What You Need to Know
- Cade is the founding president of the Louisiana Association of Black Women Attorneys.
- She spent more than three years as the general counsel at Morehouse College.
- One of her goals is to see how the COVID-19 pandemic has changed insurance pricing, service and accessibility for minorities.
The board of Atlanta Life Insurance has named Lacrecia Cade the company’s new president and CEO.
Cade succeeds Skip Spriggs. Roosevelt Giles continues to be chairman of the board.
Alonzo Franklin Herndon — an entrepreneur, philanthropist and former slave — founded Atlanta Life in 1905. The company now writes term life insurance, property and casualty insurance, group benefits and group reinsurance coverage.
Cade said in a comment on her new role, included in the Atlanta Life announcement, that the insurance industry needs change.
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“Our utmost goal is to achieve this transformation while still serving the needs of vulnerable communities and communities of color,” Cade said.
Cade listing assessing how the COVID-19 pandemic has changed insurance pricing, service and accessibility for minorities as one of her top goals.