration company. The firm provides insurance solutions to advisors of high-net-worth individuals and institutions and is a leader in strategic insurance. Philadelphia Financial has significant experience in the complex regulatory issues applicable to this unique product class for high net worth and institutional investors. For more information about Philadelphia Financial, please visit www.philadelphiafinancial.com.
About M Financial Group
With more than 140 Member Firms in 37 states, the United Kingdom, and the United Arab Emirates, M Financial Group (www.mfin.com) is one of the nation’s leading financial services design and distribution companies. Since 1978, M Financial’s network of independent insurance, investment, and executive benefit firms has served the needs of ultra-affluent individuals, corporate executives, successful entrepreneurs, and Fortune 1000 companies.
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