In accordance with Fitch's group rating methodology, at this time Fitch still considers OMFN
as a very important part of Old Mutual's overall strategy.
also continues to make progress in expanding life sales, with a focus on marketing mortgage term and universal life sold through brokerage channels.
To contact Steve Blum about OMFN
annuity products, email him at steven.
To contact Scott Heinila about OMFN
annuity products, please email him at scott.
Prior to joining OMFN
, Schrampfer served as Sales Manager, Bank Relationship/Registered Representatives at Jackson National Life.
Reaching this under-served market inspired OMFN
to create alternative solutions to satisfy their needs, such as protecting large families, achieving "The American Dream" and having the same insurance ownership opportunities as everyone else.
Due to its concentration in annuity liabilities, OMFN
is exposed to substantial interest rate risk, especially spread compression at times of low interest rates.
John Clifford, Old Mutual's Executive Vice President for US life operations commented, "Barry's solid track record with highly regarded industry heavyweights, well-rounded background and leadership style are an ideal fit for a growing company such as OMFN
Added Hoitt, "I'm confident he will competitively position OMFN
as a dominant player in the northeast territory.
John Phelps, Vice President, Life Distribution commented, "Jerry's highly honed skills in the advanced markets and middle market will serve OMFN
well as we continue to build momentum in the life insurance marketplace.
For more information about IncomeCertain, please contact OMFN
Pat joins OMFN
from Jefferson National/Inviva Securities where he served as National Sales Director since March 2003.