The Phoenix Companies Aligns with The AltiSure Group

The Phoenix Companies, Inc. has announced a strategic alliance with The AltiSure Group, an annuity and life insurance design and distribution company.

According to a release, the collaboration will allow the two organizations to combine their expertise in developing annuity and life insurance products and bring these solutions to more consumers.

The two companies also announced the launch of their co-developed Secure Lifestyle Annuity Series, which includes The Secure Lifestyle and the Secure Lifestyle Bonus fixed indexed annuities. Designed for both pre-retirees and retirees, the Secure Lifestyle Annuities Series is available exclusively through the Phoenix and AltiSure alliance and offers a blend of product features that are not available elsewhere in the market.

"We are very pleased to partner with a company of AltiSure's caliber," said Philip K. Polkinghorn, senior executive vice president, business development. "We believe that together, Phoenix and AltiSure will bring the industry a unique, forward-thinking approach to annuity product development. The Secure Lifestyle Annuity Series is just the first of what we hope will be many products jointly introduced to the marketplace."

"When the opportunity to partner with Phoenix presented itself, we leapt at the chance to collaborate," said Niju Vaswani, President of The AltiSure Group. "With more than 150 years of experience, Phoenix brings a heritage and legacy of product development that has continued to meet the evolving needs of individuals and families."

The Phoenix Companies provides financial solutions using life insurance and annuities. PHL Variable Life Insurance Company is a subsidiary headquartered in Hartford, Connecticut.

The AltiSure Group is an annuity and life insurance products design and distribution company. They design annuity and life insurance products for exclusive distribution through their network of select Independent Marketing Organizations (IMOs).