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Nationwide, J.P. Morgan and Annexus Honored at Indexed Insurance Forum 2017

December 11, 2017

Innovative Work on Nationwide New Heights Index Option Results in “Deal of the Year” Award

Columbus, OH - Industry leaders Nationwide, J.P. Morgan and Annexus were honored for “Deal of the Year” during an awards ceremony at the SRP Americas Indexed Insurance Forum 2017, held September 13-15 in Des Moines, Iowa.

The award ceremony honored leaders in the indexed product space, including carriers, distributors, product developers and actuaries. The event was hosted by Structured Retail Products, the leading global provider of data and analysis for financial institutions involved in the manufacturing and the distribution of structured products.

Nationwide shared the “Deal of the Year” Award with J.P. Morgan and Annexus for their collaboration on the innovative J.P. Morgan Mozaic IISM Index, which is offered exclusively within Nationwide New Heights® and Summit® fixed indexed annuities.

J.P. Morgan Managing Director Brandon Igyarto, who leads the company’s structured investments team in New York, said, “Our index development team worked closely with Nationwide and Annexus to enhance the original J.P. Morgan MOZAICSM Index design and offer even greater diversification and trading capacity with the J.P. Morgan Mozaic IISM Index. The benefit to clients is an increased opportunity to harness market momentum, smooth volatility, and provide the potential to deliver steady growth through a variety of market environments.”

“The addition of the J.P. Morgan Mozaic IISM Index to Nationwide fixed indexed annuities was intended to help advisors meet their clients' needs, whether it’s growing and protecting savings, creating a stream of lifetime income, or securing a legacy for loved ones," said Eric Henderson, Nationwide senior vice president of life insurance and annuities.

“We’re honored to share this award with Nationwide and J.P. Morgan,” said Annexus Co-Founder Ron Shurts. “It’s a testament to our partnership and shared goal to drive product innovation in the retirement market.” Fellow Co-Founder Don Dady added, “The goal was to bring a complementary index to Nationwide fixed indexed annuities to help improve risk-adjusted returns and ultimately create better client outcomes in retirement. Advisors, consumers and the industry have taken notice.”

According to SRP, “Deal of the Year” award criteria included product size, product performance, and client satisfaction.

About J.P. Morgan’s Corporate & Investment Bank 

J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $22.7 trillion of assets under custody and $421.6 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Further information about J.P. Morgan is available at www.jpmorgan.com.

About Annexus 

Annexus designs solutions to help Americans grow and protect retirement savings. For over a decade, Annexus has developed market-leading fixed indexed annuities and indexed universal life insurance products. In close collaboration with design partner Genesis Financial, Annexus has forged partnerships with Nationwide, Athene and Securian, as well as J.P. Morgan, UBS, Zebra Capital Management, Barclays and Merrill Lynch. A handpicked network of financial professionals use Annexus solutions to help clients take control of their retirement.

About Nationwide 

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s. The company provides a full range of insurance and financial services, including auto, commercial, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; excess & surplus, specialty and surety; pet, motorcycle and boat insurance. For more information, visit www.nationwide.com.


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