American General Life
American General Life Companies has named James A. Mallon president and CEO; he assumes his new role after serving as president and CEO of American General Life and Accident Insurance Company, a member company of American General, since 2004. He will continue to oversee AGLA.
Mary Jane Fortin, previously president and CEO of American General, has been named chief financial officer of SunAmerica Financial Group, AIG’s life insurance and retirement services division.
Mallon, who has more than 39 years of experience in the life insurance and accident and health markets, joined AGLA as president and CEO in 2004. He previously served as president and chief operating officer of National Life Insurance Company and chairman of Life Insurance Company of the Southwest, a wholly-owned subsidiary of National Life. Additionally, his past experience includes serving as president and chief executive officer of Integon Life Insurance Corporation, as well as chief marketing officer positions at Commercial Union Life Insurance Company of America and Hartford Life and Annuity Insurance Company. Mallon earned his bachelor’s degree from Amherst College and attended Harvard University and the University of New Hampshire’s Whittemore School of Business Executive MBA program. He has earned FINRA Series 7 and 24 licenses.
American General Life Companies has also named John Deremo executive vice president and chief distribution officer.
Most recently at Protective Life Corporation, Deremo held overall responsibility for the sales, marketing and distribution functions for both Protective Life Insurance Company and West Coast Life Insurance Company. During his 20 years at Protective Life, he built a strong track record of success by strategically growing their presence in the life and annuity marketplace.
Before joining Protective Life, Deremo co-founded Spectra Financial Inc., leading the national marketing and sales areas. He began his career with Pacific Mutual in 1979.
