Prudential Life
Prudential Individual Life Insurance, a business of Prudential Financial, Inc., has named Mark Hug executive vice president, product and marketing, and Ronald Herrmann (who joined Prudential following the close of its acquisition of The Hartford’s individual life division in January) executive vice president, distribution.
In his new role, Hug will lead the product and marketing areas, focusing on product solutions to meet the life insurance needs of clients, marketing research analytics, marketing programs and materials, and in-force client management. Prior to this new role, Hug was the executive vice president of marketing and distribution for Prudential Individual Life Insurance, where he had responsibility for all domestic individual life insurance sales.
Herrmann will be responsible for delivering distribution solutions and for managing and fostering relationships with institutional and third party distributors, as well as with the company’s career agency sales force.
At The Hartford, Herrmann served as senior vice president of distribution and sales, with responsibility for all distribution aspects of the individual life division.