Philadelphia Financial is to serve as a specialty carrier for M Financial providing the company’s member firms with access to private placement insurance product
Philadelphia Financial offers Variable Universal Life Insurance and Variable Annuity solutions through its US domiciled and Bermuda domiciled carriers and is active in the hedge fund space through its administration of insurance-dedicated funds (IDFs)
“M Financial’s Member Firms are among the most successful and innovative financial firms. We are proud to enter this specialty relationship focused on addressing the complexities associated with the globalisation of family wealth. Pairing our product offerings with M Member Firms’ capabilities and expertise is a tremendous opportunity for both of our organisations,” says Ken Kilbane, Executive Vice President of Philadelphia Financial.
Curt Rynties, Vice President, Partner Relationships, for M Financial, adds:“The dynamic needs of the global citizen continue to evolve and Philadelphia Financial holds a strong position and product offerings in the international space. Through this relationship, M Financial’s Member Firms now have access to a leading global provider of insurance-based solutions for the high and ultra-high-net worth market.”