On December 15, Southland National Insurance Corporation (SNIC) announced its acquisition of Colorado Bankers Life Insurance Company (CBL).
CBL will continue to operate as a standalone and will even maintain its current operations and management team. The company is located at Greenwood Village, Colorado.
For over 40 years, CBL has been helping its clients with their insurance needs. Aside from individual insurance plans, CBL also offers voluntary, supplemental benefit products via payroll deduction programs with business owners in the U.S. The products allow employees to receive convenient and reasonably-priced financial protection for themselves and their families, while giving employers an opportunity to offer better insurance choices to their employees without incurring additional cost or obligation.
CBL is licensed in 49 states, excluding New York, the District of Columbia, Puerto Rico, and Guam.
SNIC is a stock insurance company that has been active in the industry for more than 45 years. Headquartered in North Carolina and licensed in 18 states, the company offers products and services related to life insurance, annuities and, group dental insurance.
SNIC is also an affiliate of Eli Global, an international information and financial services group based in Durham, North Carolina that operates in three continents. Eli Global has more than $1 billion in assets and offers a broad range of products and services for both private and commercial clients.
