Aspida Life Insurance Company holds an A- (Excellent) rating from AM Best and has rapidly grown into one of the more active carriers in the MYGA and fixed index annuity market since rebranding from Global Bankers Insurance Group in 2021. Based in Charlotte, North Carolina and backed by Ares Management Corporation — one of the largest global alternative asset managers — Aspida brings institutional financial backing and competitive product pricing to the independent agent channel.
This review covers Aspida’s financial strength, annuity product lineup, and contact information.
Aspida at a Glance
| Detail | Information |
|---|---|
| Full Legal Name | Aspida Life Insurance Company |
| Formerly Known As | Global Bankers Insurance Group |
| Parent Company | Ares Management Corporation |
| Headquarters | Charlotte, North Carolina |
| AM Best Rating | A- (Excellent) |
| Products Offered | MYGAs (Synergy Choice series), Fixed Index Annuities |
| States Available | Most states (varies by product) |
| Minimum Premium | $10,000 (varies by product) |
Aspida’s Financial Strength
Aspida holds an A- (Excellent) from AM Best and is backed by Ares Management Corporation — a global alternative asset manager with $400+ billion in assets under management. The Ares backing provides institutional-grade investment management and capital support that underpins Aspida’s ability to offer competitive MYGA rates while maintaining A-rated financial standing.
Aspida was formerly known as Global Bankers Insurance Group before rebranding in 2021. The rebrand reflected the company’s growth trajectory and its shift toward broader consumer and independent agent distribution. The A- rating and institutional parent represent a meaningful step up from the smaller, startup positioning the company had in its earlier years.
What Types of Annuities Does Aspida Offer?
- Multi-Year Guaranteed Annuities — Synergy Choice Series: Aspida’s Synergy Choice MYGA series is available in multiple term lengths with competitive rates in the A- tier. Guaranteed fixed rates from issue date through maturity with no market exposure. Download the Aspida Synergy Choice brochure.
- Fixed Index Annuities (FIAs): Aspida’s FIA products offer index-linked growth with a zero-loss floor. Available through independent agents with multiple index crediting strategy options.
Aspida MYGA Rates
Current Aspida MYGA rates from our live rate feed:
Current MYGA Rates
Live rates from AnnuityRateWatch · Rates updated March 26, 2026
| Product | Term | Rate (APY) | Min Premium | Last Rate Change | |
|---|---|---|---|---|---|
|
Synergy Choice 3
AM Best A- |
3 Years | 4.35% | $100,000+ | Mar 24, 2026 | View Details → |
|
Synergy Choice 3
AM Best A- |
3 Years | 4.2% | $25,000+ | Mar 24, 2026 | View Details → |
|
Synergy Choice 5
AM Best A- |
5 Years | 5.1% | $100,000+ | Mar 24, 2026 | View Details → |
|
Synergy Choice 5
AM Best A- |
5 Years | 4.95% | $25,000+ | Mar 24, 2026 | View Details → |
|
Synergy Choice 7
AM Best A- |
7 Years | 5.3% | $100,000+ | Mar 24, 2026 | View Details → |
|
Synergy Choice 7
AM Best A- |
7 Years | 5.15% | $25,000+ | Mar 24, 2026 | View Details → |
Rates apply to standard products. State availability varies. Not an offer or solicitation. Always verify current rates before purchasing.
Who Is Aspida Best For?
- MYGA buyers looking for competitive A- rates from an institutionally backed carrier: The Ares backing adds a layer of institutional credibility to Aspida’s A- rating. Buyers who want A-rated financial strength with yields that compete at the top of the A- tier will find Aspida worth evaluating.
- FIA buyers who want a growing, innovation-focused carrier: Aspida has been active in expanding its FIA product designs and crediting options. Buyers looking for a nimble, newer carrier with modern product features may find Aspida’s FIA lineup compelling.
- Independent agent channel buyers: Aspida distributes exclusively through independent agents, making its products accessible through any independent annuity specialist.
Contact Aspida
| Contact Method | Details |
|---|---|
| Website | www.aspida.com |
| Customer Service | 1-800-349-1705 |
| Mailing Address | Aspida Life Insurance Company 4350 Congress Street, Suite 900 Charlotte, NC 28209 |
| Hours | Monday–Friday, 8 a.m.–5 p.m. ET |
Compare Aspida Against Other Carriers: My Annuity Store compares Aspida alongside Athene, F&G, EquiTrust, and 20+ other top-rated carriers. Get a free comparison quote or call 855-583-1104.
