BRYN MAWR, Pa., Jan. 24, 2007 (PRIME NEWSWIRE) -- The J.G. Wentworth Annuity Purchase Program(tm) has added Underwriters Marketing Service, Inc. (UMS) to its growing roster of Insurance Marketing Organizations (IMOs). The firm is led by noted insurance marketing executive Mary Ann Lacey-Gray, CLTC.
"We're delighted that a firm of UMS's stature has elected to join forces with us in marketing the Annuity Purchase Program," said J.G. Wentworth Regional Director Ryan Clemency. "Mary Ann's experience and participation on various boards, committees and councils offers an invaluable sounding board for new ideas, and reflects positively on the Annuity Purchase Program."
Ms. Lacey-Gray said that, "We believe the Annuity Purchase Program is an important new addition to the insurance agent's portfolio. Insurance agents, as well as financial planners and advisors all know the real need that many clients have in gaining access to extra funds from time to time due to life changes, and the Annuity Purchase Program will enable them to fill this need, and as a result, form a stronger bond with their clients."
The J.G. Wentworth Annuity Purchase Program(tm) enables individuals to sell their investment annuities for cash. The program is marketed directly to individuals and through IMOs which provide agents and brokers with specialty insurance and financial services products.
About J.G. Wentworth
For more than 15 years, J.G. Wentworth has been purchasing annuities as well as other deferred payment streams. During this time, the company has purchased over $2 billion of future payment obligations. The company's annuity-backed notes are rated AAA by Standard & Poor's and Aaa by Moody's and sold to institutional investors. J.G. Wentworth is based in Bryn Mawr, PA. For more information about J.G. Wentworth, go to www.jgwentworth.com.
About UMS
Underwriters Marketing Service, Inc., entering its 23rd year in business, is a national marketing organization offering sales and marketing support to insurance professionals in the areas of life, annuities, reverse mortgages and long term care. UMS is headquartered in Mt. Laurel, New Jersey, with sales offices in Maryland and Florida and provides sales support to over 3,600 agents.