ING U.S. Hires Dave Swanson to Lead Employee Benefits Product and Pricing Team
MINNEAPOLIS, Feb. 5, 2013
MINNEAPOLIS, Feb.5, 2013 /PRNewswire/ -- ING U.S. announced today the
appointment of Dave Swanson as senior vice president and head of Employee
Benefits Product and Pricing. In this new position, Swanson will help drive
the growth of ING U.S.'s Employee Benefits business through innovative product
design and disciplined pricing.
In this role, Swanson will be responsible for all actuarial aspects of product
development across all ING U.S. Employee Benefits product lines, including
group life, group disability, stop loss and voluntary benefits. He will also
serve as a member of the ING U.S. Insurance Solutions executive team, ensuring
that market needs are met and there is disciplined growth of the employee
Swanson brings over 25 years of group benefits and financial management
experience to ING U.S. Most recently, Swanson was vice president of group
protection products for Lincoln Financial Group, where he led that firm's
entrance into the worksite market. Prior to that, he served as vice president
of finance where he played a key role in the company's acquisition of Canada
Life's U.S. business. Swanson began his career at CIGNA in actuarial and
financial management positions supporting a variety of businesses including
group and healthcare benefits, reinsurance and individual life.
Swanson, who will be based in ING U.S.'s Minneapolis office, will report to
Butch Britton, chief executive officer of ING U.S. Insurance Solutions. His
appointment is effective February 4, 2013.
"Employee Benefits is an integral part of our ING U.S. strategy and Dave's
role and expertise will help us meet the current and future needs of our
customers," noted Britton. "Insurance coverage accessed through the workplace
is the predominant, and in many cases the only, source of insurance protection
individuals have for themselves and their families. As we look to grow this
very important business segment, delivering innovative products with client
value is crucial to our long-term growth and we're excited that Dave is
joining us to lead this effort."
"There is tremendous opportunity for a strong player like ING U.S. to thrive
in the evolving employee benefits landscape," said Swanson. "I'm excited to
join an organization with leadership positions in the retirement, investment
and insurance markets. ING U.S. clearly has a strong commitment to growing
employee benefits and has tremendous experience and capabilities to draw upon
in pursuing this goal."
Swanson, a Fellow of the Society of Actuaries, earned a B.S. in actuarial
science from the University of Nebraska. He currently serves as a member of
the board for Inclusive Communities and as an advisory board member for the
University of Nebraska Actuarial Science Program.
ING U.S.'s Insurance Solutions business, which comprises its Retail Life and
Employee Benefits segments, is a leading provider of life insurance and
medical stop loss in the U.S. The Retail Life business is focused on wealth
protection and transfer opportunities to meet the needs of a broad range of
customers from the middle-market through affluent market segments. The
Employee Benefits segment provides stop loss, group life, voluntary and
disability products to mid-sized and large businesses and has more than 90
years of experience in the design, implementation and administration of
employee benefits plans. ING U.S. Employee Benefits launched the Compass
Accident and Critical Illness Insurance product suite late last year.
About ING U.S.
ING U.S. constitutes the U.S.-based retirement, investment and insurance
businesses of Netherlands-based ING Groep N.V. (NYSE: ING). Through the ING
U.S. family of companies, we serve the financial needs of approximately 13
million individual and institutional customers with a comprehensive array of
products and services, including retirement plans, IRA rollovers and
transfers, stable value, institutional investment management, mutual funds,
alternative investments, life insurance, employee benefits, fixed and indexed
annuities and financial planning. Our dedicated workforce of more than 7,000
employees is focused on ING U.S.'s mission to make a secure financial future
possible—one person, one family and one institution at a time. For more
information, visit http://ing.us.
SOURCE ING U.S.
Contact: Maggie Dietrich, ING U.S., Office: +1-860-580-2699, Cell:
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