has sold certain assets to
GuideOne Life
Acted as the exclusive financial advisor to GuideOne Insurance Group in its sale of GuideOne Life Insurance Company to Kansas City Life Insurance Company. West Des Moines, IA based GuideOne Life sells individual life, annuity and group products through captive and independent multi-line agents, and in 2002 generated over $58 million in direct premiums and annuity considerations. The proceeds will enable GuideOne Insurance to strengthen its capital position and build surplus, and GuideOne Life’s policyholders will benefit from a strong A-rated insurer committed to excellent customer service. $103.1 million transaction.
