Foresters CEO one of six new members for three year term
(Toronto, ON, November 24, 2015) – LIMRA and LOMA has announced the appointment of Anthony (Tony) M. Garcia, Foresters President and CEO, to the LL Global Board of Directors.
Tony is one of six new members elected to the board for a three-year term, commencing in 2016.
As a member of the LL Global board, the non-profit parent company for financial trade organizations LIMRA and LOMA, Tony will provide oversight and guidance to LIMRA and LOMA, ensuring that their research and education programs provide value to member companies within the financial services industry.
“I’m honored to be appointed to the LL Board of Directors,” says Garcia. “As a financial services provider, we rely on LIMRA reports regularly for insights and trends so I’m looking forward to working alongside my peers to help shape further research and education.”
Tony has more than 26 years of experience in the North American life and annuity industry.
He is also on the Board of Trustees for The American College and has previously served on the Board of Directors of the Cary M. Maguire Center for Ethics in Financial Services at The American College and the Board of Directors, American Council of Life Insurers.
About Foresters
For over 140 years, Foresters™, an international financial services provider, has fulfilled its purpose to enhance family well-being for its members and the communities where they live. A fraternal benefit society, Foresters offers quality life insurance and investment products, unique member benefits and inspiring community activities. Foresters shares its financial strength with more than one million members in Canada, the United States and the United Kingdom. Foresters has assets of almost $12 billion, total funds under management of $28 billion and a surplus of $1.9 billion (all figures in Canadian dollars as of December 31, 2014) and maintains an “A” (Excellent) rating by A.M. Best¹. For more information, visit foresters.com.
Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries.
1An “A” (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A- being excellent ratings. In assigning Foresters rating on July 1, 2015, A.M. Best stated that the rating outlook is “stable” which means it is unlikely to change in the near future. See ambest.com for our latest rating.
About LL Global
LL Global is the non-profit parent company for LIMRA and LOMA. LL Global provides a unified management and board structure for both trade associations. LIMRA and LOMA have a combined membership of more than 1,200 insurance and financial services companies worldwide.
About LIMRA
LIMRA, a worldwide research, consulting and professional development organization, is the trusted source of industry knowledge, helping more than 850 insurance and financial services companies in 64 countries. Visit LIMRA at www.limra.com
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