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National Guardian Life

Madison-based mutual life insurance company, National Guardian Life Insurance Company (NGL), is pleased to announce that Joe Guyotte joined the Specialty Insurance Markets team as national sales manager—Individual Markets. Guyotte will focus on developing and implementing marketing plans with current and potential marketing organizations. He will also be working with agents for NGL’s individual products lines of business, including EssentialLTC (long term care insurance) and medicare supplement.

“We are excited for Joe to join our growing team. NGL believes in providing people the peace of mind and financial security they want in their retirement years. With the senior population increasing each day, there is a tremendous demand for insurance products that provide benefits to meet their needs. Joe’s extensive knowledge of long term care insurance and other health insurance products will help us continue to expand NGL’s market presence,” said Patrick M. Juarez, NGL vice president and director of Specialty Insurance Markets.

Most recently Guyotte was vice president of National Accounts at Genworth Life Insurance Company where he led the business development activities for many of the nation’s largest insurance distributors. Additionally, he held the role of regional vice president of Sales for Genworth, GE Financial and AIG/American General Life Insurance, wholesaling insurance products to brokerage general agencies throughout the United States. In his various roles he achieved increased year over year product sales and revenue growth.

“I am pleased to join NGL during this time of growth. During my 20 years in the insurance industry I’ve witnessed the benefits of having insurance coverage. I look forward to working with our distribution partners to demonstrate how NGL’s insurance products will offer solutions for our clients,” said Guyotte.

Guyotte holds a Bachelor of Arts degree in Political Science and Public Policy from Plymouth State University. He has achieved CLU and ChFC professional designations from the American College, completed the Certified Financial Planner Certificate from The College of Financial Planning at Northeastern University in Boston and holds the CLTC designation from the Certification for Long Term Care.

Since 1910, National Guardian Life Insurance Company (NGL), a mutual insurance company, has been located in Madison, WI. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products including specialty and student insurance. Information about NGL can be found at www.nglic.com; Facebook:Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company.

National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

LifeSecure

LifeSecure Insurance Company has announced the appointment of Patrick J. Prichard as president and CEO, effective June 1, 2019. The move follows the resumption of former LifeSecure president and CEO Kevin Stutler’s previous position of vice president of Enterprise Ancillary Business at Blue Cross Blue Shield of Michigan, the parent company of LifeSecure.

Prichard joined LifeSecure as Chief Operating Officer in 2016, overseeing all administrative operations, information technology, and human resources.

“Over the past couple of years, Pat led us through some large-scale operational initiatives, such as bringing all of the underwriting and claims functions in-house, which were formerly outsourced,” Stutler said. “This led to much improved service levels and turnaround times for our agents and policyholders. Pat also played a key role in bringing the strategic relationship between BCS Financial and LifeSecure to fruition, resulting in a minority ownership investment by BCS Financial.”

Prior to joining LifeSecure, Prichard held leadership roles within Blue Cross Blue Shield of Michigan, as well as various sales positions at Lincoln National and UnitedHealthcare. His broad experience within the healthcare industry included direction of regional sales, service, provider and agent relations, as well as extensive and ongoing community involvement. He earned his bachelor’s degree from Auburn University.

“Pat’s experience and vision will continue to be positive assets to LifeSecure, as the company continues to build on its mission of providing a different kind of insurance experience to create a better future for its customers,” Stutler added.

Based in Brighton, MI, LifeSecure Insurance Company is dedicated to its mission of delivering a different kind of insurance experience to create a better future for its customers. The company offers accident, critical illness, hospital indemnity and long term care insurance products. LifeSecure is licensed in 48 states and the District of Columbia. Additional information is available at www.YourLifeSecure.com.

National Guardian Life

Madison-based mutual life insurance company, National Guardian Life Insurance Company (NGL), is pleased to announce Lori Gubash and Ginger Wolf joined the Specialty Insurance Markets (SIMs) team as national sales vice presidents. Gubash and Wolf will focus on maintaining and developing strategic partnerships with current and potential marketing organizations and agents. They will have key leadership roles on the SIMs team implementing marketing plans designed for sales and profit growth.

Wolf will focus on NGL’s group products line of business, including dental, vision, GAP, limited benefit medical, etc. Gubash will focus on NGL’s individual products line of business, including EssentialLTC (long term care) and Medicare Supplement.

“We are excited to have Lori and Ginger join our team. They bring over 30 years of insurance experience to NGL. They are results-oriented individuals with a proven success in business leadership and insurance/health care sales,” said Patrick M. Juarez, NGL vice president and director of Specialty Insurance Markets.

Gubash joins NGL from Newman Long Term Care in Minneapolis, MN (a wholly-owned subsidiary of Thrivent Financial) where she was most recently a national sales director. In this multi-faceted role she increased the organization’s footprint from the Midwest to 48 states. She also helped to increase sales year over year. Gubash’s insurance background includes disability, life, accident, cancer, critical illness and supplemental health insurance.

“I am pleased to join NGL during this time of growth and look forward to building brand recognition for the individual portfolio of products in the marketplace. The strength and stability of NGL along with its Midwestern values is a story I’m excited to share with agencies throughout the country,” said Gubash.

Gubash holds a Bachelor of Arts degree in Business Management from The College of St. Scholastica. She holds her CLTC designation and also teaches the LTC four hour re-certification course in Iowa, Minnesota and Wisconsin. Gubash is also licensed in life and health insurance. Gubash has her LILI (Leadership in Life Institute) certification from NAIFA (National Association of Insurance and Financial Advisors) and holds her FIC certification (Fraternal Insurance Counselor).

Wolf was most recently chief of business strategy at Security Administrative Services, LLC and director of business sales and manager of commercial sales at Security Health Plan of Wisconsin based out of Marshfield, WI. Wolf directly oversaw sales and developed successful strategies to achieve financial and growth goals for the commercial business. Wolf’s expertise is in managing broker distribution channels, achieving sales production goals for product lines including life, short-term disability, long-term disability, stop loss and dental.

“I am thrilled to join such a strong organization. My addition to the NGL team demonstrates the company’s commitment to growth. I look forward to bringing my industry experience to NGL to provide additional growth opportunities and outstanding service for our existing partners and future partners,” said Wolf.

Wolf holds a Bachelor of Business Administration from Cardinal Stritch University. She is licensed in health and life/accident insurance.

National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

Information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company.

BenefitMall

BenefitMall, the leading national provider of employee benefits, payroll, HR and employer services, announced its newest innovative technology, Agency Workspace. Agency Workspace will provide a home base for BenefitMall’s technology for brokers to support their clients.

“BenefitMall has been the leader in broker services for more than 40 years,” said Scott Kirksey, chief executive officer for BenefitMall. “The combination of our unparalleled service with our technology, like Agency Workspace, gives our brokers the tools and support they need to succeed in our rapidly changing marketplace. With a steadfast commitment to the role brokers play in the distribution of employee benefits, we commit to extensive market intelligence and product reviews to ensure we offer our partners a best-in-class service and technology experience.”

Agency Workspace is instrumental in streamlining the management of a broker’s BenefitMall book of business. Whether it’s managing their clients, starting or reviewing quotes, setting up enrollments, viewing their commissions or more, brokers instantly get access to the information, tools, and resources they need to empower their agency to succeed.

“Agency Workspace will support agencies of one or many brokers, providing a seamless experience,” said Michelle Sheffield, chief information officer for BenefitMall. “We’re thrilled to improve the broker’s experience with this easy-to-use tool that brings transparency and visibility from pre-sale to post-sale.”

With Agency Workspace comes an advanced support center where brokers can track submitted support cases and live chat with BenefitMall’s new digital support team. Accessible directly from Agency Workspace, this support team is available to advise and assist brokers with product, service and training inquiries via email, live chat and phone.

Agency Workspace is now available to all BenefitMall brokers.

BenefitMall is a national provider of employee benefits, payroll, HR and employer services. Headquartered in Dallas and founded in 1979, BenefitMall®, believes in the power and promise of American enterprise. Working with a network of more than 20,000 Trusted Advisors, comprised of Brokers and CPAs, BenefitMall enables more than 200,000 small and medium sized businesses easy access to affordable quality workforce solutions including employee benefits, payroll, compliance, and HR solutions.

LifeSecure

LifeSecure Insurance Company has launched its worksite long term care insurance (LTCI) in Massachusetts, marking the first time the company is doing business in the state. With the addition of Massachusetts, LifeSecure has grown its national footprint to include 48 states and Washington, D.C.

“We can’t wait to show Massachusetts our innovative approach to insurance,” said Pat Prichard, LifeSecure president and CEO. “Today’s workers have gotten a firsthand look at the challenges and impact long term care has on families, while employers are looking for solutions to help employees protect their later years and future financial health. LifeSecure’s user-friendly worksite LTCI can put solutions within reach for more families, strengthen employee benefit packages, and add versatility to any agent’s portfolio.”

Some 40 million people in the United States are serving as unpaid family caregivers, including 10 million millennials.1 Without a plan or solutions like LTCI, providing long term care can take a major toll on the physical, emotional and financial health of entire families.

By designing a product that’s easy to understand, LifeSecure’s worksite LTCI helps families make informed decisions when planning for potential long term care needs and protecting their finances. LifeSecure’s LTCI offers:

  • Straightforward coverage with just four simple plan designs
  • Flexible benefits that can provide for traditional long term care services, informal caregivers, home modifications, and other options that allow policyholders to receive care in a setting they prefer
  • Plan options to fit almost any size business
  • A simple online application and expedited approval process

In addition to Massachusetts, LifeSecure has launched its worksite LTCI in New Hampshire. The company also released its accident insurance to the individual and worksite markets in North Dakota and Virginia, and its enhanced Hospital Recovery insurance to the individual and worksite markets in Arizona, Connecticut and Minnesota.

Reference:

  1. Millennials: The Emerging Generation of Family Caregivers, AARP, 2018.
    Based in Brighton, MI, LifeSecure Insurance Company is dedicated to its mission of delivering a different kind of insurance experience to create a better future for its customers. The company offers accident, critical illness, hospital indemnity and long term care insurance products. LifeSecure is licensed in 48 states and the District of Columbia. Additional information is available at www.YourLifeSecure.com.

NAIFA, NAILBA

The National Association of Insurance and Financial Advisors (NAIFA) and the National Association of Independent Life Brokerage Agencies (NAILBA) have increased coordination of programs that support member professional development and networking, and political advocacy and engagement on Capitol Hill and in state legislatures across the U.S.

“NAIFA and NAILBA are closely aligned in our commitment to advance the knowledge and professionalism of insurance and financial advisors and position our members as industry leaders in financial services,” said NAIFA CEO Kevin Mayeux, CAE. “This partnership reflects commitments from both organizations to create opportunities to leverage our organizational strengths while ensuring our members have the knowledge to serve their clients and to speak in a unified voice.”

“NAILBA and NAIFA have worked together on previous programs that benefit our members, and we welcome the evolving collaborative relationship to advance our mission of advocating on behalf of the industry, our members and the clients we serve,” NAILBA CEO Dan LaBert said. “Americans’ ability to save and plan for their futures is at an all-time low. Consumers need access to advisors and agents who can help them address the financial realities of retirement. This collaboration demonstrates leadership and forward-thinking strategies to advance industry-wide efforts to bring value to millions of American households and businesses that need our products and services to plan for secure futures.”

Opportunities for formal collaboration in the areas of membership and professional development include:

  • NAILBA and NAIFA will each encourage membership in the other party’s organization.
  • NAIFA and NAILBA will collaborate on mutually agreed upon professional development and education offerings including the NAIFA Life and Annuity Certified Professional (LACP) certification.

Opportunities for formal collaboration in advocacy and government relations include:

  • NAIFA and NAILBA will form a joint task force to foster greater collaboration of advocacy efforts and leadership across both organizations.
  • NAIFA will represent NAILBA on agreed upon industry task forces and coalitions that work to advance the parties’ mutual interests on key legislative and regulatory issues.
  • NAIFA will represent NAILBA on agreed upon issues in state capitals, before state insurance and other financial regulators, and at the federal level as appropriate.
  • NAIFA can provide advocacy experts at NAILBA meetings, as well as lead government relations webinars and other presentations.
  • NAILBA members can participate in NAIFA’s Congressional Conference and NAIFA state chapter Days at the State Capitol.
  • NAIFA can provide grassroots advocacy training for NAILBA members, as well as access to NAIFA GovAlerts and other resources.

“NAIFA has a proud history as the leading advocacy organization in Washington for agents and advisors,” Mayeux said. “We’re pleased to team up with NAILBA to strengthen the industry voice on important matters that lie ahead in Washington and in state legislatures. We must remain vigilant in order to operate in a positive legislative and regulatory environment that benefits the industry and consumers.”

Mayeux cited a number of challenges, including state-run retirement plan proposals, tax reform, and federal and state efforts to revise the standards of care owed by advisors to their clients.

“NAIFA leaders have held meetings with a majority of the SEC Commissioners’ offices to discuss the SEC’s pending Regulation Best Interest proposal. At the same time, advisors in numerous states have largely been successful in opposing legislation that would have cost states a lot of scarce money to set up state-sponsored retirement plans that would needlessly compete with the existing vibrant and comprehensive private retirement planning market,” Mayeux added.

Other challenges include recent amendments to New York State’s Regulation 187 that impose a complicated new standard of care on annuity recommendations and broaden the scope of that regulation to include life insurance as well as annuity products.

“The midterm elections brought dozens of new state and federal lawmakers in office. We need to build relationships and educate these new legislators about our members’ day-to-day activities, and to caution them against taking action that could be harmful to consumers’ access to needed and informed advice, products and services,” LaBert said.

Said Mayeux: “As advocacy partners, NAIFA and NAILBA will work together to ensure lawmakers understand and make informed decisions about our industry and the value and solutions our members deliver to 90 million American families every day.”

Founded in 1890 as The National Association of Life Underwriters (NALU), NAIFA is the oldest, largest and most prestigious association representing the interests of insurance professionals from every Congressional district in the United States. Our mission—to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members—is the reason NAIFA has consistently and resoundingly stood up for agents and called upon members to grow their knowledge while following the highest ethical standards in the industry.

NAILBA is the leading insurance industry organization promoting retirement security and consumer choice in the insurance and financial services marketplace through the use of independent wholesale brokerage distribution channels. NAILBA is the voice of independent brokerage distribution.

Allianz Life

Allianz Life Insurance Company of North America (Allianz Life®) announced that Sherri Du Mond was promoted to senior vice president of FMO Distribution Sales. In her new role, she is responsible for managing relationships with the field marketing organizations (FMOs) that distribute Allianz Life fixed products. She will report to Chief Distribution Officer Eric Thomes.

“Sherri has been with Allianz Life since 2008, and brings a wealth of both company-specific and industry-wide knowledge to the position,” said Thomes. “I am confident in her ability to lead and grow the company’s largest sales channel.”

Du Mond will lead on-going sales initiatives, recruit new distribution relationships, and manage the overall strategic direction of FMO distribution.

Since 2015, Du Mond has been the president and chief executive officer of Questar Capital Corporation and Quester Asset Management Inc. Prior to joining Allianz Life, she held positions at Minnesota Life and Securian Financial Group. She began her career in financial services as a financial advisor at North Star Resource Group.

Du Mond has a BA from Washington University in St. Louis, MO. She earned the RHU designation, and completed the CFP and RICP programs. She holds FINRA Series 6, 7, 24, 63, and 65 securities registrations.

Allianz Life Insurance Company of North America, one of the FORTUNE 100 Best Companies to Work For® in 2019, has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products. In 2018, Allianz Life provided $2.8 billion in benefit payments that helped policyholders’ achieve their financial goals. As a leading provider of fixed index annuities, Allianz Life is part of Allianz SE, a global leader in the financial services industry.

LifeSecure

LifeSecure Insurance Company today announced the initial launch of its enhanced hospital indemnity insurance. Hospital Recovery Insurance with Observation Coverage includes expanded product features that provide additional protection from unexpected out-of-pocket costs following a hospital stay. The product is now available in the individual and worksite markets in 20 states with additional states soon to follow.

“Even a short hospital stay can have a steep impact on a family’s finances,” said Kevin Stutler, LifeSecure president and CEO. “That’s why we designed a more versatile product that can provide families with the support they need through different stages of hospital care, as well as give agents stronger tools to protect more of their clients. This is another example of how LifeSecure won’t hesitate to implement new and innovative ideas that better serve our customers.”

LifeSecure’s Hospital Recovery Insurance with Observation Coverage helps protect families from unexpected expenses that often accompany a hospital stay. With no coordination of benefits and 24/7 coverage, policyholders can use Hospital Recovery benefits to help offset anything from deductibles, prescription medication and other medical costs to daily living expenses, lost wages, and transportation.

Key plan features include:

  • Coverage for an inpatient stay and/or care in an observation unit.
  • A daily cash benefit paid directly to the policyholder following a qualified hospital stay.
  • Emergency Room and Ambulance Benefit Rider for additional protection against other unexpected expenses.
  • Additional riders for diagnostic exams and rehabilitation facilities.
  • Guaranteed renewable coverage for life.
  • Guaranteed issue opportunities for both individual and worksite coverage.

Hospital Recovery Insurance with Observation Coverage is now available in the following states: Alabama, Alaska, Arkansas, Georgia, Illinois, Iowa, Kansas, Louisiana, Michigan, Mississippi, Montana, Nevada, New Mexico, North Dakota, Oklahoma, Pennsylvania, South Dakota, Texas, Wisconsin, and Wyoming.

BenefitMall

BenefitMall, the leading national provider of employee benefits, payroll, HR and employer services, announced its newest innovative technology, Agency Workspace. Agency Workspace will provide a home base for BenefitMall’s technology for brokers to support their clients.

“BenefitMall has been the leader in broker services for more than 40 years,” said Scott Kirksey, chief executive officer for BenefitMall. “The combination of our unparalleled service with our technology, like Agency Workspace, gives our brokers the tools and support they need to succeed in our rapidly changing marketplace. With a steadfast commitment to the role brokers play in the distribution of employee benefits, we commit to extensive market intelligence and product reviews to ensure we offer our partners a best-in-class service and technology experience.”

Agency Workspace is instrumental in streamlining the management of a broker’s BenefitMall book of business. Whether it’s managing their clients, starting or reviewing quotes, setting up enrollments, viewing their commissions or more, brokers instantly get access to the information, tools, and resources they need to empower their agency to succeed.

“Agency Workspace will support agencies of one or many brokers, providing a seamless experience,” said Michelle Sheffield, chief information officer for BenefitMall. “We’re thrilled to improve the broker’s experience with this easy-to-use tool that brings transparency and visibility from pre-sale to post-sale.”

With Agency Workspace comes an advanced support center where brokers can track submitted support cases and live chat with BenefitMall’s new digital support team. Accessible directly from Agency Workspace, this support team is available to advise and assist brokers with product, service and training inquiries via email, live chat and phone.

Agency Workspace is now available to all BenefitMall brokers.

BenefitMall is a national provider of employee benefits, payroll, HR and employer services. Headquartered in Dallas and founded in 1979, BenefitMall, believes in the power and promise of American enterprise.

Allianz Life

To help clients lock in gains and limit losses on their Allianz Life index variable annuities (IVAs), Allianz Life Insurance Company of North America (Allianz Life®) today announced a new automatic performance lock feature.

The new feature locks in the current value on any selected index option with a daily valuation, and gives clients the flexibility to capture increases and limit losses once each index year between index anniversaries. This enhancement is in addition to the manual performance lock feature that currently exists on Allianz Life IVAs.

Each index year, clients who opt in will have the opportunity to set targets above and/or below their current index option value which is determined using the daily adjustment. If that target is met, it will automatically initiate a performance lock for the respective index option on the next business day.1 Targets can be changed or removed for any unlocked index option anytime throughout the index year before the index option is locked. These targets expire on the last business day before the index anniversary, but can be reset for the new index year. The performance lock can be set at any time during the index year.

“This new strategy can help IVA clients who are looking for the opportunity for a level of protection and greater control over their annuity, but still want the potential for growth opportunities,” said Matt Gray, senior vice president, Product Innovation, Allianz Life. “The automatic performance lock can also help relieve financial professionals from constantly having to monitor index option values.”

New Index Option Unlocks International Markets
In addition, clients with Allianz Life IVAs have access to a new index available with crediting methods (also known as index strategies), the iShares® MSCI Emerging Markets ETF, in partnership with BlackRock®.

“With the new index, clients can now access greater global exposure and international diversification opportunities within their IVA,” said Gray.

1. Note that the Index Option Value determined by the Daily Adjustment on the Lock Date could be greater or less than the target reached on the prior Business Day. The locked Index Option Value will likely vary from the selected target.

BlackRock is not affiliated with Allianz Life Insurance Company of North America, Allianz Life Insurance Company of New York, Allianz Life Financial Services, LLC or any of their affiliated companies.

Variable annuities are subject to investment risk, including possible loss of principal. Investment returns and principal value will fluctuate with market conditions so that units, upon distribution, may be worth more or less than the original cost.

For more complete information about Allianz Life Insurance Company of North America index variable annuities and variable options, call Allianz Life Financial Services, LLC, at 800-542-5427 for a prospectus. The prospectuses contain details on investment objectives, risks, fees, and expenses, as well as other information about the index variable annuity and variable options, which clients should carefully consider. Clients should read the prospectuses thoroughly before sending money.

Guarantees are backed solely by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America and do not apply to the performance of the variable subaccounts, which will fluctuate with market conditions.

Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297, and distributed by its affiliate, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. (L40538, L40538-NF, L40538-IAI)

For more information and index disclosure, visit: https://www.allianzlife.com/annuities/index-variable-annuities.