Trending...
- Springfield: Register for the 2023 Stop the Violence Conference - 290
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
- LIB and Nidec Rejoin Forces for Giant TH-0098 Temperature Humidity Test Chamber
Company Acquires Annuity.com Domain to Build Leading Consumer Marketplace and Empower Financial Professionals
PHOENIX - Missouriar -- 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 Missouriar
"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 Missouriar
"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 Missouriar
- Join Springfield Police for Annual Coffee with A Cop
- Springfield: SPD Honors Four Officers Retiring After 25 Years of Service
- Springfield: Coffee with Police Chief Paul Williams
- Springfield Police Department Celebrates Promotions
- Springfield Police Warn of Scam Calls
"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 Missouriar
- Springfield Police Recruits Set to Graduate Saturday
- Springfield: You're Invited to Family-Friendly National Night Out
- Springfield: SPD requesting assistance locating vehicle related to July 18 fatality crash
- Springfield: You're Invited to Coffee with Police Chief Paul Williams
- Springfield: SPD Honors and Welcomes Lateral Academy Graduate
"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
Filed Under: Financial
0 Comments
Latest on Missouriar
- Springfield: Victim of Bicycle Crash Dies in Hospital
- Springfield: SPD to Conduct Cinco de Mayo Saturation Patrol
- Springfield: SPD Releases Quarterly Report Emphasizing Importance of Open Data
- Springfield: Charges Are Filed After SPD Makes Property Crime Bust
- Springfield: SPD Investigates W. Elfindale Fatal Motor Vehicle Crash
- Springfield: Join Police Chief Paul Williams for Coffee with the Chief
- Springfield Police Investigate W. Division Officer-Involved Shooting
- Springfield: Accounting firm completes audits of police operations, financial month-end closing process
- Springfield Police Release Name of Deceased Suspect
- Springfield Police Investigate In-Custody Death
- Springfield Police Department Releases 2018 Annual Report
- Springfield: SPD Investigates Fatal Motor Vehicle Crash
- Springfield: SPD to host Neighborhood Watch training sessions in April
- Springfield Police Captain is Awarded Big of the Year
- Springfield: Coffee with the Chief Changes Locations
- Springfield: Blood Drive Honoring Officer Aaron Pearson is Friday
- Springfield: North Johnston Shooting Victim Dies in Hospital
- Springfield Police Investigate Officer-Involved Shooting Involving U.S. Deputy Marshal
- Columbia: Overnight pavement maintenance scheduled for downtown and campus streets starting July 17
- KCON LA 2025, 106.3 RAIN FM 'Take Over' Special Event