A majority annuity issuer, Jackson National Life Insurance Company, is investing in its ability to communicate with federal, state and local policymakers.
The Lansing, Michigan-based insurer has hired Richard White to be senior vice president of government relations.
White, who previously ran the financial services practice at Thorn Run Partners, a Washington-based lobbying firm, will report to Chad Myers, Jackson’s chief financial officer.
Jackson is a division of Prudential P.L.C., which is based in London, and White will also report to Barry Stowe, the chief executive officer of Prudential’s North American Business Unit.
The U.K. Prudential has no corporate connection with Newark, New Jersey-based Prudential Financial Inc.
Like the U.S. Prudential, and other U.S. annuity issuers, Jackson has been having to deal with uncertainty over state, U.S. Department of Labor and U.S. Securities and Exchange Commission efforts to impose new requirements on marketers of annuities and other financial services products.