Vantis Life in the News

Read our latest press releases, announcement, events, learn about Vantis Life leadership team and more.

September 2019

What is an immediate annuity and how does it work?
September 30, 2019

Consumer personal finance site MagnifyMoney turned to our Chairman and CEO Ray Caucci for expert insight on immediate annuities. Ray explained the difference between qualified and non-qualified immediate annuities and the optimal time to invest in each. 

Read more at MagnifyMoney
 

Insurance Expert Q&A with Ray Caucci, Chairman and CEO of Vantis Life Insurance Company
September 13, 2019

Our Chairman and CEO Ray Caucci sat down for a Q&A session with ValuePenguin to discuss how Vantis Life is simplifying the process of obtaining life insurance. Ray also highlighted Vantis Life's digital capabilities, including our interactive mobile app, Life Hero. 

Read more at ValuePenguin

September is Life Insurance Awareness Month

September 3, 2019

In light of Life Insurance Awareness Month this September, our President and Chief Operating Officer Scott Smith joined WTNH, our local ABC affiliate station, to highlight what individuals should know when evaluating personal life insurance policy needs and why now is the time to ensure you have proper coverage.

Watch the segment on WTNH.

July 2019

Five ways life insurance can help you in retirement
July 15, 2019

As you approach retirement, you might consider eliminating life insurance coverage due to increased financial stability resulting from lower personal debt levels and fewer dependents. However, there are several benefits to extending coverage into your retirement years. Our CEO Ray Caucci shares a few of these examples in his recent MarketWatch article. 

Read more in MarketWatch. 

June 2019

How This Insurance Company Makes Buying Life Insurance Easy
June 13, 2019

It's now easier than ever to purchase life insurance online. Craig Simms, our Senior Vice President and Chief Marketing Officer, spoke with consumer finance site CreditDonkey to discuss new web-based sales portals and how some applicants may be able to bypass the arduous underwriting process.
 
Read more in CreditDonkey.  
 

May 2019

How to Sell Fixed Annuities to Skeptical Retirees
May 28, 2019

Retirees may be skeptical about fixed annuities, but understanding the benefits of a diversified investment strategy can be the key to their success. Craig Simms, our Senior Vice President and Chief Marketing Officer, compiled tips on how to get clients on-board with fixed annuities through conversation and learning. 

Read more in ThinkAdvisor.

April 2019

Vantis Life's Caucci: Working the D2C channel involves tech, focus, guidance
April 2019

Our CEO Ray Caucci sat down with A.M. Best TV to discuss one particular area of growth in the life insurance industry: direct sales. Ray explained how Vantis Life's new underwriting technology allows individuals to apply on their own with the necessary guidance, tools and resources to do so.  

Watch his full interview here.

Vantis Life gets A.M.Best Rating Upgrade

April 2019

Vantis Life Insurance Company, an industry-leading life insurance provider for mid-market and emerging affluent consumers, has been awarded an A+ (Superior) credit rating with a stable outlook by A.M. Best.

Click here to read full release.

March 2019

58% of Smokers Wouldn't Quit For 10 Years of Extra Life

March 26, 2019

Over half of American smokers would not give up smoking, even if it meant they could live 10 years longer, according to new research released by Vantis Life.

Read the full release on Vantis Life

Vantis Life Honored with 2019 BISA Technology Innovation Award

March 11, 2019

Vantis Life Insurance Company, an industry-leading life insurance provider for mass market consumers, was recently honored by the Bank Insurance & Securities Association (BISA) with its 2019 Technology Innovation Award. Vantis Life accepted the award during the BISA Annual Convention on March 7 in Hollywood, Florida.

Read the full release on Vantis Life

January 2019

KBRA Assigns Ratings to Penn Mutual
January 31, 2019

Kroll Bond Rating Agency (KBRA) assigns insurance financial strength ratings (IFSR) of AA- to The Penn Mutual Life Insurance Company and its key insurance subsidiaries: The Penn Insurance and Annuity Company, Vantis Life Insurance Company, and Vantis Life Insurance Company of New York (collectively referred to as Penn Mutual). KBRA also assigns an issuer rating of A to Penn Mutual’s broker-dealer subsidiary Janney Montgomery Scott LLC (Janney). The Outlook for all ratings is Positive.

Read the full release on Vantis Life

100% DIY Online Life Insurance Now Open to All Americans*
January 22, 2019

Vantis Life Insurance Company, an industry-leading life insurance provider, has introduced its web- and mobile-based, DIY life insurance application process, Velocity, to mass-market consumers. All Velocity products feature the possibility of expedited underwriting, which can deliver a policy decision in as little as a few minutes and without the need for a medical exam.
*not available in CA, MT, or NY

Read the full release on Vantis Life

How the life insurance industry is using AI to attract millennials
January 17, 2019

Our Senior Vice President and Chief Marketing Officer Craig Simms sat down with MarketWatch to discuss the major advancements in life insurance underwriting being made throughout the industry and here at Vantis Life. In the video, Craig also described how artificial intelligence is revolutionizing the insurance purchasing process as we know it.

Learn more at MarketWatch

Vantis Life launches Velocity Digital Platform for Direct Sales
January 7, 2019

Insurance Innovation Reporter covered the launch of our new digitized life insurance platform, Velocity. The article highlighted the key benefits agents will encounter when selling products through this digital platform, including an expedited underwriting process.

Read more in Insurance Innovation Reporter

 

Penn Mutual’s Vantis Wagers on Direct Sales with $1M Whole Life Policies
January 2, 2019

Our Senior Vice President and Chief Marketing Officer Craig Simms met with Life Annuity Specialist to discuss Vantis Life’s role as a leading force in the industry by offering direct-to-consumer sales across our product suite. Craig also illustrated how Vantis plans to reshape the way consumers think about life insurance.

Read more at Life Annuity Specialist

 

Vantis Life Looks to End the Cycle of Underinsured Families with New Digital Platform
January 6, 2019

Vantis Life introduces Velocity, an upgraded online life insurance platform that makes getting coverage faster and more efficient.

Read more at Business Wire

September 2018

Answer 5 questions before buying life insurance at work
September 28, 2018

NerdWallet called upon Craig Simms, Senior Vice President and Chief Marketing Officer at Vantis Life, for his insight on how to evaluate your life insurance coverage during open enrollment. Craig explained how obtaining a policy outside of the workplace could ultimately lead to cost savings. 

Read more at NerdWallet and USA Today


After building Vantis Life into $1B insurer, Tedone heads toward retirement
September 24, 2018

Ahead of his retirement, Vantis Life CEO Peter Tedone met with the Hartford Business Journal to discuss his contributions to the life insurance industry and top takeaways from his role as an executive. Peter also explained how leadership skills gleaned from his time as an EMT transferred to managing a now billion-dollar company. 

Read more at HartfordBusiness.com

Choudhury promoted to vice president of information technology at Vantis Life Insurance Co.
September 7, 2018

Our hometown newspaper, Hartford Business Journal, covered the news of Raquib Choudhury’s promotion to vice president of information technology at Vantis Life. The article highlighted Raquib’s new responsibilities and explained why his role is crucial to accelerated underwriting and direct-to-consumer initiatives.

Read more at HartfordBusiness.com

The 49 biggest trends in insurance and insurtech for 2019, according to experts
September 4, 2018

Tearsheet turned to our Senior Vice President and Chief Marketing Officer, Craig Simms, for his insights on what to expect from the insurance industry for 2019 and beyond. In the article, Craig explained how accelerated underwriting will transform the life insurance purchasing process for consumers. 

Read more at Tearsheet

August 2018

Vantis Life appoints Raquib Choudhury VP of Information Technology
August 29, 2018

Insurance Innovation Reporter penned a story on Raquib Choudhury, who was recently promoted to VP of Information Technology at Vantis Life. Raquib's new role will be critical to Vantis Life's digitization efforts. 

Read more at Insurance Innovation Reporter
 

People roundup: Vantis CEO Tedone to step down after 18 years
August 20, 2018

Life Annuity Specialist, a leading insurance industry trade publication, covered the news of our CEO Peter Tedone's upcoming retirement as well as our incoming CEO Ray Caucci. Editor Richard Bedard outlined Peter's numerous contributions to Vantis Life over his 31-year career with the company, and explained how Ray's experience will make for a seamless transition and allow us to continue providing top-notch solutions for years to come. 

Read more in Life Annuity Specialist


Windsor’s Vantis Life CEO Tedone retiring
August 15, 2018

The Hartford Business Journal covered the announcement of CEO Peter Tedone's retirement from Vantis Life, as well as our incoming CEO Ray Caucci. The article noted that Peter spearheaded Vantis Life's transition from a single-state insurer to a nationally licensed institution and managed its expansion into the banking and direct-to-consumer market.

Read more at HartfordBusiness.com
 

June 2018

Spotted: Vantis Life’s new look
June 5, 2018

Coverager.com, a leading insurance-industry newsletter, covered the revamp of Vantis Life’s website. Editor Shefi Ben-Hutta explained how Vantis Life is expediting the underwriting process and delivering life insurance decisions in real time to many of its customers.
Read More at Coverager

May 2018

Two ways banks can generate fee income with life insurance
May 30, 2018

Craig Simms, Senior Vice President and Chief Marketing Officer at Vantis Life, authored an article for Connecticut Banking Magazine about the current state of banks' life insurance sales channels. Craig pointed to changes in regulation and the life insurance underwriting process as key reasons why now is an opportune time for banks to leverage life insurance to generate fee income.
Read More at Connecticut Banking Magazine

Product profile: A life product that’s hard to talk about
May 24, 2018

In a profile of juvenile life insurance products, ThinkAdvisor Insurance Editor Allison Bell turned to Senior Vice President and Chief Marketing Officer at Vantis Life, Craig Simms, for expert commentary. Craig discussed unique aspects of the product, such as the death benefit, that agents should be aware of in the sales process.
Read More at ThinkAdvisor

What should your insurance agent do for you?
May 24, 2018

U.S. News & World Report’s Maryalene LaPonsie spoke to Craig Simms, Senior Vice President and Chief Marketing Officer at Vantis Life, about best practices for insurance agents. Craig advised that agents be transparent about the buying process from the get-go and offer referrals when they are unable to help a client.
Read More at U.S. News & World Report

Lirio joins Vantis Life Insurance in consumer direct marketing role
May 18, 2018

As Vantis Life ramps up its direct-to-consumer capabilities, The Hartford Business Journal ran a story announcing the addition of digital marketing veteran Manny Lirio.
Read More at Hartford Business Journal

15 little things that impact your finances
May 4, 2018

At Vantis Life, we know our customers have a lot on their plates. That’s why we encourage them to take a step back and evaluate their everyday money decisions. In this U.S. News & World Report article, readers can find a list of little things that have a big impact on your finances and insight from our Senior Vice President and Chief Marketing Officer Craig Simms on how important it is to buy insurance to protect your earnings.
Read More at U.S. News & World Report

6 things Generation Z gets wrong about money
May 3, 2018

Vantis Life Senior Vice President and Chief Marketing Officer Craig Simms spoke with U.S. News & World Report about how Gen Z, or those born after 1997, is influencing financial services marketing. Craig explained why Gen Z’s digital dependence has already started to impact the life insurance application process.
Read More at U.S. News & World Report

April 2018

Can I deduct the life-insurance premiums that I pay as alimony?
April 8, 2018

Nasser Zaermohammadi, National Training and Development Director at Vantis Life, spoke with MarketWatch about whether life insurance premium payments can be deducted as alimony. Nasser explained the importance of consulting with a financial professional when deciding the best way to pay a life insurance policy following a divorce.
Read More at MarketWatch

January 2018

Why free life insurance at work might not be enough
January 25, 2018

While many companies offer free life insurance as a benefit, that coverage might not be sufficient for your needs. Our Senior Vice President and Chief Marketing Officer Craig Simms spoke with NerdWallet to explain how to determine if your company’s life insurance coverage is enough for you and why you might be able to find affordable coverage elsewhere.
Read More at NerdWallet

How Vantis Life plans to go direct
January 12, 2018

Vantis Life Senior Vice President and Chief Marketing Officer Craig Simms spoke with Digital Insurance about our direct-to-consumer initiative. Craig explained how the life insurance industry as a whole is digitizing products in order to adapt to the needs of the modern consumer.
Read More at Digital Insurance

Vantis Life goes platinum with whole life product
January 11, 2018

InsuranceNewsNet spoke with Vantis Life Senior Vice President and Chief Marketing Officer Craig Simms about our new single-premium whole life product, EstateWise Platinum. Craig explained how this dynamic life insurance product can be utilized as an estate planning tool.
Read More at InsuranceNewsNet