06/10/2026 | News release | Distributed by Public on 06/10/2026 07:23
Nationwide's Pension Risk Transfer (PRT) team has won a national award for an outstanding transaction in the PRT market. InsuranceERM, a news outlet focused on insurance risk and capital management, named Nationwide a winner in its 2026 Americas Awards. Nationwide earned top honors in the PRT Deal of the Year category for its work on a highly complex transaction.
The InsuranceERM Americas Awards recognize individuals, teams and companies that exceed client expectations and advance insurance risk and capital management. The program highlights leading work in risk management, actuarial and risk modeling practices, along with standout service and technology providers across the U.S.
"Being named a 2026 InsuranceERM Americas Award winner for our work validates our efforts to meet the evolving needs of the PRT marketplace," said Paula Cole, head of Nationwide PRT. "Our experience in the industry, flexible solutions and extraordinary care that lasts beyond the transition are helping set us apart in a competitive and fast-growing market."
Nationwide completed the award-winning transaction on an exceptionally compressed timeline and delivered a single, integrated solution for all participants, including administration that could seamlessly support Puerto Rico benefits alongside those in all 50 U.S. states. When the broker initially began searching for the unique PRT product needed for this case, they only found two carriers in the industry who could meet the client's needs. At the time, Nationwide was not one of them - but the team quickly jumped into action.
To participate, Nationwide worked in close coordination with multiple internal teams and the broker to successfully bring the unique PRT product to life. That effort enabled the team to meet the plan sponsor's goal of completing the transaction cleanly and confidently while maintaining continuity for participants.
"This transaction reflects Nationwide's ability to deliver certainty under pressure," Cole said. "Operational readiness, governance and participant-focused administration mattered more than price for this plan sponsor, and our team moved with precision and speed to respond. We're honored that InsuranceERM recognized the outstanding work we're doing together."
Visit nationwide.com to learn more about the product and services Nationwide offers to help plan sponsors de-risk pension obligations.
RTM-0187AO
06/2026