Who took over ING Life Insurance?
Who took over ING Life Insurance?
After two years of transforming the strategy, financial profile and culture of the company, ING U.S. began trading as a public company on the NYSE under the ticker symbol VOYA, which represents its future brand identity, Voya Financial.
Is Voya life insurance?
Voya Financial is a well-respected provider of life insurance. However, it discontinued its individual life insurance business segment in 2019. Now, it focuses solely on group life insurance plans for mid-size and large companies. If eligible for its group life policies, you can get whole or term life coverage.
What happened to ING us?
In February 2012, Capital One Financial Corp. bought ING Direct from ING Group for $6.3 billion in cash and 54 million Capital One shares, a 9.7% ownership stake. All accounts were subsequently rebranded to Capital One 360 accounts.
What bank does VOYA use?
Capital One Bank (USA), N.A.
What bank did ING turn into?
Capital One 360
According to an email sent to customers, ING Direct will become Capital One 360. The move follows Capital One’s acquisition of ING Direct USA, the largest direct bank in the country, last June. In addition to the name change, ING’s orange will be replaced by dark blue and maroon.
Is VOYA a reputable company?
Is Voya Financial a good insurance company? Voya has received high ratings from AM Best and the BBB. It is a financially strong company with years of experience. While the insurance company used to offer individual life insurance policies, today it only offers group life insurance and other employee benefits.
Is ing rebranding as Voya?
In March, television and digital advertising began incorporating a tag line to signal that ING U.S. is becoming Voya Financial. Additionally, client- and distributor-focused campaigns are scheduled in the coming months to promote the new brand and support key phases of the rebranding process.
What does the Voya identity mean for ING?
The Voya identity represents a new era in the transformation of ING U.S. At the same time, it closely aligns with what the company is already known for — proactively and optimistically guiding Americans on their journeys to and through retirement.
What is Voya doing to support sustainability?
In recognition of our leadership in supporting sustainability, The Climate Group in partnership with CDP recently announced that Voya is one of only 38 RE100 member companies that source 100% renewable electricity in the U.S.
What is Voya cares®?
Our Voya Cares® program is at the heart of our culture. Voya Cares offers online resources for special needs planning and addresses the unique challenges facing this community. (New: Financial Wellness Guide)