Who is EquiTrust owned by?

Who is EquiTrust owned by?

Guggenheim Partners purchased EquiTrust from FBL Financial Group. Surpassed $10 Billion in assets. EquiTrust domestication moved to Illinois from Iowa.

Where is EquiTrust located?

EquiTrust manages $16.4 billion in fixed-rate and indexed annuities and life insurance and is headquartered in Chicago with operations in West Des Moines.

How long has EquiTrust been in business?

Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management.

What is the rating of EquiTrust?

EquiTrust has a good rating through A.M. Best, but it’s not as highly rated as many other modern insurance companies. Its “A+” rating through the BBB is impressive, though. The carrier does have solid financial strength, and A.M. Best places them in the $1.25-$1.5 billion financial size category.

Does Magic Johnson own EquiTrust?

EquiTrust, which is majority owned by Magic Johnson Enterprises, will partner with MBE Capital Partners, a Fort Lee, N.J., based nonbank lender that specializes in financing minority- and women-owned companies, to offer Paycheck Protection Program loans.

What does FBL Financial stand for?

Farm Bureau Life Insurance Company. Website. fblfinancial.com. FBL Financial Group, Inc. is a financial services holding company whose purpose is to protect livelihoods and futures.

What insurance company does Magic Johnson own?

22, 2020 /PRNewswire / — Cigna is teaming up with Earvin “Magic” Johnson, chairman and chief executive officer of Magic Johnson Enterprises, to combat health disparities and to support minority and women-owned small and mid-size businesses in the greater Los Angeles area.

How do I check my Farm Bureau claim?

To view your claim status and the contact information for your assigned adjuster, log in to your FBFS.com account and go to the claims overview. If you don’t have online account access, our easy registration process takes just a few minutes!

Does Magic Johnson own a life insurance company?

In June of 2015, Earvin “Magic” Johnson became majority owner of EquiTrust Life Insurance, the largest minority-owned life insurance company in the history of the country at $22 billion in assets.

How do I file a claim with NC Farm Bureau?

Report a claim online. Contact your agent. Call our 24-hour Claims Center toll-free at 1-800-226-6383….To help make the filing process smoother, please have the following documents ready when you contact your agent or claims representative:

  1. Insured’s Name.
  2. Address of Insured.
  3. Policy Number.
  4. Date of Damage or Injury.

What bank does Magic Johnson own?

Magic Johnson Enterprises is an American investment company owned by retired NBA Hall of Fame legend Magic Johnson….Magic Johnson Enterprises.

Industry investment
Headquarters United States of America

What’s the name of Magic Johnson’s insurance company?

EquiTrust Life Insurance Co.
Earvin “Magic” Johnson’s EquiTrust Life Insurance Co. provides $325 million in capital to fund loans through the SBA’s Paycheck Protection Program for minority and women-owned businesses.

How big is the EquiTrust Life Insurance Company?

Be safe and stay healthy. (Posted 7/27/20) Since 1996, EquiTrust has demonstrated exceptional growth by achieving $23 billion in assets under management. For the fifth consecutive year, EquiTrust is recognized among the “Wards 50” of top life and health insurance companies.

What kind of investment portfolio does EquiTrust have?

Over 84% of the portfolio is made up of bonds, mortgages and cash. A strong concentration of investment-grade holdings provides assurance that the guarantees associated with EquiTrust products are honored. Over 93% of the investment portfolio is investment grade.

How is EquiTrust Life insurance company responding to covid-19?

In response to the COVID-19 pandemic, we have implemented our business continuity plan, including successful implementation to a work-from-home environment – allowing employees to perform their jobs remotely. Administrative workflow levels are normal and telephone support teams are fully staffed; rest assured, we are prepared to serve you.

How to set up MFA on EquiTrust agent gateway?

Multi-Factor Authentication (MFA) of your identity is required to use Upload A Doc. To set up MFA on your Agent Gateway account, proceed to your Account Profile. The “Agent Gateway” is your resource for information on active and pending business, EquiTrust product offerings, and your license and appointment with EquiTrust.