West Des Moines, Iowa — FBL Financial Group, Inc (NYSE: FFG) announced today that Nick Gerhart will join the company as Chief Administrative Officer, on or around January 23, 2017. In this role, Gerhart will have responsibility for enterprise strategic planning, government relations, human resources and health services, among other administrative functions. He will be a member of FBL Financial Group’s Management Team and report directly to Chief Executive Officer James P. Brannen.
Gerhart, 41, served as the Insurance Commissioner of the State of Iowa from February 2013 until December 2016. Prior to that, he worked at Sammons Financial Group and American Equity Investment Life Insurance Company. He earned his law degree and health law certificate from St. Louis University School of Law and a Masters of Health Administration from St. Louis University School of Public Health. He also earned a B.A. from the University of Northern Iowa.
“I am thrilled to welcome Nick to our organization; it’s a win on many levels,” said James P. Brannen, FBL Financial Group’s Chief Executive Officer. “Nick has provided outstanding service to the State of Iowa and the insurance industry, and he has a reputation for innovation and fairness. His deep understanding of insurance and regulation makes him ideally suited for this role,” Brannen adds. “Through my work with Nick on the Federation of Iowa Insurers and as an insurance carrier in the State of Iowa, I’ve come to admire his passion, insight and tireless work ethic.”
“FBL Financial Group and its affiliated Farm Bureau Financial Services brand have a long track record of high touch service to client/members,” Gerhart said. “Their niche Farm Bureau marketplace and skilled multiline exclusive agency force combine to create a unique value proposition and opportunity to meet the needs of today’s consumers with insurance and retirement funding options that help them achieve their financial goals. I’m looking forward to being a part of this dynamic organization and helping the companies further differentiate themselves.”
Nancy Doll, Marketing Communications Vice President
(515) 226-6215, Nancy.Doll@FBLFinancial.com
Kathleen Till Stange, Vice President Corporate & Investor Relations
(515) 226-6780, Kathleen.TillStange@FBLFinancial.com
About FBL Financial Group, Inc. FBL Financial Group is a holding company whose purpose is to protect livelihoods and futures. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses, which are distributed by multiline exclusive Farm Bureau agents. In addition, FBL Financial Group manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee. FBL Financial Group, headquartered in West Des Moines, Iowa, is traded on the New York Stock Exchange under the symbol FFG. For more information, please visit www.fblfinancial.com.