2017
October 2017
Announced Formation
Announced formation of Independent Insurance Group.
2018
April 2018
Announced Opening
Announced opening of Independent Life Insurance Company.
June 2018
Received First $1 Million+
Received first $1 million+ court approval for minor’s structured settlement.
November 2018
Qualified Settlement Fund
First business placed from a mass tort Qualified Settlement Fund.
December 2018
Strength Rating Affirmed
“A” financial strength rating affirmed.
2019
February 2019
First Payee Protection Policy
Introduced industry’s first Payee Protection Policy.
April 2019
Non-Qualified Assignment
Announced launch of Non-Qualified Assignment.
June 2019
Texas Property Code
Major update to Texas Property Code signed into law by Texas Gov. Abbott.
June 2019
First Victory
First victory over factoring company through Payee Protection Policy.
August 2019
Company-Record $13.5 Million
Completed company-record $13.5 million structured settlement.
October 2019
$100 Million Funded
First $100 million in funded premium.
December 2019
Financial Strength
“A” financial strength rating re-affirmed.
2020
June 2020
2nd Fastest Growing Annuity Provider
S&P Global names Independent Life Insurance Company 2nd fastest growing annuity provider in USA.
June 2020
100th Insurer/Self-insured
100th insurer/self-insured entity to fund directly with Independent Life.
July 2020
$200 Million Funded
$200 million in funded premium.
July 2020
Launched Settlement Nation
Launched Settlement Nation podcast.
September 2020
Received 300th Court Approval
Received 300th consecutive court approval.
2021
January 2021
Announced Reinsurance
Announced reinsurance agreement with Hannover Re US.
February 2021
Announced Capital Partnership
Announced capital partnership with Kilter Finance, a KKR-backed company.
May 2021
$300 Million Funded
$300 million in funded premium
June 2021
Acquired Sterling National Life
Acquired Sterling National Life Insurance Company.
September 2021
Branding Launch
Launch of new Independent Life branding
October 2021
Received 600th Court Approval
Received 600th consecutive court approval.
November 2021
10,000th Download
10,000th download of Settlement Nation podcast.
November 2021
$400 Million in Funded
$400 million in funded premium.
December 2021
Independent Life Website
Launch of new Independent Life website.
December 2021
Introduced iStructure
Introduced iStructure, an innovative structured settlement indexed annuity product.
2022
February 2022
AAJ Board of Governors
Initiated co-sponsorship of AAJ Board of Governors meetings.
March 2022
Settlement Nation Podcast
Released 40th episode of Settlement Nation podcast, featuring Keith Mitnik.
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P.O. Box 679053
Dallas, Texas 75267-9053
Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.