X
GO

AM Best Upgrades National Guardian Life Insurance Company Credit Ratings to A (Excellent)

National Guardian Life Insurance Company (NGL) is pleased to announce AM Best has upgraded its Financial Strength Rating to A (Excellent) from A- (Excellent) rating effective March 24, 2021. The outlook of these ratings has been revised to stable from positive. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength.

Sherry Manetta appointed to Board of Directors for National Guardian Life Insurance Company

“We are pleased to welcome Sherry to the NGL Board of Directors. Her diverse leadership expertise in business transformation, insurance, technology, finance, and risk management will provide valuable strategy and operations perspective for NGL as we look toward the future,” shared Knut A. Olson, NGL President & CEO.

National Guardian Life Insurance Company and Insurance Capital Group launch strategic partnership

Creation of BrightBenefits and investment in Commercial Travelers to be initial transactions

A new strategic partnership was launched by NGL and New York-based Insurance Capital Group (ICG), the leading strategic investor in the mutual insurance industry. NGL and ICG, through its Federal Life Group, Inc. affiliate, have jointly developed and launched a national dental and vision insurance business called BrightBenefits, which will be led by insurance industry veteran Danny Bentley. BrightBenefits policies will be issued by Commercial Travelers Insurance Company, an A.M. Best A- (Excellent) rated affiliate of NGL, in which Federal Life will make a significant equity investment, subject to receiving regulatory approval.

In the News