F&G Purchases 30% Ownership Stake in Freedom Equity Group
"F&G has a long history with FEG, and they have been an integral part of our life growth in recent years," said
FEG has been a partner of F&G for several years, contributing to F&G's rank as a top 3 middle market IUL provider by case rate this year. FEG offers individuals a unique opportunity to become business owners by selling life insurance products enabling them to have greater control of their career, income and time.
"F&G has been a key contributor to our success, and we are excited to join forces with this exciting partnership," said
This equity stake is an extension of F&G's overall diversification strategy. Since last year, F&G has expanded its reach with a successful launch in the bank and broker dealer channels and most recently in institutional markets with FABN issuances and pension risk transfer (PRT) deals. With the investment in FEG, F&G intends to expand its life business with continued penetration of multi-cultural segments in the U.S.
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of annuity and life insurance products and is headquartered in
"F&G" is the marketing name for
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