The Life Insurance Direct Marketing Association (LIDMA), Atlanta, Ga., announced its leadership team for 2012.
The new president of LIDMA is Andy Meehan, president of Southeastern Financial Group, LLC. He replaces Pat Wedeking, president of Quick Life, who had served as LIDMA’s president since the organization’s inception in 2006. Wedeking remains with the organization as chairman of the board.
Other officers for 2012 are:
- Vice president: Jeff McCauley of MarkeTech
- Secretary/Treasurer: Cindy Farrow of ING US Life Division
Also announced were LIDMA’s Directors for 2012:
- Staci Birk, ExamOne
- Maura Reilly, SBLI
- John Reynolds, iPipeline
- Kris Tomasini, Transamerica
- Byron Udell, AccuQuote
- Nicole Ward, Pinney Insurance Center
LIDMA’s advisory board members for 2012 are:
- Shervin Eftekhari, ReliaQuote
- Brian Casey, Esq., Locke Lord Bissell & Liddell, LLP
- Patrick Hatfield, Esq., Locke Lord Bissell & Liddell, LLP
- Gina Grantham, CAE, LIDMA
In other industry news:
In time for National Financial Literacy Month, the National Association for Fixed Annuities released Tips to Remember When Buying a Fixed Annuity, a new publication designed to educate consumers who are considering a fixed annuity to save for retirement
The new resource provides consumer-focused tips to educate and inform. With just a few simple steps, consumers can understand how to protect themselves and ensure that the annuity they purchase is suitable for their financial needs. This publication and other resources are available to educate consumers at www.FixedAnnuityFacts.org.
In 2004, the US Senate unanimously passed a resolution declaring April to be National Financial Literacy Month, with its goals being to teach Americans how to establish and maintain healthy financial habits. April 9-13 is also National Retirement Planning Week, which is sponsored by the National Retirement Planning Coalition.
The companies of OneAmerica Financial Partners, Inc., Indianapolis, Ind., sold more retirement business and individual life insurance in 2011 than ever before. The OneAmerica companies set new records in 2011 for sales, assets, earnings, capital and statutory premium. Led by a 51 percent increase in retirement plan sales, total sales grew by 29 percent over 2010’s previous record levels. In addition, total assets reached a record of nearly $26 billion – a seven percent increase.