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DPL and SS&C Start Exchange for Commission-Free Insurance Products
What You Need to Know
- DPL has been known for distributing commission-free annuities.
- It and SS&C announced the creation of an insurance marketplace in September 2020.
- The list of carriers includes Allianz Life, Great American Security Benefit and Midland National.
DPL Financial Partners has joined with SS&C Technologies to launch an exchange for no-commission insurance products.
The new SS&C Advent Insurance Marketplace Powered by DPL exchange offers annuities, life insurance and disability insurance products.
The list of participating insurers includes Allianz Life, Great American Security Benefit and Midland National.
DPL is a Louisville, Kentucky-based company that’s known for developing a marketplace for no-commission annuities. The company announced it was creating a marketplace for no-commission life and health products in September 2020.
DPL and SS&C developed the new market place to appeal to RIAs and other fee-only financial professionals.
RIAs can help clients get the insurance products through DPL insurance consultants.