NEWS FROM VANTIS LIFE INSURANCE COMPANY
For Immediate Release
Contact: Michael London
NEW RECURRING PREMIUM UP 26% VERSUS 2010
WINDSOR, Conn., January 26, 2012 - Vantis Life Insurance Company today announced record growth in new recurring life insurance sales for the third consecutive year. For the calendar year 2011, the company reported a 26% increase in sales versus 2010. This followed growth of 21% in 2010 and 17% in 2009.*
"And the growth trend looks like it is going to continue in 2012.
"Our business model is unique and hard to replicate," said Craig Simms, Senior Vice President at Vantis Life. "We are able to provide comprehensive support for protection-oriented life insurance sold through banks and credit unions. We continue to leverage what we do best -- offering superior wholesaling, marketing and training support to more than 120 of our partners nationwide."
Vantis Life offers a simple, complete product menu and best-in-class online technology for bank sales agents. Coupled with attentive field wholesaling and training, this allows the company to provide a better life insurance experience for financial institutions who want to offer protection products to their customers and create stronger customer relationships.
The insurance company rating agency, A.M. Best, in a recent rating report noted "Vantis Life is the only bank distribution-focused life insurer that offers a full selection of easy-to-sell simplified issue and fully underwritten products from a web-based platform."
Vantis Life is focused on providing financial institutions and their customers with a variety of life insurance and annuity products. These products are offered by licensed bankers and financial advisors via an award-winning online process and supported by best-in-class wholesaling and access to Vantis University, the company's exclusive online, WebEx and in-person training and development resource. Vantis Life also offers referral-only programs, web-based marketing and other methods that banks and credit unions can use to offer life insurance even if they choose not to sell via their own employees.
About Vantis Life Insurance Company
Vantis Life Insurance Company was established in 1942. From its inception, the company's primary goal has been to provide families with affordable life insurance and annuity products available through their financial institution. With nearly $5 billion of life insurance in force, $900 million of assets and a rating of A-Excellent from A.M. Best, Vantis Life prides itself on on providing A Better Life Experience for financial institutions and their customers. Sales and marketing information is available at 1-866-826-8471 or www.vantislife.com/able.