Trending...
- Maryland State Board of Veterinary Medical Examiners Meeting notice
- Maryland: Department Seeks Grant Proposals for its Healthy Soils Competitive Fund
- Maryland Agricultural Commission Meeting Notice
Company Acquires Annuity.com Domain to Build Leading Consumer Marketplace and Empower Financial Professionals
PHOENIX - Marylandian -- Annuity.com, Inc., a newly formed fintech and financial media company set to revolutionize the distribution of annuities, today announced it has closed on a $15.7 million seed funding round and acquired the domain Annuity.com. The company will relaunch Annuity.com as an education-focused consumer marketplace for annuities in the summer of 2024.
Led by CEO Brett Blake, a Harvard MBA with extensive experience leading both private and public companies, Annuity.com, Inc. is poised to disrupt the industry. Blake is best known for his tenure at Beachbody (now BODi), where he pioneered strategies that drove the independent coaching division from $50 million to $975 million in sales. Bruce Jensen, a seasoned financial executive, has joined the company as COO/CFO.
More on Marylandian
"The annuity market is significantly underperforming due to a lack of consumer awareness," said Annuity.com, Inc. CEO, Brett Blake. "Studies show that less than 25% of the population even knows what an annuity is, and just 12.5% own one. With 10,000 Americans retiring daily, annuities must become a mainstream solution for financial security in retirement."
Annuity.com, Inc. will focus on empowering independent agents with innovative tools and resources, enabling them to better serve their clients and expand their businesses. The company's vision is to make annuities more accessible and understandable to consumers, fostering greater financial security for individuals planning their retirements.
"We see a tremendous opportunity in the annuity market, which despite growing 70% since COVID to $385 billion in 2023, we believe should be a $1.5 trillion market in the near future," said Blake. "Annuity.com, Inc. is bringing innovation to this channel because we believe it is the single largest opportunity in finance in the US."
More on Marylandian
"Our team is laser-focused on building a company that delivers exceptional value to both agents and consumers," added Bruce Jensen, COO/CFO. "We believe that by leveraging technology and data, we can create a more efficient and transparent annuity marketplace that benefits everyone involved."
About Annuity.com, Inc.
Annuity.com, Inc. is a newly formed fintech and financial media company dedicated to transforming the annuity distribution landscape. Led by a team of experienced industry professionals and innovators, the company is focused on empowering independent agents, increasing consumer awareness, and making annuities more accessible to individuals seeking financial security in retirement. Annuity.com, Inc. will operate under the Annuity.com, Inc. name and be known as Annuity.com Insurance Marketing in some states.
Led by CEO Brett Blake, a Harvard MBA with extensive experience leading both private and public companies, Annuity.com, Inc. is poised to disrupt the industry. Blake is best known for his tenure at Beachbody (now BODi), where he pioneered strategies that drove the independent coaching division from $50 million to $975 million in sales. Bruce Jensen, a seasoned financial executive, has joined the company as COO/CFO.
More on Marylandian
- Shape the Future of OpenSSL: Election Period Open Now!
- LIB Empowers Uzbekistan's Automotive Industry: A New Era of Quality Assurance
- TijaraIQ.com Launches as Iraq's Free Marketplace for Buying, Selling, and Creating Opportunities
- Big News!! Best Sac Homes Group Partners with LPT Realty
- Juventix Regenerative Medical PRP Highlighted in University-Published Research Study
"The annuity market is significantly underperforming due to a lack of consumer awareness," said Annuity.com, Inc. CEO, Brett Blake. "Studies show that less than 25% of the population even knows what an annuity is, and just 12.5% own one. With 10,000 Americans retiring daily, annuities must become a mainstream solution for financial security in retirement."
Annuity.com, Inc. will focus on empowering independent agents with innovative tools and resources, enabling them to better serve their clients and expand their businesses. The company's vision is to make annuities more accessible and understandable to consumers, fostering greater financial security for individuals planning their retirements.
"We see a tremendous opportunity in the annuity market, which despite growing 70% since COVID to $385 billion in 2023, we believe should be a $1.5 trillion market in the near future," said Blake. "Annuity.com, Inc. is bringing innovation to this channel because we believe it is the single largest opportunity in finance in the US."
More on Marylandian
- Maryland Agricultural Commission Meeting Notice
- Dale Sorensen Real Estate Names Donna Browning Vice President of Sales, Announcing Her Return to the Company
- Dr. Barrie Matthews of Big Sky Smile Center Speaks at the Full Arch Growth Conference, Inspiring Dentists Nationwide
- Dr. Sathish Palayam Speaks at the Full Arch Growth Conference, Sharing Insights to Revolutionize Patient Care!
- Donors and Recipients of Nashville Chopin's Metro School Piano Donation Program Announced
"Our team is laser-focused on building a company that delivers exceptional value to both agents and consumers," added Bruce Jensen, COO/CFO. "We believe that by leveraging technology and data, we can create a more efficient and transparent annuity marketplace that benefits everyone involved."
About Annuity.com, Inc.
Annuity.com, Inc. is a newly formed fintech and financial media company dedicated to transforming the annuity distribution landscape. Led by a team of experienced industry professionals and innovators, the company is focused on empowering independent agents, increasing consumer awareness, and making annuities more accessible to individuals seeking financial security in retirement. Annuity.com, Inc. will operate under the Annuity.com, Inc. name and be known as Annuity.com Insurance Marketing in some states.
Source: Annuity.com
0 Comments
Latest on Marylandian
- Introducing Feelness: A Revolutionary Solution for Physical Self-Care Without the Fitness Lifestyle
- Omnitronics Wins Software Combined 2024 AI Innovation Award
- Maryland Agricultural Commission Meeting Notice
- Maryland State Board of Veterinary Medical Examiners Meeting notice
- Mrs Elemental® USA Rebrands to Empower Married Women Across the Nation
- Maryland: Department Seeks Grant Proposals for its Healthy Soils Competitive Fund
- Time to Investigate Mental Health Research Waste on Bizarre Animal Studies
- The World's No.1 Superstar Is Celebrating His 21st Birthday for the 28th Time Today!
- Who is Stan Fitzgerald Georgia Veterans for America First state chapter Political Director
- 4th Annual Pompano Fall Festival: Shirley Murdock, Adina Howard, Jeezy, and Plies Headline Broward County's Top Music Festival
- Natalie Jean, Noshir Mody, and Brian Sargent Release Stunning Cover of Radiohead's "Creep"
- San Francisco Bay Area Songwriting Duo Razteria and Dave Shul Release Retro Rock Pop Album Prowess Blossoming
- Le trio français de Punk-Metal Psychédélique Joe La Truite signe un contrat de management international
- Help Disabled American Homeless Veteran Become Financially Independent
- Ultimate Spades Tour Launches Groundbreaking Series From Creators Mekhi Phifer And Lawrence Adisa On Thanksgiving 2024
- Jones Sign Unveils Jones Vision LED Displays
- TANTV Secures $50K Pre-Seed from Pharrell Williams Black Ambition to Advance SYNDEX for Publishers
- Cryptsoft Pty Ltd. has added support for CockroachDB in the latest release of KMIP Server SDKs
- Maryland: Agritourism and Value Added Agriculture Subcommittee Meeting
- Maryland: Education, Labor, and Development GICA Subcommittee Meeting Notice