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November 23, 2009 10:00 AM ET
Insurance
Penn Mutual Life Insurance Co.

Company Overview

The Penn Mutual Life Insurance Company, together with its subsidiaries, provides life insurance and annuity products. The company offers its products for protection, wealth accumulation, retirement planning, and estate planning. It provides term life, whole life, universal life, variable universal life, and joint or survivorship life insurance products. The company also offers annuities, including deferred annuities and immediate annuities that provide fixed or variable investment options. In addition, it offers guardianship, estate settlement, and tax services, as well as provides wealth management, financial services, and investment banking products and services. The Penn Mutual Life Insur...

Detailed Description

600 Dresher Road

Horsham, PA 19044

United States

Founded in 1847

Phone:

215-956-8000

www.pennmutual.com

Key Executives

Chairman of the Board of Trustees
Chief Financial Officer and Executive Vice President
Chief Executive Officer of The Pennsylvania Trust Company and President of The Pennsylvania Trust Company
Chief Executive Officer of Janney Montgomery Scott LLC and President of Janney Montgomery Scott LLC
Age: 51
Chief Executive Officer of Hornor Townsend & Kent Inc and President of Hornor Townsend & Kent Inc
Compensation as of Fiscal Year 2009.

Key developments for Penn Mutual Life Insurance Co.

Penn Mutual Life Insurance Co. Appoints William J. Stevens as Vice President of Field Learning and Development

The Penn Mutual Life Insurance Co. hired William J. Stevens as vice president of field learning and development. He will be responsible for creating strategies to drive the learning agenda for Penn Mutual's field leaders and producers and will coordinate training efforts such as building of skills and mastery or prospecting, marketing, product, technology and selling systems. Previously, Mr. Stevens served as assistant vice president for agency growth, development and agency integration, and was responsible for recruiting field leadership and the development of agencies at New York-based Guardian Life Insurance Company of America.

Penn Mutual Life Insurance Co. Announces Management Appointments

Penn Mutual Life Insurance Co. has promoted Joseph R. Radovic, 36, to managing director of the Jonson Agency, its career agency in Washington, from sales manager. The firm has also promoted Kevin Moyer, 41, to assistant vice president of annuity services, new business, contracts, licensing, and registration and commissions, from director of the annuity services center. In addition, the insurer has hired Joseph P. Mallee III, 30, as a management associate and the director of advanced planning at Independence Financial Associates, Penn Mutual's career agency in Conshohocken, Pa., from director of advanced planning. He will serve as the macro manager for advanced-planning cases, coordinating the efforts of attorneys, accountants and trust officers.

Penn Mutual Life Insurance Co. Announces Several Promotions

Penn Mutual Life Insurance Co. has announced several promotions. C. Bayne Northern was named vice president of annuity distribution. She had been national sales manager of annuity distribution. Marsha Kohl was named vice president of practice management. Kohl had been assistant vice president, sales support operations.

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