LIDMA Appoints Leadership Team for 2012

OneAmerica’s 2011 sales growth:

• 401(k) first year assets: +67%                                    
• Not-for-profit retirement: +31%                                    
• Total individual life sales: +14%                                   
• Whole life sales: +16%                                    
• Group voluntary sales: +32%      

Security Mutual Life, Binhamton, N.Y., promoted Paul K. Mariboe to senior vice president, chief information officer; Vincent J. Montelione, CPA, CLU, ChFC, ACS, to senior vice president, ICS, reinsurance, claims and customer relations; and Scott A. Sylvester to vice president, chief technology officer.

Mariboe joined life insurance firm as vice president, business management in March 2009. He is responsible for assisting in the planning, development and implementation of Security Mutual’s business strategies, including procedures for project data collection, analysis and reporting. Montelione joined the firm in 1985 as associate auditor. He is responsible for field and policy owner service; the company’s individual client services, reinsurance, claims and customer relations departments; and coordinating reinsurer negotiations and treaties. Sylvester started with the company in 2002 as a senior software development team leader in the IT department. He is responsible for managing the company’s software, systems and information technology.

Houston-based American General Life Companies named John Deremo executive vice president and chief distribution officer.

He joins American General from Protective Life Corporation, where he served as senior vice president and CDO, and held overall responsibility for the sales, marketing and distribution functions for both Protective Life Insurance Company and West Coast Life Insurance Company.

American General Life Companies insurers offer a broad spectrum of life insurance, fixed annuities, accident & health products and worksite benefits to serve the financial and estate planning needs of its customers throughout the United States.

With a $2.5 million gift from Cary M. Maguire, chairman and president of the Maguire Oil Company and Maguire Resources Company of Dallas, Texas, the American College announced the endowment of the Cary M. Maguire Center for Ethics in Financial Services.

The mission of The Cary M. Maguire Center for Ethics in Financial Services at The American College is to increase awareness of ethical issues and raise the level of ethical behavior in the financial services industry. The Center will strive to promote ethical behavior through program offerings that go beyond the “rules” of market conduct in an effort to help executives and producers become more sensitive to ethical issues and think more critically about ethical solutions.

The American College is a non-profit educational institution devoted to financial services. The College’s faculty represents some of the financial services industry’s foremost thought leaders.