Accordia

Accordia Life and Annuity Company is closely tied to the growth of Global Atlantic. Global Atlantic traces its start to 2004 inside Goldman Sachs, later expanding in retirement and protection markets.[1] In 2013, it separated as an independent organization and acquired a life-insurance business line from Aviva USA, renaming that line Accordia Life.[1]

That origin story explains Accordia's role: it has served as an issuing company for life-insurance products within a broader platform that also emphasizes retirement solutions and risk transfer.[1] In 2016, Global Atlantic consolidated branding so products and services were marketed under the Global Atlantic name, even as the underlying insurance entities continued to issue contracts.[1] This kind of consolidation is common when an organization wants one market-facing identity for agents, policyholders, and distribution partners.

Ownership evolved as well. Global Atlantic reports that KKR acquired a majority interest in 2021 and became the sole owner in 2024, aligning long-duration insurance liabilities with a large asset manager's capital and investment capabilities.[1] Through that cycle, Accordia's opportunity has been to pair traditional policy promises with modern distribution and institutional-scale asset management, while staying within the guardrails of state insurance regulation.

Sources: [1] Global Atlantic - Meet Global Atlantic / Our Story (timeline, Aviva USA acquisition, and ownership changes): https://www.globalatlantic.com/meet-global-atlantic.