Insurance

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Phoenix Homelife

Phoenix Homelife was founded in 1851 and operated as an independent life insurer until its 2016 acquisition by Nassau Financial Group. The company provides...

Phoenix Homelife

Phoenix Homelife was founded in 1851 and operated as an independent life insurer until its 2016 acquisition by Nassau Financial Group. The company provides life insurance, annuities and alternative retirement products from its Hartford headquarters. Deployment centers on insurance liabilities and real assets. Confirmed holdings include the One American Row headquarters building, valued at $25M, plus a life settlements portfolio and operating subsidiaries Nassau Asset Management and Nassau Private Credit. Geographic reach stays within the United States, with additional activity through Cayman reinsurance entities. The firm employs no disclosed headcount figure. It maintains The Phoenix Companies Foundation for education and community grants in Hartford and participates in the CIRCA industry association. March 2025: Sponsored the Nassau Reimagine Insurtech Program focused on startup investments. Ownership flows through Nassau Financial Group to Golden Gate Capital as ultimate controller, with Golub Capital as minority partner. This creates a hybrid insurance and private-credit platform rather than a pure family-office structure.

General information

Firm type

Insurance

Year founded

1851

AUM

14300 (Altss estimate)

Location

Region

North America

Country

United States

City

Hartford

Corporate office

One American Row PO Box 5056, Hartford, CT 06102-5056, United States

Additional offices

East Greenbush, NY, United States

Principals

Phillip J. Gass

Chairman and CEO of Nassau Financial Group

Kostas Cheliotis

COO and General Counsel of Nassau Financial Group

Sector focus

InsuranceInsurTechFinTech

Frequently asked questions

Who runs investment decisions at Phoenix Homelife?

Phillip J. Gass serves as Chairman and CEO of parent Nassau Financial Group; Kostas Cheliotis serves as COO and General Counsel (Altss research).

Does Phoenix Homelife participate in fund commitments or only direct deals?

The firm holds direct ownership in operating subsidiaries and limited-partner positions in insurtech startups via Nassau Reimagine (Altss research).

What investment stages does Phoenix Homelife typically target?

Early-stage seed and startup investments in insurtech and fintech through its Reimagine program (Altss research).

Where does the underlying wealth come from?

Phoenix Homelife originated as a 1851 life insurance carrier; current capital derives from insurance premiums and annuity reserves now managed under Nassau (Altss research).

How is Phoenix Homelife related to Nassau Financial Group?

Nassau Financial Group acquired The Phoenix Companies in 2016 and now controls operations (Altss research).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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