Member benefits described assumes Foresters membership. For 20 straight years, The Independent Order of Foresters has received an "A" (Excellent) rating from A.M. Foresters Financial is the trade name for The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. Foresters recently merged with Canada Protection Plan to become a leading life insurance distributor in Canada. Dedicated to its members' well-being, Foresters offers a suite of member benefits(1) and is redefining the conventional life insurance model, bringing improved financial security and overall wellness to everyday North American families. State-of-the-art mobile tools help agents deliver tailored plans to prospective and current members. Agents and members alike appreciate the turnkey-decisioned product offerings and end-to-end digitized processes that make it easy to get life insurance without traditional medical exams. I look forward to working with our Executive Committee and our great team of employees to serve our members, support our independent agents and sales partners, and build on the strong culture we have at Foresters. I will continue Jim's dedication to our Purpose, and will champion an inclusive and diverse culture and build a sustainable business."įoresters Financial is redefining the life insurance and individual savings industry across the U.S., Canada and UK by enriching the lives, communities, and overall well-being of its members. "I am honoured to be selected by the Board to lead Foresters Financial. Most recently he was President, US & Canada Region, for Mercer where he was responsible for leading 5,000+ employees across the US and Canada. He was Mercer's Canada CEO from 2015 to 2018. Gagnon's many roles took him and his family to Chicago, Detroit, Los Angeles, Toronto and New York City. After starting with Mercer in Montreal, Mr. Gagnon joined Foresters earlier this year after a 30+ year career with Mercer. I look forward to working with Louis and our Executive Team to ensure a smooth transition between now and year end." And especially important to me, Louis values our employees as much as I do. He has worked closely with the leadership team and developed relationships and teamwork critical for his success. "He has quickly embraced our culture and he is a strong advocate of our purpose to enrich the wellbeing of our members and their communities. "I am certain Louis is the right person at the right time for Foresters," said Mr. Louis is purpose-driven and a servant leader making him a perfect fit for Foresters." Louis had a very successful career at Mercer where he started as a young actuary over 30 years ago. "Our Board was thorough in our search for the right successor to Jim. We are delighted to announce Louis Gagnon as Jim's successor," said Mr. UK sales were adversely affected by the Covid-19 pandemic in 2020 but are up 188% through the first six months of 2021. Year-over-year North American sales are up 31% through the first six months of this year, following a 19% increase in sales in 2020. He was committed to the safety of employees and members while re-engineering the company for the difficult environment of COVID-19. Boyle led the organization through the pandemic by making it easier for independent agents to conduct business in a non-face-to-face manner and receive quick underwriting decisions through non-medical and accelerated underwriting. The outcome is evidenced in our excellent business results and our membership engagement has never be healthier. Authoring the Strength of Purpose 150 strategic plan, he led the team in executing key transactions to best align with our mission. Jim's leadership helped re-invigorate our identity as a purpose-driven company, focused on serving the life insurance needs of working families across North America and the UK. He accomplished a great deal in his tenure as our CEO and positioned Foresters well for continued success going forward. "On behalf of the Foresters Financial Board of Directors, I would like to thank Jim for his leadership and dedication to our Purpose," said Mr. Boyle as President and Chief Executive Officer on Januand will join the board upon Mr. Louis Gagnon, currently Chief Operating Officer, will succeed Mr. 16, 2021 /PRNewswire/ - Dan Fortin, Chairman of Foresters Financial, announced today Foresters Financial President and Chief Executive Officer, James Boyle's intention to retire February 2022, coinciding with the fourth quarter board meetings. COO Louis Gagnon Appointed as his Successor
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