Pacific Life Insurance Company, Chairman & CEO James T. Morris to Chair ACLI.
Washington, D.C. (October 22, 2012) — The American Council of Life Insurers (ACLI), whose member companies provide financial and retirement security to millions of American families, elected its 2013 Chairman and Board of Directors today at its Annual Conference.
Elected as Chairman was James T. Morris, Chairman and CEO of Pacific Life Insurance Company. Mr. Morris will serve as Chairman for one year.
“Jim is an exceptional leader and the ideal choice to be ACLI’s Chairman this year,” said ACLI President and CEO Dirk Kempthorne. “He is respected among his peers in the life insurance industry and has a deep understanding of the key issues affecting companies and consumers. These qualities will serve ACLI, the industry, and policyholders well in the coming year.”
ACLI also elected John D. Johns, Chairman, President and CEO of Protective Life Corporation, to its Chairman-Elect position. Mr. Johns will assume the chairmanship in October 2013. ACLI’s Chairman-Elect Designate post was awarded to Roger W. Crandall, Chairman, President and CEO of Massachusetts Mutual Life Insurance Company (MassMutual). Mr. Crandall will take over as ACLI Chairman in October 2014. Ted Mathas, Chairman, President and CEO of New York Life Insurance Company, will serve as ACLI Immediate Past Chairman in the coming year.
The Chairman and Board of Directors set policy and guide the actions of the association, which represents the life insurance industry in Washington, D.C., the states and internationally.
Serving on ACLI’s Board through 2015:
Serving on ACLI’s Board through 2014:
Serving on ACLI’s Board through 2013:
ACLI represents life insurers’ interests on a wide range of topics at both the federal and state levels and internationally. In addition, ACLI represents the industry before courts and aggressively promotes the role life insurers play in the financial and retirement security of millions of Americans as well as the nation’s economic well-being.
“The life insurance industry’s financial strength and commitment to consumers are the foundation of America’s financial security. Millions of families count on life insurers’ products for peace of mind, long-term savings and a guarantee of lifetime income in retirement. Under our Board’s strong leadership, ACLI is prepared to help life insurers continue their mission to provide Americans with the financial and retirement security they want and need,” Kempthorne said.
The American Council of Life Insurers (ACLI) is a Washington, D.C.-based trade association with more than 300 legal reserve life insurer and fraternal benefit society member companies operating in the United States. ACLI advocates in federal, state and international forums. Its members represent more than 90 percent of the assets and premiums of the U.S. life insurance and annuity industry. In addition to life insurance, annuities and other workplace and individual retirement plans, ACLI members offer long-term care and disability income insurance, and reinsurance. Its public website can be accessed at www.acli.com.