GEORGE TOWN, Cayman Islands, Feb. 05, 2018 (GLOBE NEWSWIRE) -- Knighthead Annuity & Life Assurance Company™ is pleased to welcome another new member to our team, Armando Perez, Vice President of Business Development.  Mr. Perez will be working with intermediaries and advisors in Florida to execute distribution strategies that will lead to the firm’s continued growth and advancement.

Mr. Perez joins the Knighthead Annuity family from a similar role at a Bermuda company that provides fixed annuities to several jurisdictions.  Mr. Perez has over 20 years of experience in banking and investment management sales.  He has significant expertise in partnering with and educating clients and advisors at banks and wealth management firms.  Mr. Perez has a well-established history of building long lasting relationships with advisors and is fluent in both Spanish and English.

Mr. Perez commented, “I am excited to be joining the great people at Knighthead Annuity.  This is a fantastic opportunity to join a large and growing company in the fixed annuity business.  I hope to continue to enhance Knighthead Annuity’s commitment to the industry by creating meaningful and prosperous relationships with our industry partners.”

John Harrell, Head of Sales and New Business at Knighthead Annuity noted, “We are thrilled to welcome Armando onboard to cover the Florida area.  He has a great deal of sales experience in our specific market and will be a valuable addition to the business development team.”

About Knighthead Annuity

Knighthead Annuity & Life Assurance Company™ is an AM Best rated insurer that offers fixed annuities to international clients through regulated institutional distribution partners and reinsurance of fixed liabilities to other insurers.  Additional information about the company can be found at www.knightheadannuity.com.

Contact

Nathan V. Gemmiti:  (345) 623-0300 | info@knightheadannuity.com

Knighthead Annuity is not licensed to sell products in the United States.  It is licensed by the Cayman Islands Monetary Authority.  Its products are not offered for sale to any resident or citizen of the United States, in the United States or in any other jurisdiction where distribution or use would be contrary to law or regulations.  Prospective purchasers should obtain independent financial, legal and tax advice to ensure suitability and adherence to any local regulatory requirements.  Ratings are effective June 28, 2017.  For up to date rating information visit www.ambest.com.