Foresters Financial

Level Up Insurance Partners with Industry Giants Aetna, Americo, and AIG to Enhance Client Service

Retrieved on: 
Wednesday, January 17, 2024

Doral, Florida--(Newsfile Corp. - January 17, 2024) - The founder and CEO of Level Up Insurance, Joseph Gonzalez , has announced his company's partnership with industry titans to provide top-notch health and life insurance services to clients.

Key Points: 
  • Doral, Florida--(Newsfile Corp. - January 17, 2024) - The founder and CEO of Level Up Insurance, Joseph Gonzalez , has announced his company's partnership with industry titans to provide top-notch health and life insurance services to clients.
  • These names include multinational companies like AIG, Fidelity Investments, Foresters Financial, Aetna, and Transamerica.
  • Affiliating with these companies is expected to build trust and hope in a more technologically advanced insurance industry as Level Up Insurance continues to leverage AI and other modern technologies.
  • As Level Up Insurance continues to foster relationships with top insurance industries, the company is expected to advance in the insurance and technology sectors by leveraging data and analytics.

Foresters Financial opens applications for its 2024 Competitive Scholarships

Retrieved on: 
Tuesday, January 23, 2024

TORONTO, Jan. 23, 2024 /PRNewswire/ - Foresters Financial™ (Foresters), the purpose-driven life insurer that partners with its members to help them do more of the good they want to do, announced that it has launched the 2024-2025 academic year Competitive Scholarship1 applications for its members and their families.

Key Points: 
  • TORONTO, Jan. 23, 2024 /PRNewswire/ - Foresters Financial™ (Foresters), the purpose-driven life insurer that partners with its members to help them do more of the good they want to do, announced that it has launched the 2024-2025 academic year Competitive Scholarship1 applications for its members and their families.
  • Eligible new applicants and returning candidates applying for a Competitive Scholarship can submit applications as of December 4, 2023, through March 1, 2024.
  • Foresters Competitive Scholarship benefit2 is designed to recognize success in the classroom with a special emphasis on community service.
  • Since 2012, Foresters has awarded over 9,000 tuition scholarships internationally, an investment of more than $18.4 million USD/$24.5 million CAD.

Foresters Financial Appoints Matt Berman as Chief Executive Officer

Retrieved on: 
Friday, January 12, 2024

TORONTO, Jan. 12, 2024 /PRNewswire/ - Dan Fortin, Foresters Financial Chair of the Board, announced today the appointment of Matt Berman as President and Chief Executive Officer, effective immediately.

Key Points: 
  • TORONTO, Jan. 12, 2024 /PRNewswire/ - Dan Fortin, Foresters Financial Chair of the Board, announced today the appointment of Matt Berman as President and Chief Executive Officer, effective immediately.
  • Earlier, he served as President, Foresters Financial US and, prior to that, as Chief Distribution Officer and President of the insurer's former subsidiary, Foresters Life Insurance and Annuity Company (FLIAC).
  • The Board would also like to thank René Zanin for his contributions as Foresters Interim President and Chief Executive Officer.
  • "It is my distinct honor to be named Foresters Chief Executive Officer," said Mr. Berman.

Foresters Financial maintains its "A" (Excellent) AM Best and "A" DBRS Financial Strength ratings

Retrieved on: 
Friday, October 13, 2023

TORONTO, Oct. 13, 2023 /PRNewswire/ - Foresters Financial™ (Foresters), the fraternal life insurer redefining the life insurance industry, today announced that independent rating agency A.M. Best Company has affirmed The Independent Order of Foresters (IOF) Financial Strength Rating (FSR) of "A" (Excellent) with a stable outlook.

Key Points: 
  • TORONTO, Oct. 13, 2023 /PRNewswire/ - Foresters Financial™ (Foresters), the fraternal life insurer redefining the life insurance industry, today announced that independent rating agency A.M. Best Company has affirmed The Independent Order of Foresters (IOF) Financial Strength Rating (FSR) of "A" (Excellent) with a stable outlook.
  • Foresters Financial has maintained an Excellent A.M. Best financial strength rating for 23 consecutive years1.
  • "Foresters is committed to maintaining our strong financial foundation and fulfilling our obligations to our members," said Alvin Sharma, Global Chief Financial Officer, Foresters Financial.
  • "These strong ratings from AM Best and DBRS Morningstar evidence the financial stability of the organization.

Foresters Financial, HWHC, and KABOOM! Join Forces to Construct Expansive Playground on Truth and Reconciliation Day

Retrieved on: 
Tuesday, October 3, 2023

This build celebrates the joys of childhood play and addresses playspace inequity—a pressing issue that disproportionately affects children of color.

Key Points: 
  • This build celebrates the joys of childhood play and addresses playspace inequity—a pressing issue that disproportionately affects children of color.
  • Every child deserves access to a safe and engaging playground, a simple joy that has, unfortunately, eluded many.
  • Interim President and CEO René Zanin thanked the volunteers and voiced his support, "Foresters Financial has always been about more than just insurance.
  • Completed in just one day, this expansive playspace features engaging music panels, a robust climbing wall, and a pair of thrilling high slides.

Federal Life Group Hires Knut Olson as CEO

Retrieved on: 
Tuesday, August 8, 2023

CHICAGO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Federal Life Group, Inc. and its affiliates (“Federal Life”), a leading provider of insurance and retirement solutions founded in 1899, announced that Knut A. Olson has joined the firm as CEO and a member of the board of directors.

Key Points: 
  • CHICAGO, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Federal Life Group, Inc. and its affiliates (“Federal Life”), a leading provider of insurance and retirement solutions founded in 1899, announced that Knut A. Olson has joined the firm as CEO and a member of the board of directors.
  • Olson succeeds Bill Austin, who will continue to serve on the board of directors as executive vice chairman and provide executive advisory services to Federal Life.
  • Olson brings more than 30 years of experience in the life and health insurance and annuity industries to Federal Life.
  • “I am pleased to have joined the Federal Life board and am excited to work with Knut Olson, Tom Marra, David Herzog, and the rest of the team to build a world-class life, health, and annuity platform,” said Foy.

Foresters Financial announces leadership change

Retrieved on: 
Tuesday, July 18, 2023

TORONTO, July 18, 2023 /PRNewswire/ - Today, Foresters Financial (Foresters) announced that Louis Gagnon has left his position as President and Chief Executive Officer for personal reasons.

Key Points: 
  • TORONTO, July 18, 2023 /PRNewswire/ - Today, Foresters Financial (Foresters) announced that Louis Gagnon has left his position as President and Chief Executive Officer for personal reasons.
  • Mr. Zanin and the executive team will focus on continued performance for Foresters Financial.
  • They will support the organization in achieving its financial targets in the Canadian, American, and UK markets while ensuring that Foresters remains deeply committed to its purpose and mission.
  • Foresters Financial is well-positioned to become even stronger with a renewed commitment to long-term growth, benefiting members, their families, and the communities in which they live.

Foresters Financial and Whole Kids Foundation Rejoin Forces to Green Up Communities Across the US, Canada and the UK

Retrieved on: 
Thursday, April 27, 2023

Together, Foresters and Whole Kids Foundation will help 14 organizations across the US, Canada and the UK develop their edible learning spaces through $3,000 garden grants and hands-on support.

Key Points: 
  • Together, Foresters and Whole Kids Foundation will help 14 organizations across the US, Canada and the UK develop their edible learning spaces through $3,000 garden grants and hands-on support.
  • Foresters member volunteers joined teaching staff, students and parents to help construct an edible garden at the school.
  • "We're incredibly proud to widen our partnership with Whole Kids Foundation and to support these important programs across the US, Canada and the UK," said Louis Gagnon, President and CEO of Foresters Financial.
  • Foresters and Whole Kids Foundation have scheduled the following events in the US to coincide with National Garden Month in April.

Matt Berman Named President, Foresters Financial US and Canada

Retrieved on: 
Wednesday, March 1, 2023

TORONTO, March 1, 2023 /PRNewswire/ - Foresters Financial™ (Foresters), the fraternal life insurer that's boldly redefining the life insurance industry through innovation, purpose and wellness, today announced the appointment of Matt Berman as President, Foresters Financial US and Canada, effective immediately.

Key Points: 
  • TORONTO, March 1, 2023 /PRNewswire/ - Foresters Financial™ (Foresters), the fraternal life insurer that's boldly redefining the life insurance industry through innovation, purpose and wellness, today announced the appointment of Matt Berman as President, Foresters Financial US and Canada, effective immediately.
  • Previously, Mr. Berman held the position of President, Foresters Financial US.
  • Earlier, he served as Chief Distribution Officer and President of our former subsidiary, Foresters Life Insurance and Annuity Company (FLIAC).
  • Speaking to Mr. Berman's appointment, Louis Gagnon, President and CEO of Foresters Financial said, "It is a great privilege to welcome Matt into his new role.

Foresters Financial Canadian Division President Announces Retirement

Retrieved on: 
Thursday, January 26, 2023

TORONTO, Jan. 26, 2023 /PRNewswire/ - Today Louis Gagnon, President and CEO of Foresters Financial™ (Foresters), announced Henry Auyeung, President Foresters Financial Canada's  intention to retire in August 2023.

Key Points: 
  • TORONTO, Jan. 26, 2023 /PRNewswire/ - Today Louis Gagnon, President and CEO of Foresters Financial™ (Foresters), announced Henry Auyeung, President Foresters Financial Canada's  intention to retire in August 2023.
  • Matt Berman, President of Foresters Financial US will become President Foresters Financial US and Canada effective March 1, 2023.
  • He was instrumental through the amalgamation of Canada Protection Plan with Foresters Canadian Division.
  • He is passionate about Foresters and has a track record of strong results and has previous experience leading the Foresters Canadian sales organization prior to the Foresters and Canada Protection Plan amalgamation."