Securian Financial launches surplus lines insurance company
June 25 2024 - 11:00AM
Business Wire
Securian Financial has launched Securian Specialty Lines, Inc.,
a new surplus lines insurance company, to provide additional
innovative insurance solutions to financial institutions and
associations. AM Best has assigned a Financial Strength Rating of
A- (Excellent) and a Long-Term Issuer Credit Rating of “a-”
(Excellent) to Securian Specialty Lines.
“For decades, we have been a go-to provider of protection
solutions for financial institutions and associations. We are
excited to use the new capabilities available through Securian
Specialty Lines to bring even more innovative solutions to our
clients and their customers in these markets,” said David Seidel,
Securian Financial’s U.S. head of Affinity Solutions. “Securian
Financial continuously seeks additional ways to address our
clients’ evolving needs by providing cost-effective solutions that
both manage their risk and offer new products to their
customers.”
Financial institutions, associations and distributors interested
in learning more can find a Securian Financial sales professional
to talk to in their region at
https://www.securian.com/contact-us/financial-institution-contact-form.html.
A go-to provider for financial institutions and
associations
Securian Financial’s Affinity Solutions business is a go-to
provider of insurance and other protection products to more than
6,000 financial institutions and associations in the United States
and Canada. Securian Financial offers a diverse portfolio of
specialty property & casualty, life, accident and supplemental
health product options—all backed by customized solutions and
exceptional service.
ABOUT SECURIAN FINANCIAL
To be confident in your financial future, you need to trust the
strength and commitment of the companies you choose to work with.
For more than 140 years, the Securian Financial family of companies
has been developing innovative insurance and retirement solutions
to meet the evolving needs of individuals, families and businesses.
Offered through partnerships with employers, financial
professionals and affinity groups, our products help bring peace of
mind to more than 23 million customers throughout the United States
and Canada. We are trusted by our partners and customers to fulfill
our purpose of helping to build secure tomorrows. For more
information about Securian Financial, visit securian.com or follow
us on Facebook, Instagram or LinkedIn.
Securian Financial is the marketing name for Securian Financial
Group, Inc., and its subsidiaries.
Insurance products are issued by Minnesota Life Insurance
Company or Securian Life Insurance Company, a New York authorized
insurer. Minnesota Life is not an authorized New York insurer and
does not do insurance business in New York. Both companies are
headquartered in Saint Paul, MN. Property and casualty insurance
products are issued by Securian Casualty Company, a New York
authorized insurer. Surplus lines insurance products are issued by
Securian Specialty Lines, Inc. and are only available through a
licensed surplus lines broker. Securian Specialty Lines, Inc. is
not an eligible surplus lines insurer in California or New York and
does not do business in California or New York. Product
availability and features may vary by state. Each insurer is solely
responsible for the financial obligations under the policies or
contracts it issues.
DOFU 6-2024 3655257
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version on businesswire.com: https://www.businesswire.com/news/home/20240625633875/en/
Securian Financial Jeff Bakken, Media Relations 651-665-7558
jeff.bakken@securian.com