This is Aspida
Financial Ratings
Every great success story starts with a dream. Our dream centered on a shared vision – change. While others survived in monotony, we thrived in evolution. We are Aspida, and this is our story. Year-after-year turned into decades of the same tale from wholesalers, producers, and clients alike. The archaic paper processes in the insurance industry – waiting for paper contracts, waiting for paper signatures and paper approvals, waiting for commission payouts on paper – were cumbersome, slow, and laden with dependencies. So, we listened, adapted, and embraced disruption. We created a business focused on providing retirement solutions to mirror the people we serve and reflect the digital world in which we live. We developed the tools and resources that allow producers, and their clients, to quickly, easily, and securely protect their own dreams. Founded in 2021 by a collective vision of industry professionals with over 200 years of combined experience, Aspida has the financial strength – an A- (Excellent) rating – the security – backed by a leading global alternative investment manager, Ares Management Corporation, with approximately $419 billion 5 in assets under management – and the capabilities – cutting-edge, client-centered platform – to be a trusted partner in its clients’ financial security. We’re leveraging innovation to equip our business to succeed in a digital age. We’re providing retirement solutions with speed, simplicity, and security all while creating user-focused, elegant digital experiences. And we’re driving our growth by doing good for the communities we serve. We’re in the business of helping people achieve – and protect – their dreams. This is our dream. This is our story. This is Aspida.
Business Focus Annuities & Reinsurance
$13.7bn Assets Under Management 3,4
$1.1bn Total GAAP Equity 3,4
200+ Combined years industry experience of leadership
150+ Employees and growing
1AM Best assigned Aspida Life Insurance Company with a financial strength rating of A- (Excellent) on April 28, 2023. 2 As of December 31, 2023. 3AUM and GAAP Equity of Aspida Holdings Ltd. as of September 30, 2023. 4Total Assets and GAAP Equity of Aspida Holdings Ltd. adjusted to a) remove unrealized gains and losses on funds withheld fixed income assets (excluding derivatives) and b) reflect available-for-sale securities at amortized cost.
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