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WINDSOR, Conn., December 15, 2009 – Vantis Life Insurance Company announced today a continuation of the company’s national expansion with the hiring of Darcy Kleman as the company’s new Midwest Business Development Director and Michael Gaab as the new West Coast Business Development Director.
“The hiring of Darcy and Mike allows Vantis Life to present our unique, focused business model to financial institutions from coast to coast,” notes Craig Simms, Vantis Life’s Senior Vice President of Marketing. “As a financial institutions specialist, Vantis Life brings a better life insurance experience to those banks and credit unions that are looking to add a life insurance protection solution for their customers.”
Through November, Vantis Life’s new recurring premium increased by 17% over the same period in 2008. The Company is anticipating a similar growth rate in 2010 with the new geographic coverage in place.
Darcy Kleman previously was Vice President, Relationship Management at Allstate Financial Distributors. In her new position, she will be responsible for business development in a 10-state region covering nearly all of the Midwest. She will be based in Schaumburg, Illinois.
Michael Gaab previously was a Regional Sales Manager for Allstate Financial Distributors. Mike will be responsible for business development in California and six other western states. He will be based in Sacramento, California.
Vantis Life is focused solely on providing financial institutions and their customers with a variety of life insurance and annuity products. These products are offered by licensed agents via an award-winning online process. This process is supported by best-in-class wholesaling and access to Vantis University, the Company’s exclusive online, Webex, and in-person training and development resource.
About Vantis Life Insurance Company
Founded in 1942, Vantis Life makes life insurance affordable for hard-working American families. With the financial strength of more than $700 million in assets and an "A-Excellent" rating from A.M. Best, Vantis Life is sold by licensed representatives at financial institutions and through a professional, licensed direct sales force in the Company's Windsor, Connecticut headquarters.
Vantis Life Insurance Company was established in 1942. From its inception, the company's primary goal has been to provide families with affordable life insurance and annuity products available through their financial institution. Vantis Life has more than $4.7 billion of life insurance in force and a rating of A- Excellent from A.M. Best. Sales and marketing information is available at 1-866-826-8471 or www.vantislife.com.