Lowenstein Sandler represented Dayforward Inc., a digitally native insurance technology company, in its acquisition by leading global reinsurer Fortitude Re through a newly formed entity renamed “Fortitude Life,” which will operate as a subsidiary of Fortitude Re under Dayforward’s leadership. The acquisition leverages Dayforward’s proprietary end-to-end platform designed to support annuity distribution partners, advancing Fortitude Re’s long-term strategy to build capabilities that support clients across a broad range of insurance channels with competitive pricing and world-class service.
Dayforward’s integrated platform supports the full policy lifecycle, including agent onboarding, application processing, policy issuance, commission payments, and in-force servicing. Fortitude Re intends to broaden its capabilities across insurance technology, distribution, and policy administration.
The Lowenstein team included Alex D. Leibowitz, Kevin Colan, Adam Dickson, Taryn E. Cannataro, Lauren N. Russell, Chelsea Wong, and Anthony O. Pergola.
