AUSTIN, Texas, July 31, 2017 /PRNewswire/ -- National Western
Life Insurance Company announced today the appointment of
R. Bruce Wallace to the position of
Senior Vice President and Chief Marketing Officer of its Domestic
Insurance operations after an extensive search.
"It was worth the wait to fill the position," said Kitty Nelson, National Western Life's President
and Chief Operating Officer. "Bruce brings a wealth of
experience in strategic distribution and is the right person to
expand the reach of our Domestic Life products."
Most recently, Wallace was the Senior Vice President and Head of
Strategic Distribution for Voya Financial. Previously, he was the
Managing General Agent of the Eastern U.S. for Nationwide
Financial. Wallace also built two successful financial service
agencies with Guardian Life and New York Life. He earned his
bachelor's degree from Baylor
University and the Chartered Life Underwriter (CLU)
designation from The American College. Wallace remains active with
the Life Insurance Marketing Research Association (LIMRA), GAMA
International, and NAIFA.
As an industry veteran who has advised or led the marketing and
distribution efforts of a number of major carriers, Wallace
commented on National Western Life, "The Company has a great
foundation in annuity and single premium life sales upon which to
build." He added, "The challenge and opportunity is the same –
increase the flow of periodic premium from Domestic Life products.
National Western Life is perfectly poised to accomplish this, and
that is why I am excited about this opportunity."
About National Western Life:
National Western Life Insurance Company (NWLIC) is a wholly
owned subsidiary of National Western Life Group, Inc. (Nasdaq:
NWLI). Founded in 1956, NWLIC is a stock life insurance
company with a broad portfolio of individual universal life, whole
life, and term insurance plans, as well as annuity products and
investment contracts, meeting the financial needs of its customers
in 49 states as well as residents of various international
countries. NWLIC has 275 employees and approximately 29,500
contracted independent agents, brokers, producers, and consultants.
At March 31, 2017, National Western
Life Group, Inc. maintained total consolidated assets of
$12.0 billion, stockholders' equity
of $1.7 billion, and life insurance
in force of $20.5 billion.
Release Contact:
Paul T. Garofoli
Vice President, Head of National Marketing Organization
Distribution
Phone: 800-760-3434, extension 207
FAX: 512-339-8350
pgarofoli@nationalwesternlife.com
www.nationalwesternlife.com
View original
content:http://www.prnewswire.com/news-releases/national-western-life-announces-appointment-of-wallace-as-chief-marketing-officer-300496573.html
SOURCE National Western Life Insurance Company