Trending...
- Restoration Dental Launches New Website to Enhance Patient Experience
- Feetures Empowers Girls Through Movement in Partnership with Girls on the Run for International Women's Day
- Casey Anthony Reappears on Social Media Shortly After Chief Judge Belvin Perry & Amy Mitchell Publish Tell-All Book
Company Acquires Annuity.com Domain to Build Leading Consumer Marketplace and Empower Financial Professionals
PHOENIX - ncarol.com -- Annuity.com, Inc., a newly formed fintech and financial media company set to revolutionize the distribution of annuities, today announced it has closed on a $15.7 million seed funding round and acquired the domain Annuity.com. The company will relaunch Annuity.com as an education-focused consumer marketplace for annuities in the summer of 2024.
Led by CEO Brett Blake, a Harvard MBA with extensive experience leading both private and public companies, Annuity.com, Inc. is poised to disrupt the industry. Blake is best known for his tenure at Beachbody (now BODi), where he pioneered strategies that drove the independent coaching division from $50 million to $975 million in sales. Bruce Jensen, a seasoned financial executive, has joined the company as COO/CFO.
More on ncarol.com
"The annuity market is significantly underperforming due to a lack of consumer awareness," said Annuity.com, Inc. CEO, Brett Blake. "Studies show that less than 25% of the population even knows what an annuity is, and just 12.5% own one. With 10,000 Americans retiring daily, annuities must become a mainstream solution for financial security in retirement."
Annuity.com, Inc. will focus on empowering independent agents with innovative tools and resources, enabling them to better serve their clients and expand their businesses. The company's vision is to make annuities more accessible and understandable to consumers, fostering greater financial security for individuals planning their retirements.
"We see a tremendous opportunity in the annuity market, which despite growing 70% since COVID to $385 billion in 2023, we believe should be a $1.5 trillion market in the near future," said Blake. "Annuity.com, Inc. is bringing innovation to this channel because we believe it is the single largest opportunity in finance in the US."
More on ncarol.com
"Our team is laser-focused on building a company that delivers exceptional value to both agents and consumers," added Bruce Jensen, COO/CFO. "We believe that by leveraging technology and data, we can create a more efficient and transparent annuity marketplace that benefits everyone involved."
About Annuity.com, Inc.
Annuity.com, Inc. is a newly formed fintech and financial media company dedicated to transforming the annuity distribution landscape. Led by a team of experienced industry professionals and innovators, the company is focused on empowering independent agents, increasing consumer awareness, and making annuities more accessible to individuals seeking financial security in retirement. Annuity.com, Inc. will operate under the Annuity.com, Inc. name and be known as Annuity.com Insurance Marketing in some states.
Led by CEO Brett Blake, a Harvard MBA with extensive experience leading both private and public companies, Annuity.com, Inc. is poised to disrupt the industry. Blake is best known for his tenure at Beachbody (now BODi), where he pioneered strategies that drove the independent coaching division from $50 million to $975 million in sales. Bruce Jensen, a seasoned financial executive, has joined the company as COO/CFO.
More on ncarol.com
- Glisn Launches Revolutionary Cognitive Training App to Combat the Modern Attention Crisis
- Portland's Evolve & Unite Festival Brings a Transformational Experience to the Pacific Northwest
- North Carolina Nurses Association Applauds Bill to Make Operating Rooms Safer
- School Launches 250 Students International Service Trips - Gives $1M to Global Education
- DivX Unveils Enhanced Guide on Converting MOV to MP4 for Effortless Video Conversion
"The annuity market is significantly underperforming due to a lack of consumer awareness," said Annuity.com, Inc. CEO, Brett Blake. "Studies show that less than 25% of the population even knows what an annuity is, and just 12.5% own one. With 10,000 Americans retiring daily, annuities must become a mainstream solution for financial security in retirement."
Annuity.com, Inc. will focus on empowering independent agents with innovative tools and resources, enabling them to better serve their clients and expand their businesses. The company's vision is to make annuities more accessible and understandable to consumers, fostering greater financial security for individuals planning their retirements.
"We see a tremendous opportunity in the annuity market, which despite growing 70% since COVID to $385 billion in 2023, we believe should be a $1.5 trillion market in the near future," said Blake. "Annuity.com, Inc. is bringing innovation to this channel because we believe it is the single largest opportunity in finance in the US."
More on ncarol.com
- SourceCode Expands AI Factory Offerings with Atlas AI Ignite at GTC 2025
- Karen Mueller Leads the Charge in Infection Prevention as SterileCare Drives Meaningful Change in Catheter Care
- AI — Past, Present, and Future: Verb Presents Features Jay Preston
- New Free St. Patrick's Day Bingo Cards Announced – Print or Play Digitally!
- MANE DRINK to Launch Lion's Mane Mushroom Coffee in April — Pre-Orders Now Open for Nootropic Cold Brew
"Our team is laser-focused on building a company that delivers exceptional value to both agents and consumers," added Bruce Jensen, COO/CFO. "We believe that by leveraging technology and data, we can create a more efficient and transparent annuity marketplace that benefits everyone involved."
About Annuity.com, Inc.
Annuity.com, Inc. is a newly formed fintech and financial media company dedicated to transforming the annuity distribution landscape. Led by a team of experienced industry professionals and innovators, the company is focused on empowering independent agents, increasing consumer awareness, and making annuities more accessible to individuals seeking financial security in retirement. Annuity.com, Inc. will operate under the Annuity.com, Inc. name and be known as Annuity.com Insurance Marketing in some states.
Source: Annuity.com
0 Comments
Latest on ncarol.com
- Flint, Michigan to Kick-off A Specialized National Literacy Week with Their Poet Laureate Semaj Brown
- Casey Anthony Reappears on Social Media Shortly After Chief Judge Belvin Perry & Amy Mitchell Publish Tell-All Book
- Restoration Dental Launches New Website to Enhance Patient Experience
- Feetures Empowers Girls Through Movement in Partnership with Girls on the Run for International Women's Day
- Felbro Food Products Recapitalized By Manangement And New Investment Group
- The Heart of "Rooted In Rhythm": Bridging Gaps Through Music and Community
- 888BoatLaw.com Awards $1000 For FWC Pink Tag Bass Contest
- Dexter B. Jenkins: Championing Financial Literacy and Empowering Generational Wealth Through Faith-Based Guidance
- Best-Selling Author Maurice I. Crawford Unveils Explosive New Book
- Q4 2024 Industry Impact Report Highlights Shifts in Arizona Tech Employment Trends and Investments
- Webinar Announcement: AI Governance: Balancing Innovation and Responsibility
- Aterna AI Unveils AI Trading System with 67% Annual Returns for Career-Focused Professionals
- RoarFun attracts visitors with a motion flight simulator rental and virtual branding at the London Heathrow Aviation Carbon Sustainability conference
- No Pressure Power Washing Launches Hassle-Free Home Maintenance Plans for Raleigh Homeowners
- 35th Annual Safe Sober T-Shirt Design Contest Winner Announced at Career Center High in Winston-Salem, North Carolina
- Expansive Estate in South Texas Seeks New Vision, 147 Acres Up for Grabs
- Events by Dubsdread Unveils the 2025 Orlando Wedding Pricing Guide
- Local Company Gets National Industry Recognition
- OneSolution Dental Implant Centers Announces All-on-X Digital Workflow Master Course in Palm Beach, FL
- Allen Field Co., Inc. Cuts Through the Hype: Real Packaging Solutions, No Buzzwords at Pack Expo Southeast 2025