Defence Security Corps

American Life & Security Corp., a subsidiary of Midwest Holding Inc., is proud to announce the launch of an exciting new annuity product

Retrieved on: 
Wednesday, August 16, 2023

LINCOLN, Neb., Aug. 16, 2023 /PRNewswire/ -- American Life & Security Corp., a subsidiary of Midwest Holding Inc. (NASDAQ: MDWT), is proud to announce the launch of an exciting new annuity product, American Fusion.

Key Points: 
  • LINCOLN, Neb., Aug. 16, 2023 /PRNewswire/ -- American Life & Security Corp., a subsidiary of Midwest Holding Inc. (NASDAQ: MDWT), is proud to announce the launch of an exciting new annuity product, American Fusion.
  • The product, distributed by American Life's IMO partners, combines key characteristics of a Multi-Year Guaranteed Annuity (MYGA) and a Fixed Index Annuity (FIA), offering the benefits of two annuity products in one.
  • With Fusion, American Life has created its own product category: the Multi-Year Guaranteed Index Annuity, or MYGIA.
  • "With American Fusion, American Life underscores its commitment to innovation and simplicity," said Tom Bumbolow, Head of Distribution and Business Development.

Advisor Group Selects iPipeline® Order Entry Technology to Streamline Annuities for Financial Professionals

Retrieved on: 
Thursday, March 9, 2023

EXTON, Pa., March 9, 2023 /PRNewswire/ -- iPipeline® announces that Advisor Group, the nation's largest network of independent wealth management firms, has chosen to harness iPipeline's AFFIRM® for Annuities order entry system to optimize annuity transactions for financial professionals.

Key Points: 
  • The Advisor Group network consists of more than 11,000 financial professionals associated with eight wealth management firms—FSC Securities Corp., Royal Alliance, SagePoint Financial, Securities America, Triad Advisors, and Woodbury Financial Services, American Portfolios and Infinex.
  • Through this relationship, financial professionals affiliated with Advisor Group will gain access to iPipeline's Order Entry system to digitize their business and enhance the agent and user experience.
  • The AFFIRM for Annuities order entry system will enable advisors to:
    Reduce Not in Good Order (NiGO) transactions.
  • Our order entry platform will empower Advisor Group to expand its financial professional base, its client base, and its business, through simplifying the often complex and expensive processes associated with annuities."

BNP Paribas Enhances Cash Equities Offering With U.S. Launch and Roll-out of Top-ranked Equity Research Group BNP Paribas Exane

Retrieved on: 
Tuesday, November 8, 2022

BNP Paribas, Europes leading financial institution, announces today the launch and roll-out of BNP Paribas Exane, a leading provider of equity research, in the US.

Key Points: 
  • BNP Paribas, Europes leading financial institution, announces today the launch and roll-out of BNP Paribas Exane, a leading provider of equity research, in the US.
  • The U.S. launch of BNP Paribas Exane enables the bank to offer its clients a full suite of cash equities and derivatives services.
  • Exane was founded in 1990 with a robust business model built around three complementary business lines: Cash Equities (BNP Paribas Exane); Structured Solutions (Exane Solutions); and Asset Management (Exane Asset Management).
  • After a successful 17-year partnership with BNP Paribas, Exane became a subsidiary of BNP Paribas in July 2021.

Cash Logistics Market: APAC to Occupy 35% Market Share|Driven by the Growing Preference for Outsourcing Cash Management Services by Financial Institutions | Technavio

Retrieved on: 
Tuesday, June 28, 2022

Drivers:The growing preference for outsourcing cash management services by financial institutions is one of the major factors contributing to the growth of the cash logistics market.The rise in the number of ATMs has led to the outsourcing of cash management and security.

Key Points: 
  • Drivers:The growing preference for outsourcing cash management services by financial institutions is one of the major factors contributing to the growth of the cash logistics market.The rise in the number of ATMs has led to the outsourcing of cash management and security.
  • This has boosted the growth of cash logistics services being outsourced by banks and financial institutions.
  • Outsourcing of cash management security and services has reduced cash-in-transit time.
  • Trends:The increasing demand for ATMs is key cash logistics market trend that will support the market growth.The frequent withdrawal of cash by retail customerscreates thedemand for the periodic replenishment of cash.

ARES Security Software Selected to Power Maritime Security Accreditation

Retrieved on: 
Monday, April 18, 2022

Vienna, VA, April 18, 2022 (GLOBE NEWSWIRE) -- The National Maritime Law Enforcement Academy has selected ARES Security Corporation (ARES) as a preferred provider of software solutions to power their recently launched maritime security accreditation program.

Key Points: 
  • Vienna, VA, April 18, 2022 (GLOBE NEWSWIRE) -- The National Maritime Law Enforcement Academy has selected ARES Security Corporation (ARES) as a preferred provider of software solutions to power their recently launched maritime security accreditation program.
  • The ARES AVERT software is a proven solution that optimizes tasks focused on risk assessment, security design, terrorism countermeasures, as well as training and exercises for ports seeking accreditation.
  • More specifically, MARSEC Accreditation is focused on enhancing maritime security readiness and resiliency, through formalized U.S. Coast Guard recognition, and the creation of a National Digital Library of Maritime Critical Infrastructure.
  • The ARES Team is truly motivated to work on this national security initiative with our friends at NMLEA, said Ben Eazzetta, CEO of ARES Security Corp. We excel by enhancing our customers core security requirements and appreciate the National Maritime Law Enforcement Academys leadership when it comes to maritime security.

Midwest Holding Announces Inclusion of the Goldman Sachs Xenith Index to its Fixed Index Annuity Policy Holders

Retrieved on: 
Wednesday, January 12, 2022

LINCOLN, Neb., Jan. 12, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-enabled, services-oriented annuity platform,announced today that its subsidiary American Life & Security (ALSC) will begin offering exclusively to American Life's Fixed Index Annuity policy holders the Goldman Sachs Xenith Index.

Key Points: 
  • LINCOLN, Neb., Jan. 12, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-enabled, services-oriented annuity platform,announced today that its subsidiary American Life & Security (ALSC) will begin offering exclusively to American Life's Fixed Index Annuity policy holders the Goldman Sachs Xenith Index.
  • By using a leading economic indicator, the Goldman Sachs Xenith Index differs from indices that rely on a backward-looking methodology alone.
  • "The Goldman Sachs Xenith Index is quite meaningful to Midwest Holding and American Life as we are one of just a few select insurance providers offering this type of index.
  • "Goldman Sachs is pleased to license the Goldman Sachs Xenith Index to American Life & Security.

Midwest Holding Announces Strategic Asset Management Initiative with ORIX Corporation USA

Retrieved on: 
Monday, January 10, 2022

LINCOLN, Neb., Jan. 10,2022 /PRNewswire/ -- Midwest Holding Inc. (Midwest, NASDAQ: MDWT), a technology-driven life and annuity platform,announced the closing of a majority ownership sale of a consolidated reinsurance facility to a subsidiary of ORIX Corporation USA (ORIX USA).

Key Points: 
  • LINCOLN, Neb., Jan. 10,2022 /PRNewswire/ -- Midwest Holding Inc. (Midwest, NASDAQ: MDWT), a technology-driven life and annuity platform,announced the closing of a majority ownership sale of a consolidated reinsurance facility to a subsidiary of ORIX Corporation USA (ORIX USA).
  • Under the terms of the agreement, a subsidiary of ORIX USA purchased approximately 70% of Seneca Incorporated Cell, LLC 2020-01 (SRC1), a Midwest consolidated reinsurance cell.
  • "This is a meaningful partnership for Midwest as we look forward to a long-term collaboration with the team at ORIX USA.
  • "We are pleasedto announce this strategic initiativewith Midwest throughthis transaction and view this as thestarting point for a robust relationship with the company,"said Art Mbanefo,Chief Investment Officer and Head of Principal Business and Asset Management, ORIX USA.

Midwest Holding Announces Launch of S&P 500 ESG Index for the Fixed Annuity Space

Retrieved on: 
Wednesday, January 5, 2022

LINCOLN, Neb., Jan. 5, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-driven, life and annuity platform,today announced that its subsidiary American Life & Security Corp has launched the industry's first ever Fixed Annuities based on the S&P 500 ESG Index.

Key Points: 
  • LINCOLN, Neb., Jan. 5, 2022 /PRNewswire/ -- Midwest Holding Inc. (NASDAQ: MDWT), a technology-driven, life and annuity platform,today announced that its subsidiary American Life & Security Corp has launched the industry's first ever Fixed Annuities based on the S&P 500 ESG Index.
  • "We are pleased to announce the addition of the S&P 500 ESG Index as a part of our American Select Fixed Indexed Annuity product suite.
  • The S&P 500 ESG Index is a broad-based, market-cap-weighted index designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P 500.
  • Except as required by law, Midwest does not undertake to update forward-looking statements contained in this release.

Midwest Holding Subsidiary American Life Introduces Multi-Year Guaranteed Annuity (MYGA) Product for Registered Investment Advisors (RIAs)

Retrieved on: 
Wednesday, November 3, 2021

LINCOLN, Neb., Nov. 3, 2021 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), a technology-enabled, services-oriented life and annuity platform, announced today that its subsidiary American Life & Security Corp. (ALSC) has launched its first Multi-Year Guaranteed Annuity (MYGA) product for the registered investment advisor (RIA) market.

Key Points: 
  • LINCOLN, Neb., Nov. 3, 2021 /PRNewswire/ -- Midwest Holding Inc. ("Midwest") (NASDAQ: MDWT), a technology-enabled, services-oriented life and annuity platform, announced today that its subsidiary American Life & Security Corp. (ALSC) has launched its first Multi-Year Guaranteed Annuity (MYGA) product for the registered investment advisor (RIA) market.
  • "This is an important new initiative for American Life as we seek to respond to growing demand for MYGA products tailored to RIAs and their clients.
  • It is already available in 21 states with further expansion planned," said Midwest Holding Director of Corporate Finance Noh-Joon Choo.
  • About American Life & Security Corp.
    American Life & Security Corp. is a wholly owned subsidiary of Midwest Holding Inc.

A $89.8 Billion Global Opportunity for Secure Logistics by 2026 - New Research from StrategyR

Retrieved on: 
Friday, October 22, 2021

SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Secure Logistics - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Secure Logistics - Global Market Trajectory & Analytics" .
  • Companies:42 - Players covered include Allied Universal; CargoGuard Secure Logistics; CMS Infosystem Pvt.
  • The U.S. Market is Estimated at $17 Billion in 2021, While China is Forecast to Reach $19.4 Billion by 2026
    The Secure Logistics market in the U.S. is estimated at US$17 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.