Saybrus Partners acquires Dedicated Distribution Partners
The subsidiary of Nassau Re, Saybrus Partners, LLC, has announced that it has acquired Dedicated Distribution Partners through an asset purchase agreement. The acquisition expands Saybrus Partners’ carrier platform and third-party annuity distribution reach, which already encompasses a broad range of banks and broker-dealers.
Formed in 2014 and based in Columbus, DDP is a nationwide distributor of fixed and fixed indexed annuities for Reliance Standard Life Insurance Company in the independent broker-dealer space. Similar to Saybrus Partners, DDP offers a high-touch wholesaling model, focused on communication, service and cultivating new opportunities, which differentiates the firm in a competitive space.
Led by founder Toby Haun, DDP has 13 employees including six external wholesalers and five internal wholesalers. The firm will continue to operate under the DDP name with Mr. Haun overseeing distribution and sales.