Insurance Industry Veteran to Lead Next Stage of Growth
Rocky Hill, CT (January 20, 2010)
Futurity First Insurance Group, a nationwide, independent, career agency insurance organization, today announced the appointment of Michael Kalen as Chief Executive Officer. Mr. Kalen succeeds Edward Berube, who will remain with the company as Founder, Director and Advisor.
“Since inception, we have worked to build a wholly independent and full-scale distribution organization focused exclusively on providing middle-income families and businesses with life, health, and annuity products,” said Sandra Wijnberg, non-executive Chairman. “Mike’s broad experience and successful career in the industry makes him an ideal leader to succeed Ed and lead the Company through the next phase of its development.”
“I am excited to lead Futurity First,” said Mr. Kalen. “Ed and his team have established a national distribution network of agents and managers and a portfolio of quality insurance carriers and products for Futurity First’s customers. I plan to continue to build a market-leading distribution organization positioned to serve the needs of the broad insurance market. Our unique combination of products, producer support, and technology will enable our agents to provide our customers the best possible solutions to their insurance needs.”
Mr. Berube added, “This seamless transition is possible due to the skills and commitment of Futurity First’s management team in the home office and the field and Mike’s talent, leadership, and experience. I look forward to my new advisory role and to supporting Mike in the ongoing development of our company.”
Mr. Kalen joins Futurity First from The Hartford Financial Services Group, where he was Executive Vice President of Hartford’s individual life group, leading Hartford’s life insurance business to four consecutive years of sales and earnings growth. Most recently, he served as Senior Vice President, Strategic Finance, a role in which he was responsible for enterprisewide expense restructuring and business development. He was also CEO of Hartford Life Europe which, under his leadership, posted significant growth in market position and revenues. Prior to joining The Hartford, Mr. Kalen held various senior positions at Prudential Financial, where he began his career in 1982.
About Futurity First Insurance Group
Futurity First Insurance Group is a nationwide, independent, career agency distribution organization specializing in the financial security and retirement needs of middle-income families and business owners. Launched in January 2008, the company’s mission is to provide its customers with the professional services of a community-based career agent, a solution-focused planning process designed to address their specific interests and needs, and a choice of top-quality products from some of the leading companies in the life and health insurance industry. For more information, please visit www.futurityfirst.com.
Media Contacts:
Susan Bumstead Chanley
Futurity First Insurance Group
Telephone: (781) 587-0115
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