August 21, 2014 12:26 PM ET


Company Overview of The Penn Mutual Life Insurance Company

Company Overview

The Penn Mutual Life Insurance Company offers various life insurance and annuity products. The company provides term life, whole life, universal life, variable universal life, and joint or survivorship life insurance products; fixed, variable, and immediate annuities; and business consulting services. It also offers a range of investment products and services, which include mutual funds, stocks, bonds, government securities, and unit investment trusts; wealth management; financial, retirement, and intergenerational planning; and strategic portfolio management; and asset management and other investment services to corporate and institutional clients. In addition, the company provides investme...

600 Dresher Road

Horsham, PA 19044

United States

Founded in 1847

Key Executives for The Penn Mutual Life Insurance Company

Age: 52
Chief Financial Officer
Chief Operating Officer
Age: 39
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: 56
Compensation as of Fiscal Year 2014.

The Penn Mutual Life Insurance Company Key Developments

The Penn Mutual Life Insurance Company Appoints Susan Anthony as National Sales Director

The Penn Mutual Life Insurance Company announced that Susan Anthony has been appointed Penn Mutual's national sales director. In her new role, Anthony will be a field resource for Penn Mutual's Independent Financial Network regional directors and will work closely with front line leadership to provide support, enhance productivity, and leverage best practices across regions. Anthony has been in the financial services industry for 27 years and has a wide range of experience. Prior to joining Penn Mutual, Anthony served as assistant vice president of (M channel) marketing for John Hancock, where she managed a team of wholesalers. She also served as a national key account manager, and as a field vice president with Pacific Life.

The Penn Mutual Life Insurance Company Introduces its New Guaranteed Choice(SM) Whole Life Product

The Penn Mutual Life Insurance Company announced its new Guaranteed Choice Whole Life product that offers individuals, families and business owners guaranteed death protection, dynamic ways to build policy cash value and flexibility to tailor a policy to individual needs. The Guaranteed Choice Whole Life product is a versatile, flexible whole life product that enhances Penn Mutual's overall life insurance portfolio and offers several distinct advantages: Guaranteed permanent death benefit protection and premiums to protect a family's financial security or to help safeguard business interests; Guaranteed cash value accumulation not impacted by market conditions to help support retirement planning, emergency cash needs or any number of life's possibilities; Additional accumulation potential through dividends with a number of different options available as policyholders' protection and funding needs evolve. And while dividends are not guaranteed, Penn Mutual has a strong track record of paying dividends to whole life policyholders; A flexible Policy Payment Period that lets policyholders, at time of policy issue, select the length of time they will make premium payments, so the policy is paid up to coincide with specific situations and goals, such as retirement, children starting college and other important events; An Automated Premium Offset Program, which uses potential dividends to offset the premium payment required to maintain the policy. Guaranteed Choice Whole Life also offers a variety of riders that can add additional security, flexibility and guarantees for individuals and deliver living benefits if the insured becomes chronically ill or disabled. In addition, riders and provisions are available for small business owners to help add versatility to the policy.

The Penn Mutual Life Insurance Company Names Bob A. Ricks as Regional Director of the Texas Region

The Penn Mutual Life Insurance Company named Bob A. Ricks Jr. as regional director of the Texas region.

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