Fidelity and Guaranty Insurance Company ,385 Washington Street(IA) :overview ,Lines Of Business, Reviews, Contacts, Location 

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To achieve financial stability for both you and your loved ones, Fidelity and Guaranty Insurance Company provides a selection of annuities and life insurance plans carefully crafted to deliver this essential assurance.

These options guarantee security in unexpected life situations, enable indirect engagement in the market while guarding against market declines, and create a dependable, anticipated income source.

Established in 1962, Fidelity & Guaranty Life Insurance Company of New York is deeply committed to serving the needs of New York consumers who seek secure life insurance and annuity products that provide safety, protection, accumulation, and income benefits.

Furthermore, they closely collaborate with their distribution partners to craft tailored product solutions that adapt to the constantly evolving market.

Moreover, the company firmly believes that no one possesses a more comprehensive grasp of the safety, accumulation, protection, and income requirements of the U.S. market than these knowledgeable, licensed, and experienced professionals.

Fidelity and Guaranty
Fidelity and Guaranty Insurance Company
source : mma.prnewswire

 

As a result, this cooperative approach results in highly personalized solutions addressing the primary concerns of consumers.

Company history

Established in 1959 under Maryland law, commenced operations in 1960.

Initially focused on individual life insurance and annuities.

Was once a subsidiary of USF&G Company, a Maryland-based property and casualty insurer.

Merged with St. Paul Companies in 1998, becoming an indirect subsidiary.

Further merger with St. Paul Fire and Marine Insurance Company in 1999.

Acquired by Old Mutual plc in 2001, becoming a wholly-owned subsidiary.

Reorganized in 2002 under the Omnia Life Insurance Company, Inc.

Renamed OM Financial Life Insurance Company in 2007.

Challenged SEC’s regulation of fixed indexed annuities in 2009.

Sold life and annuity business to Harbinger Group in 2011.

Returned to the name “Fidelity & Guaranty Life Insurance Company.”

Relocated headquarters to Des Moines, Iowa in 2013.

Launched an initial public offering in 2013.

In 2014, they appointed Chris Littlefield as CEO.

Subsequently, in 2015, they announced the sale to Anbang Insurance, but this sale was later concluded with CF Corp in 2017.

Following this transition, CF Corp was rebranded to FGL Holdings.

In 2019, the company underwent another significant change, rebranding itself from Fidelity & Guaranty Life to F&G.

Further transformation occurred in 2020 when they were acquired by Fidelity National Financial.

Finally, in December 2022, they returned to public trading, marked by a 15% stock issuance.

Lines Of Business

Fidelity and Guaranty Insurance Company is authorized to engage in various lines of insurance, offering a wide spectrum of coverage. If you require further clarification on any of these terms, please consult the provided glossary.

  1. AUTOMOBILE
  2. BOILER AND MACHINERY
  3. BURGLARY
  4. COMMON CARRIER LIABILITY
  5. FIRE
  6. LIABILITY
  7. MARINE
  8. MISCELLANEOUS
  9. PLATE GLASS
  10. SPRINKLER
  11. SURETY
  12. TEAM AND VEHICLE
  13. WORKERS’ COMPENSATION

These lines of business exemplify our commitment to providing diverse insurance solutions tailored to meet your specific needs.

Fidelity and guaranty life insurance reviews

Fidelity & Guaranty Life has garnered favorable feedback regarding its financial strength ratings.

Notably, A.M. Best rates it as “A-” (Excellent), Fitch assigns an “A-” (Strong) rating, Moody’s awards it a “Baa1” (Medium-Grade) rating, and Standard & Poor’s (S&P) rates it as “A-” (Strong).

These assessments collectively reflect the company’s robust financial stability and reliability.

Contacts

  •  https://www.fglife.com/
  •  (888) 513-8797

Location

 801 Grand Ave, Suite 2600

Des Moines, IA 50309

 

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