BRAINTREE, Mass., March 30, 2020 /PRNewswire/ — The Board of Administrators of MIB Group, Inc. has named Brian Winikoff as President & CEO, efficient instantly, to succeed Lee B. Oliphant upon his deliberate retirement. As well as, Winikoff will develop into a member of MIB Group, Inc.’s Board of Administrators.
Jim Hohmann, Chairman of the MIB Board mentioned: “After a disciplined and in depth search, the Board is worked up that Brian is becoming a member of MIB as CEO. Brian is a confirmed and dynamic trade chief, who has broad expertise, perspective and relationships throughout the monetary providers trade.”
Michael C. S. Fosbury, Vice Chairman of the MIB Board mentioned: “Brian is nicely acknowledged all through the monetary providers and know-how industries as a proficient and visionary chief who’s uniquely certified to information MIB at this crucial time. We stay up for working with Brian to make sure a clean and profitable transition.”
Mr. Winikoff mentioned: “I am honored to have the chance to guide MIB, a protracted standing chief in offering threat administration providers to the life and medical health insurance trade. This can be a dynamic time for the insurance coverage trade, and MIB is ideally positioned to play an growing position supporting our purchasers’ underwriting, threat administration and progress objectives. I stay up for working with our workforce to develop and implement transformational methods to help our purchasers’ targets whereas guaranteeing MIB continues to seamlessly present the mission crucial services we provide at present.”
Previous to becoming a member of MIB, Winikoff was Sr. Govt Director and Head of AXA Equitable Holdings’ US Life, Retirement and Wealth Administration companies, the place he was accountable for main the corporate’s Life Insurance coverage, Worker Advantages, Particular person Annuities, Group Retirement, Mutual Fund, Advisory and Dealer-Vendor divisions, which had combination income of over $10 billion and earnings of over $2 billion. Beforehand, Winikoff was President & CEO of Crump Life Insurance coverage Companies, a number one impartial dealer and repair supplier to the life insurance coverage, retirement and well being markets. Winikoff started his profession as an funding banker with Salomon Brothers stationed within the US and abroad, and held senior administration positions with early stage and mature corporations targeted within the know-how and communications industries.
MIB thanks the Board of Administrators for his or her help and extends a particular due to members of the MIB Search & Compensation Committees for his or her effort to seek out the subsequent CEO:
- Jim Hohmann, (Chairman of the Board, Search & Compensation Committees), Chairman & CEO, Constancy Life Affiliation
- Bruce Baude, Chief Operations & Know-how Officer, CNO Monetary Group, Inc.
- Dean Del Vecchio, Chief of Operations & Chief Info Officer, The Guardian Life Insurance coverage Firm of America
- Michael C. S. Fosbury, President & CEO, Columbian Mutual Life Insurance coverage Firm
- Greg Linde, Senior Vice President – Particular person Life, Principal Monetary Group
The Board counseled Mr. Oliphant for his management. Mr. Hohmann commented: “For over twenty years, Lee has efficiently guided the corporate and has led the growth of recent worth added providers to our purchasers, corresponding to Digital Well being Data. On behalf of the Board and the Membership, we thank Lee for his service and want him the perfect sooner or later.”
Mr. Winikoff mentioned: “I want to congratulate Lee on his 21 years of service to MIB. I admire his help to make sure a clean transition and want him one of the best in his well-deserved retirement.”
Winikoff holds a B.A. in Mathematical Economics from Brown College and he just lately served on the Board of Administrators for LL International (LIMRA and LOMA).
MIB is the life and medical health insurance trade’s most trusted and safe useful resource for data-driven threat administration providers that shield the monetary integrity of its members and handle their evolving wants. Owned by its members, MIB is uniquely positioned to securely accumulate and analyze confidential information. MIB providers assist to detect fraud, errors and omissions on insurance coverage purposes; to research trade information wanted to handle quite a lot of monetary dangers; and to make regulatory reporting compliance much less onerous and extra environment friendly. Because the life insurance coverage trade’s expertise reporting agent, our MIB Options, Inc. subsidiary cost-effectively performs annual information requires insurers topic to principles-based reserving. MIB Group, Inc., a membership company, gives providers via its wholly-owned working subsidiaries, MIB, Inc. and MIB Options, Inc. For extra data, go to www.mibgroup.com.
MIB Group, Inc.
David O. Aronson
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SOURCE MIB Group, Inc.