MONY Life Insurance Company of America, a stock life insurance company, provides life insurance and annuity products to individuals and businesses in the United States. It distributes its products through financial professionals, as well as distributes its products on a wholesale basis to third-party broker-dealers and insurance brokerage general agencies through distributors. The company was founded in 1969 and is based in New York, New York. MONY Life Insurance Company of America is a subsidiary of MONY Life Insurance Company.
1290 Avenue of The Americas
New York, NY 10104
Founded in 1969
AXA Equitable Life Insurance Company and MONY Life Insurance Company of America Expands its Global Employee Benefits Footprint with Entry into US Market; Announces Executive Appointments
Feb 23 15
AXA S.A. is further extending its footprint into the United States with the launch of its U.S. Employee Benefits business, through subsidiaries AXA Equitable Life Insurance Company and MONY Life Insurance Company of America. This market entry builds on AXA S.A.’s expertise as a employee benefits insurer around the world, where it protects more than a million employees. AXA S.A. will apply this knowledge and experience as it develops its U.S. offering – a suite of benefits products scheduled to begin rollout in mid-2015, including group life insurance, dental and vision, short and long-term disability, gap medical and hospital indemnity, and critical illness. AXA extensively researched the U.S. market opportunity and found that one segment – small- to medium-sized businesses with 20 to 500 employees, remains underserved. These businesses and their employees comprise roughly half of the expanding U.S. employee benefits market, which is undergoing transformation following the implementation of the Affordable Care Act.
The company has assembled a highly experienced leadership team led by Hervé Balzano, a 15-year veteran of AXA S.A. and AXA France, who has a proven track record of founding and growing employee benefits businesses in markets around the world. Balzano was previously head of AXA S.A.’s International Employee Benefits business and president of the MAXIS Global Benefits Network. Balzano is joined on the AXA Employee Benefits leadership team by: James Long, Head of Distribution. Long leads the creation of AXA’s national and regional structure for distributing AXA’s suite of employee benefits products and services to independent brokers, general agents and AXA’s retail network of AXA Advisors, LLC. financial professionals. Leann Bohner, Head of Operations & Technology. Bohner leads the team responsible for developing AXA’s differentiating digital experience serving AXA’s targeted clients – independent brokers and general agents, employers and employees. She also is charged with building, from the ground up, AXA’s future-ready technology infrastructure and services. Amanda Turcotte, Chief Actuary and Head of Product, Pricing & Underwriting. Turcotte leads the team responsible for designing and bringing AXA’s Employee Benefits product suite to market. Previously, Turcotte was senior director & actuary of AXA’s Financial Protection & Wealth Management business, responsible for research and development to create life insurance products and entering new markets.