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Nassau Financial Group

Nassau Financial Group is a privately held insurance holding company based in Hartford, Connecticut, with a corporate legacy the firm characterizes as "170+ years" — tracing back to 1851 through its predecessor, The Phoenix Companies. The current Nassau organization was formed in 2016 around that Phoenix lineage. Nassau's own positioning line is direct: "We are working harder to be your carrier of choice." Today the company operates across annuities (multiple types), life insurance, Medicare supplement, reinsurance, and asset management.


Founded
1851
Headquarters
Hartford, Connecticut
Structure
Privately held insurance holding company; current Nassau Financial Group formed in 2016 around the former Phoenix Companies, whose legacy traces to 1851

Known for

  • Fixed and fixed-indexed annuities
  • Life insurance, including final-expense and simplified-issue products
  • Reinsurance and asset-management arms supporting the insurance balance sheet

Products written

  • Whole life
  • Indexed universal life
  • Annuities
  • Final expense

What we use them for

Through Family First Life, we have access to Nassau’s life and annuity product lines. From an agent’s perspective, they tend to be a strong fit when:

  • The case is final-expense or simplified-issue life. Nassau writes simplified-issue products that fit clients who want a smaller permanent policy without a full medical exam.
  • The case is a fixed-indexed annuity at a smaller carrier. Nassau is an active FIA writer, and their illustrations are worth running when comparing across the FIA bucket.
  • The buyer is comfortable with a smaller, less-recognizable brand. Nassau is not a household name the way Mutual of Omaha or Lincoln are, but the underlying balance sheet (rooted in the former Phoenix Companies) has a long operating history.

A note on financial strength

Nassau publishes a Financial Strength page on their corporate site but does not list current rating values inline. Pull live AM Best and S&P values directly from AM Best before citing them on a call — for less-recognizable brands, current rating data is especially worth verifying.

When to consider another carrier

If brand recognition matters most to the client, Mutual of Omaha is usually the smoother conversation. If the goal is broad IUL product depth, carriers like Lincoln Financial or North American are typically the first stop. Nassau tends to be the answer when the case is final-expense or a specific FIA illustration where their product happens to fit.

Get a quote

Want to see what Nassau looks like for your situation? We pull current illustrations on the call. The form below pre-fills your interest as Nassau — we’ll come back with side-by-side options.


Sources

Facts on this page were drawn from the following sources. Ratings, products, and corporate facts change — verify against the source before relying on a specific claim.

Ready to compare

Want to see Nassau Financial Group side-by-side with another carrier?

We pull current illustrations on the call. The form below pre-fills your interest as Nassau Financial Group — we'll come back with side-by-side options from carriers that fit your specific situation.