What You Need to Know
- Nagengast moved to Penn Mutual from Ameritas.
- Brown & Brown has an absence services market development VP.
- MetLife has a new regional president in Asia.
The Penn Mutual Life Insurance Co. has hired Heather Nagengast to be head of its career agency system.
Previously, she was president of Ameritas Investment Co./Ameritas Advisory Services, the broker-dealer and registered investment advisor arm of Ameritas.
She has also been director of institutional sales at Senior Market Sales.
She has a bachelor’s degree from the University of Nebraska at Omaha.
Brown & Brown
The Brown & Brown Absence Services Group has hired Kimberly Mashburn to be vice president of market development.
Brown & Brown is a Daytona Beach, Florida-based insurance broker.
The absence services group provides claims management services and other services for disability insurance and absence management programs.
Mashburn was previously the national absence practice leader at Sun Life.
She has also worked in sales, consulting and other roles at Unum, Clarity Benefits Consulting, Prudential Financial, Pacific Resources, Spring Consulting Group and The Hartford.
She has a bachelor’s degree in nursing from the University of Tennessee, Knoxville.
She serves on the boards of the Disability Management Employer Coalition and of the Integrated Benefits Institute.
Venerable — a West Chester, Pennsylvania-based company that takes over and manages life insurers’ unwanted blocks of annuity business — has announced two changes involving people who have been associated with Voya.