Protective Life Corporation Unifies Protection & Retirement Divisions
September 11 2024 - 11:20AM
Business Wire
Aaron Seurkamp to lead unified division as
SVP, President, Protection & Retirement Division
Jim Wagner expands role as SVP, Chief
Distribution Officer for both protection and retirement
products
Kenneth Byrd expands role as SVP, Operations
for the division
Protective Life Corporation (Protective), a subsidiary of
Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announced today
that it has unified its Protection and Retirement Divisions,
effective Sept. 10. Aaron Seurkamp will lead the unified division
as SVP, President, Protection & Retirement Division, while Jim
Wagner takes on expanded role as SVP, Chief Distribution Officer
for both Protection and Retirement products. In addition, Kenneth
Byrd will now serve as SVP, Operations, Protection & Retirement
Division, expanding his role to include operations for both product
lines, as well as underwriting.
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Aaron Seurkamp, Jim Wagner and Kenneth
Byrd assume expanded responsibilities as part of recent changes.
(Photo: Business Wire)
As Protective continues its business transformation, unifying
these divisions will enable the company to better serve customers
and distributors, capitalize on cross-divisional opportunities,
prioritize and align resources, and streamline operations – all
with a focus on enabling growth. The newly combined division will
continue its focus on helping people achieve financial security
through both protection-focused insurance products and the products
that protect and grow retirement assets, guaranteed income and
efficient wealth transfer.
“Bringing these businesses together as one operating unit will
enable us to more effectively create scale while also improving
focus in our product and distribution strategy,” said Wade
Harrison, EVP and Chief Retail Officer for Protective. “Aaron is a
strong, results-oriented leader with a deep understanding of the
life and annuity industry and a clear vision for how Protective can
continue growing and protecting more customers in these
businesses.”
Throughout his 20-year career with Protective, Seurkamp has
worked in various positions throughout the company’s retail life
and annuity business, most recently serving as SVP, President of
the Retirement Division. In this role, he led all aspects of the
division, including product development, sales and operations.
Moving forward, he’ll expand these responsibilities across the
combined division. Seurkamp will continue to report to
Harrison.
Wagner, who joined Protective in 2011, most recently served as
SVP, Chief Distribution Officer for Protective’s Retirement
Division. With previous roles leading external and internal sales
teams for both protection and retirement, Wagner brings a wealth of
experience that will serve him well as he leads the distribution
strategy for the unified division.
Byrd, who joined Protective in 2009, most recently served as
SVP, Operations, primarily focused on the Protection Division.
Throughout his career with Protective, Byrd has worked in numerous
operations roles, building extensive experience and expertise in
customer experience, process improvement and automation, making him
well positioned to lead this critical team. Both Byrd and Wagner
will report to Seurkamp.
As Protective continues its transformation, launched in November
2023 to drive growth, the company will invest in new business
opportunities, enhance foundational capabilities, and advance a
more efficient and effective company. This work is already leading
to improved operating processes to compete in the markets of today
and the future.
About Protective
Protective has helped people achieve protection and security in
their lives for 117 years. Through its subsidiaries, Protective
offers life insurance, annuity and asset protection solutions and
is helping more than 14.4 million people protect what matters most.
Protective’s more than 3,800 employees put people first and deliver
on the company’s promises to customers, partners, colleagues and
communities - because we’re all protectors. With a long-term focus,
financial stability and commitment to doing the right thing,
Protective Life Corporation, a subsidiary of Dai-ichi Life
Holdings, Inc., has $118 billion in assets, as of Dec. 31, 2023.
Protective is headquartered in Birmingham, Alabama, and supported
by a robust virtual workforce and core sites in the greater
Cincinnati area and St. Louis. For more information about
Protective, visit www.protective.com.
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