Life insurer Foresters Financial has appointed Matt Berman as president of Foresters Financial US and Canada, taking over the firm’s Canadian operation.
Previously president of Foresters Financial US, Berman has also served as chief distribution officer and president of the firm’s former subsidiary, Foresters Life Insurance and Annuity Company (FLIAC).
The firm added that to ensure a seamless transition, Berman has been working closely with outgoing president of the Canadian division, Henry Auyeung, who announced his retirement in January.
Berman joined Foresters Financial in February 2017 and has more than 25 years of experience leading strategic planning, sales and product management in both the property and casualty, and life and savings sectors including at Axa, AIG and Zurich Insurance.
Louis Gagnon, president and CEO of Foresters Financial said: “Matt’s impressive track record, strong leadership and clear passion for improving customer experiences, coupled with his embodiment of Foresters values, positions him as an ideal partner to drive continued success and growth in the US and Canada.
“I look forward to Matt’s future contributions and, on behalf of the organization, would like to congratulate him on this well-deserved appointment.”
Berman (pictured) added: “I am truly honoured to be appointed president of the US and Canadian divisions.
“I am eager to continue our strong momentum in both markets by executing our long-term strategic goals.”