Windsor, Conn.-based LL Global Inc., the parent company for insurance industry research and trade associations LIMRA and LOMA, recently announced that it has appointed a new board of directors, including two Canadian life insurance industry executives.
Rino D’Onofrio, president and CEO of Mississauga, Ont.-based RBC Life Insurance Co., and senior vice president of RBC Insurance’s Canadian insurance business, was elected vice chairman of the LL Global board of directors for 2016. D’Onofrio, who was first appointed to the board in November 2013, will become chairman in 2017.
Anthony Garcia, president and CEO of the Independent Order of Foresters in Toronto, was also appointed to the board for a three-year term, commencing in 2016.
Deanna Strable, president of U.S. insurance solutions at Des Moines, Iowa-based Principal Financial Group Inc., has been appointed chairwoman of the board for 2016.
Other board members appointed to three-year terms include:
• Brandon Carter, chairman and president of USAA Life Insurance Co.;
• Michael DeKoning, president and CEO of Munich Reassurance Co.;
• Craig DeSanto, senior vice president of the insurance and agency group at New York Life Insurance Co.;
• Robert Ehren, senior vice president of life product manufacturing at Securian Financial Group; and,
• Margaret Meister, executive vice president and chief financial officer, Symetra Financial.
The LL Global board provides oversight and guidance to LIMRA and LOMA, ensuring that the research and education programs they create provide value to member companies.
“The industry is at a pivot point, facing various potential disruptors — demographically, technologically and regulatory,” says Robert Kerzner, president and CEO, LIMRA, LOMA and LL Global, in a statement. “Our members rely on solid, relevant research and education as they adapt to this new world order. We are grateful for the leadership and direction of the board to help us forge a path for the future.”