HORSHAM, PA — The Penn Mutual Life Insurance Company has announced significant expansions to its Enterprise Leadership Team, including key appointments in Operations, Distribution, and 1847Financial, the company’s national organization for affiliated Financial Professionals.
Stephen Kennedy joins Penn Mutual as Chief Operating Officer. He will oversee operations, including service and underwriting, working towards delivering service excellence to both Financial Professionals and policyholders. Kennedy comes from Thrivent, where he built a service-first mentality as COO. His career spans over three decades with senior roles at Allianz and AIG American General.
“I’m thrilled to join Penn Mutual, a strong mutual company with a rich legacy and long-standing dedication to Financial Professionals and policyholders,” said Kennedy. “Penn Mutual’s core values of acting with integrity, building relationships, and delivering on promises will guide our teams in achieving operational excellence.”
Jennifer Dorfmeister has been promoted to Chief Distribution Officer. She will lead the Independence Financial Network and oversee the marketing and distribution of Penn Mutual life insurance and annuity products to independent Financial Professionals. With over 20 years in the life insurance industry and eight years at Penn Mutual, Dorfmeister has grown strategic distribution relationships and expanded the advanced sales support team, solidifying Penn Mutual’s leadership in key markets.
Heather Nagengast joins the Enterprise Leadership Team as President of 1847Financial. This group provides affiliated Financial Professionals with comprehensive solutions in life insurance, wealth management, business development, and marketing. Nagengast’s role now includes aligning Hornor, Townsend & Kent (HTK) within 1847Financial to support Financial Professionals seeking flexible wealth management solutions. With over 20 years in financial services, Nagengast has transformed Penn Mutual’s affiliated distribution model into a premier destination for holistic planning.
These leadership changes signal Penn Mutual’s commitment to strengthening its operations and expanding its influence in the life insurance and wealth management sectors. The appointments of Kennedy, Dorfmeister, and Nagengast aim to enhance service delivery, broaden market reach, and provide robust support for Financial Professionals. As the company continues to grow, these leaders will play crucial roles in navigating the evolving landscape of financial services and maintaining Penn Mutual’s legacy of integrity and customer focus.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.