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 on the role of director and chief underwriter for GSI.
Throughout the last four years, he has served as senior director of GSI operations and underwriting, during which time he has played an important role in the development and significant growth of the company’s GSI business, which provides income protection insurance for employer groups.
Before he joined The Standard, Fung served as an underwriting manager at Kaiser Permanente and a financial consultant at Mercer.
Jeremy Horner, vice president of IDI at The Standard, commented: “Tony is a strong leader with extensive underwriting expertise. He leads with integrity and has a passion for fostering relationships through collaboration and trust. I’m excited to see his continued growth in this new role.”
At the same time, The Standard has also promoted Angelo Rivera to second vice president of Specialty Market Sales and Partnerships in Employee Benefits.
From what we understand, in his new role, Rivera will oversee voluntary product and absence management practice leaders, as well as technology solutions consultants, national account practice leaders and strategic partner consultants.
Rivera has worked at The Standard for more than 15 years.
For the past eight years, he has served as Employee Benefits manager of the company’s Denver office.
Rick Johnstone, vice president of Employee Benefits Sales at The Standard, said: “Angelo is a proven leader with extensive experience at The Standard. He’s an extremely skilled communicator and masterfully guides groups to deliver their best work. I’m excited to have him lead these teams.”
