Articles from Securian Financial

Credit union members are more likely than non-credit union members to have ancillary insurance protections—roadside assistance, vehicle and property protection, extended warranties, etc.—for their high-value purchases, according to a new study.

Chris LeClair, a longtime industry veteran, has joined Securian Financial as an external wholesaler for the company’s Institutional Retirement Solutions business.

With the U.S. fertility rate dropping to an all-time low in 20231, a new study says economic conditions are having a major impact on the decision of whether to have children among Americans working full-time.

Susan (Sue) Reibel, previously chief executive officer of John Hancock Retirement, and James (Jim) Kolar, previously the central market managing partner for PwC, have been elected to the Securian Financial Board of Directors. They assumed their director roles on March 1, 2025.

Securian Financial achieved strong financial results in 2024, delivering above-industry growth in the markets it serves while again being there for customers and the community, the insurance and retirement solutions provider announced at its recent annual all company meeting.

Securian Financial has launched an enhanced version of its flagship indexed universal life (IUL) insurance product.

Securian Financial has launched two supplemental health insurance products—accident insurance and critical illness insurance issued by Securian Life Insurance Company—tailored for distributors to market to customers of affinity organizations, including financial institutions and associations.

Securian Financial announced today that Warren Zaccaro, executive vice president and chief financial officer (CFO), will retire on July 1, 2025, after 20 years of dedicated service to the company.

Securian Financial is teaming up with the industry’s premier emergency medical transportation benefit service—MASA—in an exclusive agreement to offer market-leading ambulance coverage as an addition to Securian’s group accident insurance product offered in workplaces throughout the country.

Securian Financial is expanding its commitment to the growing digital lending marketplace through a strategic partnership with Aven, a fintech company offering a consumer credit card backed by home equity—the Aven Home Card. Securian Financial’s debt protection product, which can cover enrolled cardholders’ monthly payments if they become involuntarily unemployed, is now offered to all Aven Home Card applicants at no profit to Aven.

Securian Financial and Open Lending have announced a strategic partnership for Securian to provide insurance to credit unions and other auto lenders through the Lenders Protection™ program offered by Open Lending, a leading provider of automotive lending enablement and risk analytics solutions for financial institutions.

Securian Financial has launched Securian Specialty Lines, Inc., a new surplus lines insurance company, to provide additional innovative insurance solutions to financial institutions and associations. AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Securian Specialty Lines.

Securian Financial and Empathy are joining forces to give Securian Financial’s more than 11 million employee benefits customers access to comprehensive support to navigate the logistical and emotional complexities that come with loss.

Securian Financial has launched Access Term Life, a single premium term life insurance product developed for distribution through consumer finance companies.

With more American workers taking on caregiving duties in their personal lives—and their overall wellness being impacted because of it—more employees expect their employers to provide benefits and resources to support them in their caregiving responsibilities, according to the results of a recent survey.

Darryl Jackson has been elected to the Securian Financial board of directors. He assumed his director role on March 1, 2024.

Securian Financial increased revenue and earnings significantly in 2023 while furthering its growth plans and again being there for customers and the community, the insurance and retirement solutions provider announced at its recent annual employee meeting.

Securian Financial has hired Darrin Hebert as senior vice president and chief information officer, reporting to Kristi Fox, Securian Financial executive vice president and chief administrative officer.

Securian Financial Chairman, President and CEO Chris Hilger has signed the Employer Support for the Guard and Reserve Statement of Support—officially pledging Securian Financial’s continued commitment to supporting military servicemembers both inside and outside of its workplace.

Securian Financial named Kristin Ferguson senior vice president in charge of Individual Solutions, which includes the company’s individual life insurance and individual annuities business lines.

Securian Financial is significantly enhancing its three-product suite of workplace supplemental health insurance benefits as these products continue to be popular additions to employers’ benefit packages—with industrywide sales growing 12 percent in 2022.1

Securian Financial today named a new leader for one of its divisions and announced the hiring of two seasoned professionals for key positions.

Securian Financial has hired Tariq Malik as second vice president and chief diversity officer. Malik joined the company on April 24 and reports to Becca Hagen, Securian Financial vice president for talent management.

Securian Financial is teaming up with Reclaim Health to increase benefit utilization for Securian Financial’s supplemental health insurance customers through claims integration and analytics. Reclaim Health is a claims-driven health care financial advocacy platform helping plan members optimize their health care benefits.

Securian Financial is continuing to strengthen its position in the employee benefits market.

Fully 73% of Generation Z employees and 74% of Millennial employees have utilized mental health benefits offered by their employers, while 58% of Generation X employees and 49% of Baby Boomer employees have used the benefits.

Securian Financial—a diversified provider of insurance, investment and retirement solutions—announced 2022 results at its recent annual employee meeting. Earnings increased significantly while the company took bold steps to prioritize its most promising growth opportunities and fulfilled its purpose of building secure tomorrows for its customers.

Securian Financial today announced several leadership promotions and a new hire as the company increases its strategic focus on priority markets.

Joan Gabel, president of the University of Minnesota, was elected to the Securian Financial board of directors at the company’s December board meeting. She will assume her role as a director on January 1, 2023.

Securian Financial is expanding its retirement plan distribution relationship with Qualified Plan Advisors (QPA) with the introduction of the QPA Managed Account Service—an advisor managed account solution, built with Stadion Money Management, that maximizes personalization to manage risk and help employees of all ages reach retirement income goals.

To provide greater assistance to employees growing their families, Securian Financial—in a first among insurance carriers1—is adding “BenefitBump” as a value-added service.2 The BenefitBump service can be used with Securian Financial’s group hospital indemnity insurance issued by Securian Life Insurance Company.

Startup accelerator, gener8tor, and two leading organizations in the insurance space, Allianz Life Insurance Company of North America (Allianz Life) and Securian Financial, announced today the five participants of the 2022 OnRamp Insurance Accelerator: Botdoc, ForwardLane, Manifest, Nestimate and White Swan.

For the second consecutive year, Securian Financial has earned the No. 1 ranking in a market research firm’s review of online enrollment processes for workplace retirement plans.

Securian Financial is proud to provide critical illness insurance to Minnesota’s more than 22,000 firefighters under a comprehensive, state-funded wellness program developed by the Minnesota Firefighter Initiative (MnFIRE).

Shaquawn Schasa, a financial professional and leader with 17 years of experience, has opened Strategic Fortune Wealth Management—an independently owned firm offering comprehensive financial strategies to individuals and businesses in the Los Angeles area.

Strategic Retirement Partners (SRP), an industry leading retirement plan consulting services firm, has selected Securian Financial as the pooled plan provider and recordkeeper for their WELLthBUILDER Pooled Employer Plan (PEP).

Securian Financial has added three return of premium options1, an optional premium waiver agreement and other enhancements to the latest version of SecureCare™, the St. Paul, Minnesota-based insurer’s hybrid life/long-term care insurance product.

Securian Financial announced 2021 results at its recent annual employee meeting. Revenue and overall sales grew, and the company fulfilled its purpose of being there for people who count on it—including providing nearly $850 million in COVID-19 related death benefits.

Securian Financial today announced several leadership promotions and transitions to further its strategic priorities.

Securian Financial announced today that its subsidiary, Canadian Premier Life Insurance Company, is acquiring Sun Life Assurance Company’s association & affinity and creditor group businesses in Canada.

Securian Financial has hired Renee Montz as senior vice president, general counsel and corporate secretary, reporting to chairman, president and CEO Chris Hilger.

Securian Financial is expanding its retirement plan distribution relationship with SageView Advisory Group with the introduction of SageView Personalized Portfolios—an advisor managed account solution that maximizes personalization to manage risk and help employees of all ages reach retirement income goals.

Securian Financial has awarded $10,000 to Telo, a Minneapolis-based startup, as the 2021 winner of a Securian Financial-sponsored award to innovators working to improve and enrich the lives of families and whose ideas make it easier to put family first. The award, launched in 2016, is part of MN Cup, an annual statewide startup competition.

Securian Canada, Inc., a subsidiary of Securian Financial Group, announced today it has acquired Armour Group Inc., a distributor of credit and specialty property and casualty products through automobile dealers, recreational vehicle dealers and finance companies in Canada.

Securian Financial’s Matthew King has been elected president of the National Institute of Pension Administrators (NIPA) board of directors, effective July 1.

Securian Financial has expanded its data modeling tool that helps employers identify critical insurance gaps among their workers to include an analysis of the potential need for supplemental health benefits.

Securian Asset Management, Inc., a subsidiary of Securian Financial, announced today that Mike Steinert, currently senior vice president and chief compliance officer, will also assume the role of chief operating officer effective August 1, 2021.

Securian Asset Management, Inc., a subsidiary of Securian Financial, announced today that Sean O’Connell will succeed David Kuplic as president and CEO of Securian Asset Management—and chief investment officer for Securian Financial—on July 1, 2021.