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American Equity Goes Live with Penn River's ProductHub to Improve Product Rules Management

American Equity Goes Live with Penn River s ProductHub to Improve Product Rules Management
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NEWTON SQ, Pa., March 16, 2021 /PRNewswire/ Penn River Inc. announced today that American Equity Investment Life Insurance Company (American Equity), a leading underwriter of fixed indexed annuities, is in production with Penn River s
ProductHub platform. The implementation is the first step in a comprehensive modernization program focused on the design, implementation and management of product rules utilizing Penn River s state of the art platform.
(PRNewsfoto/Penn River)
ProductHub provides as much as a 30% reduction in time to market, and as much as a 25% reduction in carrier product development costs. ....

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American Equity Rolls out Accumulation Product Enhancements

Press release content from Business Wire. The AP news staff was not involved in its creation.
American Equity Rolls out Accumulation Product Enhancements
February 22, 2021 GMT
WEST DES MOINES, Iowa (BUSINESS WIRE) Feb 22, 2021
American Equity Investment Life Insurance Company ®, a leading underwriter of fixed index annuities, announced a series of enhancements to its flagship accumulation product, the AssetShield fixed index annuity. This 5, 7, and 10-year annuity product line now offers new equity and multi-asset index options, as well as the choice to purchase a higher rate on crediting strategies for added growth potential. The new benefits are the latest addition to American Equity’s suite of annuities aimed at helping provide clients safe asset growth choices and the dignity of securing a guaranteed paycheck. ....

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