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Penn Mutual Adds Tar Heel State Agency

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A large life insurer has expanded its career agency system.

Penn Mutual Life Insurance Company, Horsham, Pa., has added Navigon Financial Group Inc., Durham, N.C., to its life insurance distribution network and to the distribution network for its Hornor, Townsend & Kent Inc. broker-dealer subsidiary.

The agency sells life insurance, annuities and other products to consumers in the Raleigh-Durham area, Penn Mutual says.

R. Graham Self, the manager of Navigon, previously was affiliated with Nationwide Financial Services Inc., Columbus, Ohio, Penn Mutual says.

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