MIB Elects a New Chairman, Vice Chairman and Four New Directors to its Board
RELEASE | May 18, 2017
MIB Group, Inc., the life and health insurance industry's most trusted and secure resource for data-driven, risk management services is pleased to announce the election of its new Chairman and Vice Chairman of the Board of Directors for 2017-18 and the election of four new directors, all of whom are highly-experienced insurance industry veterans serving as senior officers of MIB member companies. As a membership corporation, MIB's Board is composed of 12 volunteer directors, each of whom represent one member from among MIB's 430 North American member insurance companies, and one internal director, MIB's President and Chief Executive Officer.
Effective May 19th, Arthur J. Roberts, Senior Vice President and Chief Financial Officer for the Ohio National Life Insurance Company, will become Chairman, thereby succeeding David P. Wheeler, Executive Vice President U.S. Mortality Markets, RGA Reinsurance Company who will remain on the MIB Board of Directors as Immediate Past Chair. David Acselrod, Head of Premier Client Group integration and Department of Labor implementation for Massachusetts Mutual Life Insurance Company will begin service as Vice Chairman.
Newly elected to three-year terms on the MIB Board of Directors are Dr. Gina Guzman, Vice President and Chief Medical Director, Munich Re, U.S. (Life) who began her first term in September 2016; James E. Hohmann, Chief Executive Officer and President, Members Mutual and Vericity Holdings and Chief Executive Officer for subsidiaries Efinancial and Fidelity Life Association; Jeffrey D. Holley, Executive Vice President, Chief Financial Officer and Treasurer, OneAmerica Financial Partners, Inc. and affiliates; and Harold B. Rojas, Senior Vice President, General Counsel and Corporate Secretary, The Baltimore Life Companies.
"I'm honored to work alongside these talented, visionary industry leaders who volunteer their time to be on the MIB Board," said Lee B. Oliphant, President and CEO of MIB Group, Inc. "MIB Board members provide sharp insights into the life and health insurance industries and invaluable strategic guidance on the evolving needs of our 430 members," said Oliphant. "I would also like to thank our outgoing Chairman Dave Wheeler for his leadership and passion for excellence during his tenure. I am pleased that he will remain on the MIB Board as Immediate Past Chair."
Mr. Roberts joined the MIB Board in 2012 and will serve as its new Chairman, 2017-2018. As Senior Vice President and Chief Financial Officer for Ohio National Life Insurance Company he is responsible for rating agency relationships, treasury management, and finance operations for the enterprise. He began his career with Ohio National in 1994 and was appointed an officer in 1996. In 1999, he was elected Vice President, Financial Reporting, and has held his most recent title of Senior Vice President and Chief Financial Officer since 2008. Mr. Roberts is a Certified Public Accountant, a Chartered Life Underwriter and a Fellow of the Life Management Institute. He is a member of the American Institute of CPAs, Ohio Society of CPAs and Financial Executives International. In addition, he serves on the Finance Committee of the Greater Cincinnati Foundation and is a trustee for the Bethesda North Hospital Foundation.
Mr. Acselrod joined the MIB Board in 2016 and will serve as its new Vice Chairman, 2017-2018. As Head of Premier Client Group integration and Department of Labor implementation for Massachusetts Mutual Life Insurance Company (MassMutual), he has overall accountability for success of the MetLife Premier Client group acquisition. Prior to this role, he led New Business and Underwriting where he had accountability for underwriting operations and strategy including oversight of the Life, Disability Income and LTC Underwriting and New Business departments. Prior to joining MassMutual, Mr. Acselrod held various positions with the U.S. and international businesses of MetLife, Inc. where he served as Small Market Leader, Group Insurance, with P&L accountability for the segment nationally. Mr. Acselrod led MetLife's Long Term Care and Critical Illness business and also held several other positions in Retail Business, Sales Compensation, Business Architecture, MetLife Japan, and Corporate Planning.
Dr. Gina Guzman began serving her first term on the MIB Board in September 2016. Dr. Guzman is Vice President and Chief Medical Director at Munich Re, U.S. (Life) with oversight responsibilities for Munich Re U.S. (Life) medical and underwriting functions. Dr. Guzman leads the medical team's content updates to the EDGE underwriting manual, and manages the company's mortality research on impairments. She is board certified in Internal Medicine and Insurance Medicine. An in-demand presenter at local, regional and national underwriting meetings in North America, she was an invited speaker for the 2016 ICLAM meeting in the Netherlands. Dr. Guzman was the 2013 president of the American Academy of Insurance Medicine (AAIM) and remains actively involved on their Executive Council. She currently serves on the Board of Insurance Medicine, the Board of Managers of the American Council of Life Insurers (ACLI) Medical Section, the ACLI Genetics Task Force, and the ACLI Medical Issues Committee. She served as President of the Midwestern Medical Directors Association in both 2007 and 2016 and Dr. Guzman is a Fellow of both the Life Management Institute and Academy of Life Underwriting.
Mr. James E. Hohmann will be joining the MIB Board in May 2017. Mr. Hohmann is Chief Executive Officer and President of Members Mutual and Vericity Holdings. He is also CEO of subsidiary companies Efinancial and Fidelity Life Association. Previously, he served as President of Conseco (now CNO Financial), President and CEO of Allstate Financial, and most recently was President and CEO of FBL Financial. In that role he delivered industry leading stock performance and the Company was recognized by Fortune Magazine on its list of the "100 Fastest Growing Companies" based upon growth in revenue, EPS and total return to shareholders.
Mr. Jeffrey D. Holley will be joining the MIB Board in May 2017. Mr. Holley is Executive Vice President, Chief Financial Officer and Treasurer for OneAmerica Financial Partners, Inc. and its affiliated companies: American United Life Insurance, State Life Insurance and the Pioneer Mutual Life Insurance Company. He is responsible for all treasury and tax functions, mergers and acquisitions and capital markets. In 2015, he was named CFO of the Year by the Indianapolis Business Journal, in part for leading the acquisition of BMO's U.S.-based retirement services business. The acquisition increased assets under administration by $26 billion to more than $70 billion, doubling in just under two years.Â Mr. Holley served as President and Chief Executive Officer of HLT Partners, Inc. before joining the OneAmerica companies in 2011. Prior to that, he served as Executive Vice President and Chief Financial Officer of CUNA Mutual Group from 2000 to 2009. He also served as acting President and Chief Executive Officer in 2004 and 2005. Mr. Holley's 28-year career in the insurance industry began at PriceWaterhouseCoopers. He is a Board member of Noble of Indiana, and a former Board member of the U.S. Chamber of Commerce.
Mr. Harold B. Rojas will be joining the MIB Board in May 2017. Mr. Rojas is Senior Vice President, General Counsel and Corporate Secretary for The Baltimore Life Companies and has served in that role since 2005. Before joining Baltimore Life, Mr. Rojas was Assistant Vice President and Assistant General Counsel with Old Mutual Financial Network, and he held various compliance and legal counsel positions with Conseco, Inc., Jackson National Life and Columbian Mutual Life. He holds a law degree from Syracuse University College of Law.
MIB is the life and health insurance industry's most trusted and secure resource for data-driven risk management services that protect the financial integrity of its members and address their evolving needs. Owned by its members, MIB is uniquely positioned to securely collect and analyze confidential data. MIB services help to detect fraud, errors and omissions on insurance applications; to analyze industry data needed to manage a variety of financial risks; and to make regulatory reporting compliance less onerous and more efficient. As the life insurance industry's first statistical agent, our MIB Solutions, Inc. subsidiary cost-effectively performs annual data calls for those insurers subject to principles-based reserving. MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. MIB's Cross Check Service is provided by MIB Solutions, Inc. For more information, visit (www.mibgroup.com).