Fortegra’s Life of the South Brand Rises to #2 Credit Life/Health Writer in U.S.
20 Juli 2011 - 6:14PM
Business Wire
Fortegra Financial Corporation (the “Company”) (NYSE: FRF) today
announced that according to A.M. Best’s annual ranking of credit
life/health writers, its Life of the South brand has risen from the
fourth-largest issuer to the second-largest issuer in the United
States, as ranked by 2010 credit life business issued. For 2010,
Life of the South had $5.9 billion in covered credit life/health
exposures, a 0.2% increase from the prior year and a positive
comparison to the overall U.S. life/health industry, which declined
1.7% during the same period.
“Our Life of the South brand rising to #2 in the credit
life/health writer rankings is a testament to the hard work and
dedication of our entire team,” said Richard S. Kahlbaugh, Chairman
and Chief Executive Officer of Fortegra Financial. “The fact that
we were able to show growth during 2010, while at the same time the
overall credit life/health industry was down nearly 2%, is further
evidence that our overall strategy at Life of the South remains
operative.”
About Fortegra
Fortegra Financial Corporation is an insurance services company
that provides distribution and administration services and
insurance-related products to insurance companies, insurance
brokers and agents and other financial services companies in the
United States. It sells services and products directly to
businesses rather than directly to consumers. Fortegra's brands
include Life of the South, Consecta, Bliss & Glennon and
eReinsure.
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