Gracie Point Holdings Expands Financial Services with Launch of GP Affluent Markets
Gracie Point Holdings Expands Financial Services with Launch of GP Affluent Markets
Gracie Point Holdings, LLC, a recognized leader in life insurance premium finance solutions, has officially launched GP Affluent Markets. This independent financing company aims to cater specifically to the affluent market by providing customized life insurance payment solutions tailored to high-net-worth individuals.
Located in key global financial hubs such as New York, Hong Kong, and Toronto, GP Affluent Markets is positioned to effectively serve a diverse clientele that includes wealthy individuals, skilled financial advisors, and prominent institutions. The company is set to deliver meticulously crafted financing options aimed at improving asset liquidity, enhancing policy performance, and offering flexible payment structures for significant life insurance premiums.
This initiative is further backed by strategic investments from Kuvare and Hudson Structured Capital Management Ltd., both reputable entities in the field of financial services. Their investment highlights the increasing need for independent life insurance financing solutions that are tailored to meet the expectations of discerning clients.
By collaborating closely with trusted financial advisors, GP Affluent Markets aspires to offer bespoke financing alternatives that align with the unique financial goals of policyholders. As an independent organization, it seeks to maintain a client-centric approach that empowers clients with the flexibility they desire when making premium payments.
At the helm of GP Affluent Markets is Dean J. De Marco, appointed as the Chief Executive Officer. Known for his innovative contributions to the life insurance financing industry, De Marco is recognized for his extensive expertise and commitment to providing advanced financial solutions tailored for affluent clients. He expresses a strong vision for the new venture, stating, "The launch of GP Affluent Markets represents a significant step in expanding access to independent and specialized life insurance financing. Our Global footprint enables us to cultivate a well-diversified loan portfolio. While the North American markets have recently deviated toward more aggressive concepts, we are committed to delivering more substantive, sound and suitable loan designs."
Gracie Point's CEO, Harish Raghavan, emphasized the company’s ambition to continuously innovate. He stated, "At Gracie Point, we are constantly seeking ways to expand financing options for our clients. The launch of GP Affluent Markets will focus solely on creating state-of-the-art financing options required by high-net-worth consumers."
About Gracie Point Holdings: Gracie Point is a pioneering provider of life insurance premium financing that adopts a consultative and personalized approach. By merging insurance, finance, and loan servicing expertise, the firm serves a market comprised of affluent, high-net-worth, and ultra-high-net-worth clients through relationships with agents and brokers. Their deep market knowledge allows for swift identification of optimal financing structures, enabling them to outpace competitors in speed and efficiency. Concentrating solely on premium financing ensures that Gracie Point can collaborate effectively with insurance agents without impinging on their client relationships.
With offices not only in New York but also in Toronto and Hong Kong, Gracie Point is well-equipped to address the needs of clients across both North America and Asia.
About Kuvare Holdings: Founded in 2015 and headquartered in the Chicago area, Kuvare Holdings stands out as a dynamic platform that provides a variety of life insurance and annuity products, alongside reinsurance solutions for institutional markets. Kuvare is committed to sustainable, long-term growth, showcasing a broad portfolio that includes Lincoln Benefit Life Company and United Life Insurance Company. Their investment management segment, Kuvare Strategic Investments, enhances the unified approach toward achieving growth aims.
About Hudson Structured Capital Management Ltd. (HSCM): Established in 2016, HSCM specializes in assets within the reinsurance and transportation sectors, operating globally with a focus on markets expected to grow at a faster pace than global GDP. With offices located in Bermuda, Connecticut, and New York, HSCM considerably contributes to innovative investment solutions across these industries.
For media inquiries, please reach out to Dean J. De Marco at [email protected] or call 646-757-9441.