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TMG member Reliance Standard to acquire New York statutory insurer

23-08-2018
Reliance Standard Life Insurance Company (Reliance Standard), a member of the Tokio Marine Group, has agreed to acquire a key New York statutory insurer, increasing its share of the New York Disability Benefit Law (DBL) insurance to approximately 10 percent.
The acquisition of Standard Security Life Insurance Company of New York (SSL), a subsidiary of Independence Holding Company, has been agreed subject to customary closing conditions including regulatory approvals.
Founded in 1907, Reliance Standard specialises in absence and employee benefits solutions including financial protection, absence management and supplemental health, with a portfolio of insurance products that includes group disability, life, accident, critical illness, hospital indemnity, dental, vision, medical stop loss and limited benefit medical. Reliance Standard also operates in the fixed annuity market space, including indexed annuities. The group benefits segment wrote approximately $1. ....

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Reliance Standard names Luce Giroux Senior Vice President, Actuarial and Chief Pricing Officer

Reliance Standard names Luce Giroux Senior Vice President, Actuarial and Chief Pricing Officer
Reliance Standard names Luce Giroux Senior Vice President, Actuarial and Chief Pricing Officer
Reliance Standard Life Insurance Company (Reliance Standard), a leading insurance carrier specializing in employee benefits solutions and both fixed and fixed index annuity products, has promoted Luce Giroux, FSA, FCIA, MAAA, to Senior Vice President, Actuarial & Chief Pricing Officer. A member of the companys Senior Leadership Team, she reports to Chris Fazzini, President and CEO, Group Benefits.
Luce has been a dynamic and positive force at Reliance Standard since her arrival, and has been on the front lines of several important and visible enterprise teams and initiatives over the past several years, Fazzini said. Her expertise, passion and effectiveness have been recognized, including by her nomination to multiple leadership programs sponsored by our global parent company, Th ....

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