Products May 2, 2011

Allianz Expands Distribution of Annuity Product

Allianz Life Insurance Company of North America announced that it has formed strategic relationships with seven broker/dealers to add the Allianz Retirement Pro Variable Annuity to their advisory platforms.
Reported by

Previously available only through LPL Financial, Retirement Pro will now be offered through Cambridge Investments, Advisor Group (representing Royal Alliance, SagePoint and FSC Securities), Commonwealth Financial Network and Valmark Securities.  

The announcement said Allianz Retirement Pro is an insured retirement solution designed for clients who work with a fee-based investment adviser.  

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In addition, Allianz Life has added to the team supporting the product, led by Corey Walther, Head of Investment Relations and Fee-Based Distribution for Allianz Life Financial Services, LLC.  

The recent hirings include: 

  • Jay Rosoff – Formerly with Allianz Global Investors, Rosoff will be responsible for the Northeast region. 
  • Ryan Hurley – Most recently a Regional Vice President for Allianz Life, Hurley will be responsible for the West region. 
  • Mike Nicola – Formerly a Senior Vice President of Fund Partner Relations for Allianz Life, Nicola will be responsible for the Central region.  

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