Ashley Cooper Life International Insurer, a subsidiary of Advantage Insurance Holdings, has changed its name to Advantage Life Puerto Rico.
The change is effective immediately and completes the rebranding of Advantage’s operating subsidiaries that begun in 2013.
Advantage CEO Walter Keenan said, “Projecting a consistent corporate identity across all of Advantage’s operating companies helps our clients and their professional insurance advisors understand that they will receive the same high level of service in Puerto Rico as in any of our other locations.”
“Advantage Life Puerto Rico is one of our fastest growing companies, and we appreciate the Office of the Commissioner of Insurance’s assistance in facilitating our important re-branding effort.”
Advantage Life Puerto Rico holds an unrestricted Class 5 Life-Disability license issued under the International Insurance Center Law of Puerto Rico.
It offers a full range of private placement life insurance products and services to the international market, with face amounts of up to $100 million per insured life.
Policy benefits are backed by Advantage Life & Annuity Company SPC and benefit from additional reinsurance coverage from highly-rated, third-party reinsurers.
