July 30, 2016 12:06 AM ET

Insurance

Company Overview of CMFG Life Insurance Company

Company Overview

CMFG Life Insurance Company, together with its subsidiaries, provides insurance and financial services to credit unions and their members. It offers credit union protection products, such as bond, business auto, collateral protection, cyber and security incident, management and professional liability, mortgage insurance, plastic card, property and business liability, and workers compensation solutions. The company also offers investment solutions, including annuities, mutual fiduciary consulting services, commercial mortgage loans, brokerage services, and capital advisory services; employee benefits, such as 401K and retirement plans, executive benefits, total benefits prefunding, charitable...

5910 Mineral Point Road

Madison, WI 53705

United States

Founded in 1935

Phone:

608-238-5851

Fax:

608-238-0830

Key Executives for CMFG Life Insurance Company

Chief Executive Officer, President and Director
Age: 60
Chief Financial Officer
Age: 58
Chief Accounting Officer and Senior Vice President
Age: 43
Chief Information Officer and Senior Vice President
Age: 54
Chief Administrative Officer and Executive Vice President
Compensation as of Fiscal Year 2016.

CMFG Life Insurance Company Key Developments

CUNA Mutual Group Inks NAFCU Deal

NAFCU Services Corporation announced its first major agreement with CUNA Mutual Group as a preferred partner that will provide a mortgage payment protection product. Through its preferred partner program, NAFCU will introduce and educate CEOs about the mortgage payment protection product through webinars, blog posts and other channels. The mortgage payment protection plan can help credit unions prevent loan defaults, delinquencies and foreclosures, generate noninterest income and deepen member relationships, according to CUNA Mutual.

Cuna Mutual Group Appoints Tom Merfeld in Place of Alastair Shore as CFO

CUNA Mutual Group announced that Tom Merfeld will replace Alastair Shore as the company's CFO. Merfeld most recently served as the company's chief market risk officer.

CUNA Mutual Group Hires David (Dave) G. Brown as New Chief Investment Officer

CUNA Mutual Group hired David (Dave) G. Brown as the company’s new chief investment officer. He will replace David Marks, who will retire at year-end. Brown most recently served as chief investment officer for the TIAA-CREF General Account. Brown will oversee the company’s investment portfolio and MEMBERS Capital Advisors, the registered investment advisor affiliate of CUNA Mutual Group, to deliver long-term financial strength. In addition to serving as chief investment officer, Brown served as the chairman of the TIAA Investment Management Committee. He was a key voting member of the firm's Asset/Liability Committee, the CREF Investment Management Committee, the Investment Risk Management Committee, the Real Asset Operating and Oversight Committee and the Information Barrier Oversight Committee.

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