Reinsurance News

The Standard

Allstate sells Employer Voluntary Benefits business to The Standard

2nd April 2025

US primary insurer Allstate has closed the previously announced sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard) for $2 billion. It has been confirmed that this transaction, along with the previously announced definitive agreement to sell the Group Health business, is expected to generate ... Read the full article

Allstate to sell Employer Voluntary Benefits arm to The Standard for $2bn

14th August 2024

US primary insurer Allstate has entered into a definitive agreement to sell its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard) for $2 billion in cash, adjusted for the closing balance sheet. The transaction is subject to customary closing conditions and approvals, expected to close in the first ... Read the full article

Briggs promoted to VP Strategic Innovation & Emerging Markets, AMG Actuary, The Standard

24th April 2024

Julie Briggs has been promoted to the role of vice president of Strategic Innovation and Emerging Markets and Asset Management Group Actuary, at Standard Insurance Company (The Standard). In her new role, she is expected to be responsible for the leadership of all AMG actuarial and finance functions. She will also work ... Read the full article

Horner promoted to VP of Individual Disability Insurance & Corporate Development, The Standard

15th April 2024

Standard Insurance Company (The Standard) has promoted Jeremy Horner to the role of Vice President of Individual Disability Insurance and Corporate Development. Horner joined the organisation in 2009 and has served in a variety of leadership roles in Corporate Accounting, Investor Relations and the Business Transformation Office. In addition, he has led ... Read the full article

The Standard names Canfield VP, corporate actuary and CRO as Manafi retires

5th April 2024

Standard Insurance Company (The Standard)has announced the appointment of Lauren Canfield as vice president, corporate actuary and chief risk officer, succeeding Sally Manafi who is retiring. Canfield, who is taking over her new role April 1, 2024, will also become a member of the company’s management committee. Dan McMillan, president and chief ... Read the full article

The Standard announces two key leadership promotions

12th December 2023

The Standard Insurance Company has promoted Tony Fung to second vice president of IDI Underwriting and GSI. In his new role, Fung is expected to lead the fully underwritten and Guaranteed Standard Issue Individual Disability Insurance underwriting teams in addition to also leading GSI operations. Fung joined the company in 2016, taking ... Read the full article