Genworth: A Message from Jim Boyle, Genworth’s President U.S. Life Division
Valued Distribution Partners,
As Tom McInerney shared with you, I joined Genworth in February to lead the U.S. Life Insurance Division. After 30 years in the industry, including a variety of leadership positions with Hancock, and a brief attempt at retirement, I was excited to get back in
the game and help Genworth to execute on their strategy.
I’ve long believed Genworth to be a strong company, with a history that has been shaped by many of you. Our long standing distribution relationships are a testament to the foundation the company is built upon. Now that I’ve been with the company for a couple of months, I wanted to share my observations with you.
I am very excited about the opportunities for growth and market leadership at Genworth. We, along with you, help consumers solve very real problems – and the market
opportunities are huge. Virtually every baby boomer will need long term care. We are well positioned to capitalize on this great opportunity with innovative solutions including
individual LTC and linked benefit products. Additionally, we are continuing to enhance our life portfolio and are very pleased with the growth we are experiencing this year. Lastly,
our annuity product offering has never been stronger.
I’ve recently realigned the organization to position us better to pursue our growth opportunities while providing more support to you. I’m excited to announce we will be aligned by business, bringing focused attention to each business line. I
am naming business leaders as follows:
Elena Edwards, President, Long Term Care Insurance
— National Sales Manager: Bob Eckhart
Lou Hensley, President, Annuities
— National Sales Manager: Eric Taylor
Kevin Smith will act as President of Life Insurance on an interim basis, as we complete our internal and external search.
— National Sales Manager: Brian Bulakites
Our National Sales Management team will continue to lead our wholesaling teams. Our Account Development team has also aligned by business. This means National Marketing Organizations may receive additional support as we focus our
efforts by business line.
This is an exciting time at Genworth and I’m looking forward to working with you to reach our goals. If you have any questions, feel free to reach out to me directly or contact
any member of the Genworth team.
–Jim
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