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KUVARE ANNOUNCES SENIOR

LEADERSHIP APPOINTMENTS ACROSS ITS

PLATFORM OF COMPANIES

 

As we continue to expand our business, Kuvare is pleased to announce the fulfillment of key leadership roles. Filling these leadership positions is another step forward in Kuvare's mission to provide value-oriented solutions to the middle market.

 

 

 

 

 

April 9, 2018 - Following Kuvare’s acquisition of United Life Insurance Company (“ULIC”) based in Cedar Rapids, Iowa, Kuvare’s largest deal to date, Kuvare proudly announces that it has installed Bradley Rosenblatt as the new President. Mr. Rosenblatt explained that “United Life is a special organization in the life and annuity arena, that has performed well for decades, and now, as a Kuvare business, we intend to bring a laser focus to enhancing its distribution capabilities.”  
 
Prior to joining the Kuvare organization in late 2017, Mr. Rosenblatt held executive roles at Sammons Financial, rising to the position of Chief Distribution Officer.  Previously, Mr. Rosenblatt was an insurance industry consultant at McKinsey & Company, working for P&C and life insurance carriers. He is a graduate of Northwestern University, and the Ross School of Business at the University of Michigan. 
 
Kuvare also announces that, in July 2018, Joe Wieser will become President of Guaranty Income Life Insurance Company (“GILICO”), based in Baton Rouge, Louisiana. He will replace GILICO's current president, John Lancaster who will retire from GILICO this summer. Mr. Wieser joins GILICO after working nearly thirty years in the insurance industry.  Most recently, Mr. Wieser served as the President and CEO of Colorado Bankers Life Insurance Company. Previously, he worked at Starmount Life Insurance/Always Care Benefits in Baton Rouge, and taking the helm at GILICO will be for him, in many ways, a homecoming to one of Louisiana's premier insurance firms. 
 
Mr. Wieser is a graduate of Metropolitan State University (Denver) and also holds various industry designations (CLU, ChFC, FLMI and ALHC). GILICO, which recently celebrated its 92nd anniversary in business, provides consumers with life and annuity solutions sold primarily through independent marketing organizations. 

 

Kuvare acquired GILICO in late 2016, and then in 2017, under Kuvare’s first full-year of ownership, GILICO increased premium levels by 153%. Regarding 2017 performance and Mr. Wieser’s arrival at the company, Mr. Lancaster stated, “GILICO just completed one of its finest years in its long history as a pioneer in the annuities world, and this is the perfect moment for Joe Wieser to take the reins that I have so proudly carried for GILICO the past 20 years.  He and I will work closely together the next few months in transition.”   Upon Mr. Wieser becoming GILICO’s President, Mr. Lancaster will remain with the Kuvare organization as the Special Advisor to the Chairman, focusing his efforts on field distribution relationships.   Mr. Wieser commented on his appointment, “I am honored to have been selected by Kuvare as GILICO’s next President. Following John Lancaster, a respected leader for many decades in the Baton Rouge business community and the national insurance industry, energizes me to lead GILICO to greater heights.”

In addition, Kuvare recently appointed Kevin Hovi as the Chief Financial Officer and Chief Risk Officer in Bermuda, for Kuvare Life Re.   Mr. Hovi is responsible for KLR’s reinsurance operations, including finance, investments and risk management. Additionally, he will provide risk management support across all of Kuvare. Most recently, he has held senior finance positions in Bermuda as Chief Financial Officer of Longitude RE Limited, and with XL Catlin in progressively senior investment roles.  Mr. Hovi attended the University of Waterloo in Canada and holds various finance and investment designations (CPA, CA, CFA). Dhiren Jhaveri commented that, “KLR is fast becoming an important component of Kuvare’s organizational strength, and we are thankful to have a talented and multi-faceted financial leader like Kevin Hovi to guide our Bermuda operations.”

 

 

 

 

 

About Kuvare
Kuvare, through its subsidiaries, is a life and annuity business focused on delivering value-oriented solutions to the middle market. Kuvare is committed to a sustainable growth strategy, backed by a consortium of long-term capital firms collectively managing more than $20 billion. With the acquisition of United Life and a second reinsurance transaction through its Bermuda subsidiary, Kuvare Life Re. Ltd., Kuvare has pro forma consolidated assets of over $3.7 billion. 
 
Learn more by visiting our website:
www.kuvare.com 

 

Kuvare Holdings LP | 55 West Monroe Street, Suite 1930, Chicago, IL 60603 

 

 

 

 

 

 

 

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800.535.8110 / 225.383.0355 / F. 225.343.1747

​​​​​​​Protecting Wealth is our Guaranty

 

 

 

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