Digital Insurance acquired Strategic Benefit Solutions of Raleigh, N.C., which merged with the local office of Digital Benefit Advisors (DBA), a division of Digital Insurance. Strategic Benefit Solutions President Henry D. Stewart joins the team.
Last year TriSure Benefit Advisors and BCT, formerly Carolina Benefit Plans, of Raleigh combined forces under the DBA banner.
In other industry news:
Conning, Inc. appointed Brian M. Baczyk as chief data officer.
Baczyk oversees Conning’s data governance and has oversight for data management initiatives across the company’s investment centers in the U.S., Europe and Asia. His responsibilities will encompass establishing and reinforcing company-wide data policies and standards, with the goal to increase efficiencies across all business groups and act as an advocate for data quality.
Baczyk joins Conning after more than 19 years as an institutional investing consultant for institutional investors and clients including AIG, Vanguard, Aetna, Inc. and MassMutual. He previously served as investment officer of Quantitative Research at Aetna where his responsibilities includeded research and the implementation of valuation methods for fixed income securities and equity markets, quantitative asset allocation, and the design and implementation of portfolio management analytic tools. As manager of Equity Investment Systems at Aetna, he had oversight for systems development and maintenance and the selection for all investment and administrative systems.
He has a bachelor’s in Political Science/Computer Science and a master’s in Economics/Finance from Trinity College. He is a Chartered Financial Analyst. Based at Conning’s headquarters in Hartford, Baczyk will report to Jim Romano, chief risk officer.
Colonial Life named Tim Arnold senior vice president, sales and marketing, and Linda Bambacus vice president, service operations.
Arnold is responsible for all areas of the company related to sales and marketing, including sales management, compensation, recruiting, training, product development, research, broker marketing, and public sector marketing. He served as the company’s chief operations officer for the past year after joining Colonial Life from affiliate company Unum US in Chattanooga. During his 25-year career with Unum, Arnold held various leadership positions in the company’s Chattanooga, Tenn.; Worcester, Mass.; and Portland, Maine, offices.
Bambacus joined Colonial Life as a vice president in 2011 with responsibility for helping Unum maintain competitive enrollment systems across its business affiliates. Her new role includes expanded responsibility for Colonial Life’s customer service areas. Bambacus previously worked as a consultant for the Robert E. Nolan Company, Inc. and held various management and executive positions with Blue Cross and Blue Shield in Virginia for nearly 20 years.
Jefferson National completed the integration of its tax-deferred investing solution on Shareholders Service Group’s (SSG) open-architecture custodial platform.
For independent, fee-only registered investment advisors affiliated with Shareholders Service Group, the partnership provides access to more than 380 tax-deferred funds from more than 40 recognized fund families.
For the independent, fee-only registered investment advisors (RIAs) affiliated with Shareholders Service Group, the partnership provides access to more than 380 tax-deferred funds from more than 40 recognized fund families.
The Allianz Retirement AdvantageSM Variable Annuity from Allianz Life Insurance Company of North America is available within Wells Fargo Advisors’ Asset Advisor Program.
Designed exclusively for professionals working within the growing advisory services market, the product is a retirement option that provides opportunities for tax-deferred growth potential or guaranteed lifetime income. Allianz Retirement Advantage offers account choices with varying levels of protection, guarantees and investment options to complement a retirement portfolio, each with its own cost. The annuity provides clients working with a financial advisor at Wells Fargo Advisors opportunities to add a level of protection to their portfolio that’s specifically designed for flexibility, legacy preservation and lifetime income.