Standard Insurance Company

The Standard Hires Becky Butler as Assistant Vice President and Actuary

Retrieved on: 
Thursday, April 4, 2024
Finance, Consulting, Professional Services, Insurance, Human Resources, The Standard, Standard, Lincoln National Corporation, Multimedia, Butler, Assistant, Society of Actuaries, Economics, Standard Insurance Company, University

Standard Insurance Company ( The Standard ) announced today that Becky Butler was hired as assistant vice president and actuary in Actuarial Transformation.

Key Points: 
  • Standard Insurance Company ( The Standard ) announced today that Becky Butler was hired as assistant vice president and actuary in Actuarial Transformation.
  • View the full release here: https://www.businesswire.com/news/home/20240404954950/en/
    Becky Butler, Assistant Vice President and Actuary at The Standard (Photo: Business Wire)
    In this role, Butler leads the strategic process, technology decisions and initiatives underway to reimagine and transform the actuarial functions across The Standard.
  • “Becky’s problem-solving skills and ability to build relationships make her the right leader to bring The Standard’s actuarial transformation vision to fruition,” said Lauren Canfield, vice president, corporate actuary and chief risk officer at The Standard.
  • Butler earned a Bachelor of Science degree in actuarial mathematics and economics at the University of Michigan.

The Standard Announces Retirement of Sally Manafi; Lauren Canfield Named New Corporate Actuary and Chief Risk Officer

Retrieved on: 
Wednesday, March 27, 2024
Fintech, Professional Services, Insurance, Finance, Risk management, Society of Actuaries, The Standard, Retirement, American Academy, University, Bank statement, Mathematics, Investment, Standard Insurance Company, Music, Standard, Multimedia, StanCorp Financial Group, Corporation, Management

Standard Insurance Company ( The Standard ) announced today that Lauren Canfield, assistant vice president and actuary in Actuarial Transformation, will become vice president, corporate actuary and chief risk officer effective April 1, 2024.

Key Points: 
  • Standard Insurance Company ( The Standard ) announced today that Lauren Canfield, assistant vice president and actuary in Actuarial Transformation, will become vice president, corporate actuary and chief risk officer effective April 1, 2024.
  • Canfield will succeed Sally Manafi, vice president, corporate actuary and chief risk officer, who previously announced her decision to retire.
  • View the full release here: https://www.businesswire.com/news/home/20240327644713/en/
    Sally Manafi, Retiring Vice President, Corporate Actuary and Chief Risk Officer at The Standard (Photo: Business Wire)
    “In her previous roles, Lauren provided key actuarial consultation and insight on financial and capital forecasting, investments and across multiple product lines.
  • As vice president, corporate actuary and chief risk officer for StanCorp Financial Group, Inc., Standard Insurance Company and The Standard Life Insurance Company of New York, Canfield will be responsible for enterprise risk management, asset liability management and economic capital management.

StanCorp Financial Group, Inc., and Standard Insurance Company Appoint Barbara Turner to Board of Directors

Retrieved on: 
Tuesday, February 13, 2024
Fintech, Professional Services, Insurance, Finance, Standard, Woman, Standard Insurance Company, Multimedia, Education, StanCorp Financial Group

StanCorp Financial Group, Inc., and its primary operating subsidiary, Standard Insurance Company, have appointed Barbara A. Turner to the board of directors.

Key Points: 
  • StanCorp Financial Group, Inc., and its primary operating subsidiary, Standard Insurance Company, have appointed Barbara A. Turner to the board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20240213218251/en/
    Barbara A. Turner was appointed to the board of directors of StanCorp Financial Group, Inc., and Standard Insurance Company.
  • "Barbara’s long tenure and deep experience as a chief executive in the financial services industry in which we operate is a valuable asset to The Standard,” said Greg Ness, chair of the board of directors.
  • “She brings proven leadership skills and a deep commitment to our company’s purpose, ensuring our customers can achieve financial well-being and peace of mind.”

The Standard Employee Giving Campaign Contributes $5.5 Million to Nonprofits and Schools

Retrieved on: 
Monday, February 12, 2024
Insurance, Human Resources, Finance, Professional Services, Philanthropy, Other Education, Fund Raising, Foundation, Other Philanthropy, Education, Standard, Human, Employment, Standard Insurance Company, LDS Family Services, Mental disorder, Face to Face, The Standard, Meiji Yasuda Life, School, Fund, Organization, Life, Management

During the 2023 Employee Giving Campaign, employees at Standard Insurance Company (The Standard) donated $1.8 million benefiting 2,562 schools and nonprofit organizations across the nation.

Key Points: 
  • During the 2023 Employee Giving Campaign, employees at Standard Insurance Company (The Standard) donated $1.8 million benefiting 2,562 schools and nonprofit organizations across the nation.
  • After a double match by The Standard and parent organization Meiji Yasuda Life Insurance Company, total donations from the campaign exceed $5.5 million.
  • Contributions from the 1,868 employees who participated along with the matching funds were distributed to nonprofit organizations and schools during 2023.
  • I continue to be humbled by the generosity of our employees and retirees.”
    During the Employee Giving Campaign, The Standard also celebrated the 17th anniversary of the Denim Impact Fund.

The Standard Expands Stable Value Product Suite

Retrieved on: 
Thursday, February 8, 2024
Personal Finance, Finance, Professional Services, Insurance, Human Resources, Standard Insurance Company, The Standard, Retirement, APEX, Standard, ERISA, Financial adviser

Standard Insurance Company (The Standard) has added to its APEX fund series with the new APEX Stable Asset Fund , available to new retirement plan recordkeeping clients on the company’s platform.

Key Points: 
  • Standard Insurance Company (The Standard) has added to its APEX fund series with the new APEX Stable Asset Fund , available to new retirement plan recordkeeping clients on the company’s platform.
  • The fund offers a guaranteed crediting rate that denotes the corporate and treasury rate environment, backed by the financial stability of The Standard.
  • The APEX Stable Asset Fund guaranteed rate is 4.5% from Jan. 1 through June 30, 2024, and resets semi-annually.
  • “The APEX Stable Asset Fund allows us to extend this competitive offering to more retirement plan clients including those considering The Standard recordkeeping platform,” said Jason Burlie, vice president of Retirement Plan Sales at The Standard.

The Standard Employee Giving Campaign Contributes $5.5 Million to Nonprofits and Schools

Retrieved on: 
Monday, January 22, 2024
Professional Services, Philanthropy, Personal Finance, Other Education, Primary, Secondary, Fund Raising, Education, Foundation, Insurance, Human Resources, Finance, Other Philanthropy, Life, The Standard, LDS Family Services, Face to Face, Standard, School, Fund, Employment, Standard Insurance Company, Organization, Meiji Yasuda Life, Human, Mental disorder, Management

During the 2023 Employee Giving Campaign, employees at Standard Insurance Company (The Standard) donated $1.8 million benefiting 2,562 schools and nonprofit organizations across the nation.

Key Points: 
  • During the 2023 Employee Giving Campaign, employees at Standard Insurance Company (The Standard) donated $1.8 million benefiting 2,562 schools and nonprofit organizations across the nation.
  • After a double match by The Standard and parent organization Meiji Yasuda Life Insurance Company, total donations from the campaign exceed $5.5 million.
  • Contributions from the 1,868 employees who participated along with the matching funds were distributed to nonprofit organizations and schools during 2023.
  • I continue to be humbled by the generosity of our employees and retirees.”
    During the Employee Giving Campaign, The Standard also celebrated the 17th anniversary of the Denim Impact Fund.

The Standard Promotes Angelo Rivera to Second Vice President of Specialty Market Sales and Partnerships

Retrieved on: 
Friday, December 8, 2023
Professional Services, Insurance, Human Resources, Finance, Partnership, Standard Insurance Company, Standard, Multimedia, Consultant, The Standard, Management, Northeastern University, Boston

Standard Insurance Company (The Standard) announced today that Angelo Rivera has been promoted to second vice president of Specialty Market Sales and Partnerships in Employee Benefits.

Key Points: 
  • Standard Insurance Company (The Standard) announced today that Angelo Rivera has been promoted to second vice president of Specialty Market Sales and Partnerships in Employee Benefits.
  • View the full release here: https://www.businesswire.com/news/home/20231208254715/en/
    Angelo Rivera, second vice president of Specialty Market Sales and Partnerships in Employee Benefits at The Standard.
  • Rivera has been with The Standard for more than 15 years.
  • “Angelo is a proven leader with extensive experience at The Standard,” said Rick Johnstone, vice president of Employee Benefits Sales at The Standard.

The Standard Promotes Tony Fung to Second Vice President of IDI Underwriting and GSI

Retrieved on: 
Friday, December 8, 2023
Personal Finance, Professional Services, Insurance, Kaiser Permanente, Standard Insurance Company, Psychology, GSI, Standard, Multimedia, Trust, University, Growth, The Standard, Portland State University, IDI, Life insurance, Mercer

Standard Insurance Company (The Standard) announced today that Tony Fung has been promoted to second vice president of IDI Underwriting and GSI.

Key Points: 
  • Standard Insurance Company (The Standard) announced today that Tony Fung has been promoted to second vice president of IDI Underwriting and GSI.
  • View the full release here: https://www.businesswire.com/news/home/20231208179397/en/
    Tony Fung, second vice president of IDI Underwriting and GSI at The Standard.
  • Prior to joining The Standard, Fung worked as an underwriting manager at Kaiser Permanente and a financial consultant at Mercer.
  • “Tony is a strong leader with extensive underwriting expertise,” said Jeremy Horner, vice president of IDI at The Standard.

AM Best Affirms Credit Ratings of Members of Standard Insurance Group and Pacific Guardian Life Insurance Company, Limited

Retrieved on: 
Friday, November 17, 2023
Banking, Professional Services, Finance, Sale, Acquisition, Standard Insurance Company, Risk management, StanCorp Financial Group, ERM, Credit, Mortality, Standard, Insurance, Federal Home Loan Banks, Meiji Yasuda Life, AM Best, COVID-19, Disability, Georgios Mygas, Good, TDI, Securian Financial Group, News, ALL, FSR, Bank

In addition, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Pacific Guardian Life Insurance Company, Limited (Pacific Guardian) (Honolulu, HI).

Key Points: 
  • In addition, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Pacific Guardian Life Insurance Company, Limited (Pacific Guardian) (Honolulu, HI).
  • AM Best notes that The Standard maintains top 10 market positions in group long-term disability, individual disability insurance, group short-term disability and group life insurance products.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

The Standard Promotes Brad Yoder to Second Vice President of Life and Supplemental Claims

Retrieved on: 
Friday, November 3, 2023
Finance, Professional Services, Technology, Insurance, Software, Yoder, Standard Insurance Company, Policy, The Standard, Retirement, Economics, Eastern Michigan University, State Farm, Multimedia, Brad Yoder, University of Michigan, Standard, Pension, Management, Life

Standard Insurance Company (The Standard) announced today that Brad Yoder has been promoted to second vice president of Life and Supplemental Claims.

Key Points: 
  • Standard Insurance Company (The Standard) announced today that Brad Yoder has been promoted to second vice president of Life and Supplemental Claims.
  • View the full release here: https://www.businesswire.com/news/home/20231103790164/en/
    Brad Yoder, second vice president of Life and Supplemental Claims at The Standard.
  • In his most recent position as senior director of Life and Supplemental Claims, he led the creation of a dedicated Supplemental Claims team earlier this year.
  • “Brad is a proven leader with extensive experience across many areas at The Standard,” said Jeanne Ryan, vice president and head of Claims at The Standard.