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Unchained Capital Finalizes $25M Series A Round led by Bitcoin Tech and Financial Services Provider NYDIG

Unchained Capital Finalizes $25M Series A Round led by Bitcoin Tech and Financial Services Provider NYDIG June 5, 2021 @ 5:40 pm By Omar Faridi Unchained Capital, Inc. recently revealed that it has completed the initial closing of a $25 million Series A round that was led by institutional Bitcoin tech and financial services provider, NYDIG and parent firm Stone Ridge Holdings Group. In addition to participating in the equity round and increasing their minority stake, NYDIG has reportedly deci...
New York United States John Dalby Ross Stevens Parker Lewis Mike Sapnar

New York Life Donates $300,000 to Help Fight India's COVID-19 Crisis | Coronavirus

NEW YORK--(BUSINESS WIRE)--May 11, 2021-- New York Life, America’s largest and most admired 1 mutual life insurer, announced today that it has donated $150,000 to Project Hope and $150,000 to American-India Foundation (AIF) to support COVID-19 relief efforts in India. “COVID-19 has negatively impacted all people globally and we are proud to support efforts aimed at stopping the further spread of this terrible virus,” said Ted Mathas, Chairman and CEO. “As a mutual life insur...
New York United States Lacey Siegel Ted Mathas Life Insurance Company Of North America Brave Of Heart Fund

Bitcoin in annuities? Several insurance companies are banking on it

Bitcoin in annuities? Several insurers are working on it The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm. April 28, 2021 4 MINS Several major insurance companies are envisioning a big future for Bitcoin, including as a part of the annuities business. Though often written off as one of the most conservative industries, insurance...
New York United States Stone Ridge Kelly Brewster David Lau Matthew Carey

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NYDIG Announces Appointment of New York Life Chairman and CEO Ted Mathas to its Board of Directors

NYDIG Announces Appointment of New York Life Chairman and CEO Ted Mathas to its Board of Directors News provided by Share this article NEW YORK, March 10, 2021 /PRNewswire/ --  NYDIG, a leading provider of investment and technology solutions for Bitcoin, today announced the appointment of Ted Mathas to the NYDIG Board of Directors. Mr. Mathas is Chairman and CEO of New York Life Insurance Company, the nations largest mutual life insurer with more than $700 billion in assets under management. M...
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New York Life Completes Acquisition of Cigna's Group Life and Disability Insurance Business

New York Life Completes Acquisition of Cigna’s Group Life and Disability Insurance Business Acquisition enhances New York Life’s portfolio of strategic businesses, contributes to financial strength, and increases value for clients, producers, and policy owners Group Life and Disability Business Rebranded New York Life Group Benefit Solutions NEW YORK–(BUSINESS WIRE)–New York Life, America’s largest mutual life insurer 1, today announced the completion of the company’s acquisition ...
New York United States Rosen Katz Jacqueline Meere Craig Desanto Williamj Smith

New York Life closes historic $6.3bn deal for Cigna unit

SHARE New York Life Insurance capped off 2020 by completing the biggest deal in its 175-year history. The company closed the $6.3 billion cash purchase of a Cigna unit that sells life, accident and disability insurance. The takeover will add roughly 3,000 employees and more than 9 million customers, with the unit operating as a standalone business to be renamed New York Life Group Benefit Solutions. “This acquisition, the largest in our company’s history, reinforces our financial strength b...
New York United States Alain Karaoglan Ted Mathas York Life Group Benefit Solutions New York Life Insurance

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