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

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

Wednesday, November 20, 2019

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.

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