Insurance Designers of America, LLC, (IDA) announced that David R. Braun, CLU, has joined the firm as senior vice president-Institutional Markets. In his new role Braun will be responsible for working with all IDA partners in furthering life, disability, and long term care insurance sales inside banks, wirehouses, independent broker-dealers, registered investment advisors, and property casualty firms.
“We are excited to have David join us. He will be a great addition to our team,” said J. Craig Collins, president/executive director at IDA. “He is widely known and respected in our industry. His leadership will be invaluable. David’s boundless energy and passion for the insurance business, along with his vast knowledge and experience, will enhance our efforts to grow our business with institutional clients.”
With over 40 years of experience, Braun brings broad-based knowledge of the financial services industry and leadership in managing and developing distribution inside financial institutions. He comes to IDA from iPipeline where he was director of Sales – Financial Institutions.
“I am honored to join Insurance Designers,” Braun said. “They are viewed as an industry leader. Helping to grow their presence in the institutional markets represents a major opportunity. IDA partners are considered among the most respected and talented in supporting financial advisors and the insurance needs of their clients.”
Prior to iPipeline, Braun served as senior vice president at Highland Capital Brokerage where he was responsible for institutional sales. He began his insurance career with the Travelers-Life Division in 1977 in Milwaukee, proceeding to hold several positions with major U.S. financial institutions including Smith-Barney, ReliaStar (ING), Wells Fargo, and Investigo (now part of Broadridge).
Braun is a graduate of Washington and Lee University and holds FINRA Series 7, 63, and 24 licenses as well as his life and health licenses.