LIBRA Insurance Partners, an independently-owned life insurance marketing organization (IMO) in the United States, has partnered with Highland Capital Brokerage (HCB), a national life insurance and annuity distribution company and a subsidiary of Osaic.
According to the announcement, this partnership aims to deliver a collaborative strengthening of resources and efficiencies.
“Highland Capital Brokerage is a formidable organization and we are excited they have selected LIBRA as their strategic partner to help facilitate its growth and expansion initiatives,” said William (Bill) Shelow, president and CEO of LIBRA.
Comprised of more than 300 employees nationwide, HCB provides risk management strategies and solutions to help financial professionals protect and grow their clients’ assets.
As a national life insurance, annuity, disability, and longevity planning firm, the company distributes these solutions across the wealth spectrum to both institutional and independent partners.
Teague Wright, president of Highland Capital Brokerage, said: “The partnership with LIBRA is an important step in Highland’s evolution. Our diversified sales organization will rely on the vast array of carriers and their products to provide risk management solutions to our clients.
J. Craig Collins, executive vice president and chief relationship officer of LIBRA, commented: “I have enjoyed having an association in various capacities with Highland Capital Brokerage since its inception. They embody everything that LIBRA and our partners symbolize.
“Teague and her senior leadership team have built a first-class organization and will greatly complement the markets we serve and the carriers we represent. Their interest in LIBRA further demonstrates the great value that we bring to our partner firms with our focus on delivering industry-leading tools and resources that support their efforts.”
By partnering with LIBRA, HCB further expands upon its expansive resources and capabilities with direct access to several additional proprietary advanced planning tools and benefits.
These include exclusive facultative underwriting program with RGA Reinsurance Group of America, Incorporated (RGA); and established relationships with an expanded lineup of affiliated carriers and reinsurers.
As well as a dedicated medical director, product white papers and benchmarking tools , and a proprietary quick quoting and informal processing platform.
