American General Life Companies has named NAIFA member John Deremo executive vice president and chief distribution officer. He joins American General from Protective Life Corporation, where he served as Senior Vice President and Chief Distribution Officer.
“John is a highly respected life and annuity distribution executive with more than 30 years of distribution management experience,” says Mary Jane Fortin, president and CEO of American General. “This appointment, along with a number of other strategic investments we’re making, demonstrates our commitment to the U.S. life business. I am confident that John’s strong background and experience working with multiple distribution channels–including brokerage general agencies, national insurance marketing organizations, financial institutions and independent broker dealers–will place us firmly on the path for continued growth and success.”
Most recently at Protective Life Corporation, Deremo held overall responsibility for the sales, marketing and distribution functions for both Protective Life Insurance Company and West Coast Life Insurance Company. During his 20 years at Protective Life, he built a strong track record of success by strategically growing the firm’s presence in the life and annuity marketplace. Before joining Protective Life, Deremo co-founded Spectra Financial Inc., leading the national marketing and sales areas. He began his career with Pacific Mutual in 1979.