Category: Member News
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National Guardian Life Insurance Company and Insurance Capital Group launch strategic partnership
National Guardian Life Insurance Company and Insurance Capital Group launch strategic partnership
Creation of BrightBenefits and investment in Commercial Travelers to be initial transactions
MADISON, WI (November 20, 2019) – A new strategic partnership was launched by National Guardian Life Insurance Company (“NGL”), a Madison-based life insurer with a rich heritage dating back to 1909 and assets of over $5 billion, and New York-based Insurance Capital Group (“ICG”), the leading strategic investor in the mutual insurance industry.
NGL and ICG, through its Federal Life Group, Inc. (“Federal Life”) affiliate, have jointly developed and launched a national dental and vision insurance business called BrightBenefits, which will be led by insurance industry veteran Danny Bentley. BrightBenefits policies will be issued by Commercial Travelers Insurance Company, an A.M. Best A- (Excellent) rated affiliate of NGL, in which Federal Life will make a significant equity investment, subject to receiving regulatory approval.
“This new strategic partnership with ICG allows NGL to diversify its investments into new markets without losing its focus on being a leading provider of preneed insurance for customers nationwide. ICG brings exceptional talent and additional capital to this partnership that will allow growth in new and exciting ways,” said Knut A. Olson, NGL President & CEO.
“We are honored to have been selected by NGL as its strategic partner and we are extremely excited about the launch of BrightBenefits and the broader strategic partnership with NGL. We are confident that BrightBenefits, led by its talented management team, will develop into one of the nation’s leading vision and dental platforms,” said Matt Popoli, founder and CEO of Insurance Capital Group and Director of Federal Life.
“Our goal for BrightBenefits is to be a trusted partner and leading provider of employee benefits products and services that help employers and their employees protect their families,” said Danny Bentley, President of BrightBenefits. BrightBenefits will offer both employer and employee paid dental and vision insurance and will look to expand the product offerings as the company grows.
Bentley is a leader in fostering innovation, driving organizational change and delivering profitable growth. Bentley most recently served as President of Davis Vision, the nation’s third largest vision insurer with approximately 22 million members.
Bentley began his career at Protective Life where he created and pioneered the voluntary, ancillary benefits products industry by introducing the nation’s first voluntary dental product. He later joined A.G. Edwards Investment Banking, serving as a Managing Director and Head of the firm’s Insurance Practice before rejoining the insurance industry.
The closing of the investment by Federal Life is subject to certain regulatory approvals, including the approval by the New York Department of Financial Services and the Wisconsin Office of the Insurance Commissioner.
Foley & Lardner LLP are serving as legal counsel, and Grace Global Capital LLC as financial advisor to NGL. Purrington Moody and Debevoise & Plimpton are serving as legal counsel, and Insurex, LLC as financial advisor to ICG and Federal Life.
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About National Guardian Life Insurance Company and Commercial Travelers
Established in 1909 National Guardian Life Insurance Company is an insurance company headquartered in Madison, Wis. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products. NGL is rated A- (Excellent) by A.M. Best. Information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company.
Commercial Travelers Life Insurance Company (CT) has been providing insurance coverage since 1883. CT is rated A- (Excellent) by A.M. Best and became a wholly-owned, stock subsidiary of NGL in 2017.
About Insurance Capital Group
Insurance Capital Group is a holding company which acquires and makes investments in insurance businesses across targeted sectors with a focus on sponsored demutualizations and other complex conversion transactions. Our objective is to create long term shareholder value as measured by growth in tangible book value through the ownership and oversight of our partner companies. For more information about us, visit www.insurancecap.com.
About Federal Life Group, Inc.
Federal Life Group, Inc. (OTCMKTS: FLFG) is the parent of Federal Life Insurance Company (“FLIC”), an independently operated provider of quality life insurance and annuity products, incorporated in 1899. FLIC is headquartered in Riverwoods, Illinois, a suburb approximately thirty miles north of Chicago. FLIC is proud of its longstanding tradition of financial strength and stability and serves over 28,000 policyholders. For more information, go to www.federallife.com.
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NGL reported $4.1 billion in consolidated liabilities for 2018. Financials current as of 12/31/18. Ratings current as of 02/21/19.
National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.
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Jodi Lyon-Grams Brings More Than 20 Years of Experience to The Creative Company
MADISON, WI – The Creative Company welcomes Producer and Publicist Jodi Lyon-Grams to the team. As a former TV news correspondent and producer, Jodi’s work has been on Lifetime, Big Ten Network and numerous PBS affiliates across the country. She has specialized in medical news and health & wellness content as well as travel stories for broadcast and web. Effective media pitching is all about finding the right news hook and Jodi’s experience helps our clients get the media placements they need to move their projects forward.
“Jodi’s decision to join us is a huge boost to The Creative Company. She provides senior-level counseling and expertise that our clients have come to expect,” said Laura Gallagher. “The addition of Jodi to the team strengthens our public affairs team securing our position to help clients achieve their communication and business goals.”
Previously, Jodi worked as a producer for America’s longest-running travel show, Discover Wisconsin, a freelance video producer and editor for regional corporate clients, an on-air reporter for local tv news and a freelance host/producer at Milwaukee Public Television. She’s also produced numerous video news releases for major pharmaceutical companies nationwide.
“I’m thrilled to be working at The Creative Company with a team of wonderfully talented people who serve our clients so well,” said Jodi. “Whether it’s helping a business build a brand or manage a crisis, The Creative Company is a rewarding place to work.”
About The Creative Company, Inc.
The Creative Company is a Public Relations, Web Development, Interactive Digital Media and Marketing Agency located in Madison, Wisconsin. Founded in 1989, The Creative Company is an award-winning team of senior-level, award-winning, branding strategists, designers, artists, digital developers, and PR pros, led by company founder and State of Wisconsin Trailblazer, Laura Gallagher.
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Health Equity Symposium Will Provide Information About Current Health Issues in Madison Area
Contact Information: Shauna Breneman, Communications Director
Office: (608) 262-8862
Email: sbreneman@wisc.edu
HEALTH EQUITY SYMPOSIUM WILL PROVIDE INFORMATION ABOUT CURRENT HEALTH ISSUES IN MADISON AREA
MADISON – The Wisconsin Union Social Justice Hub, the Student Pre-Health Committee, and the Center for Pre-Health Advising will co-host the Health Equity Symposium at the University of Wisconsin-Madison on Dec. 5. The goal of the symposium is to educate undergraduates about current health issues in the Madison area, what is currently being done, and how students can get involved both now and in their future careers.
The symposium will consist of a keynote address by Quinton Cotton, a current doctorate student at the University of Wisconsin-Madison who is working with the UW School of Medicine and Public Health to enhance its diversity efforts. Four breakout sessions will follow the keynote address, and each will be held twice.
The Health Equity Symposium will take place Dec. 5 from 5-8 p.m. and be based in the George L. Mosse Humanities Building in room 1121. Breakout sessions will occur in other Humanities Building classrooms.
Event organizers encourage all students interested in health and social justice issues to attend this free event. Those who are interested are invited to fill out this interest form.
Established in 2019, the Wisconsin Union Social Justice Hub (SJH) provides purposeful, out-of-classroom education for students seeking resources and skill-building opportunities related to social justice. SJH creates opportunities for skill development in teamwork, creative problem-solving, communication, leadership and being an effective member of society.
The non-partisan Social Justice Hub is funded by Wisconsin Union operating revenue and private donations. No taxpayer dollars are used in the Hub’s operations, staffing or programming.
The Student Pre-Health Committee is made up of student leaders from health-related student organizations that work with the UW Center for Pre-Health Advising (CPHA) to connect and strengthen student relationships in their organizations, cultivate awareness of CPHA resources, plan and promote campus events that raise awareness about health inequities and to provide UW pre-health students with professional development opportunities.
To learn more about this event, visit https://union.wisc.edu/events-and-activities/event-calendar/event/health-equity-symposium/.
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About the Wisconsin Union
The Wisconsin Union enhances the lives of members and visitors through recreational, cultural, educational and social opportunities. Formed in 1907, the Wisconsin Union is a membership organization that blends study and leisure to create unique out-of-classroom opportunities. Learn more about the Union and its tradition of providing experiences for a lifetime: union.wisc.edu.
To read this release online, visit union.wisc.edu/about/news/health-equity-symposium.
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DeWitt’s Wisconsin Super Lawyers & Rising Stars Announced
FOR IMMEDIATE RELEASE
November 15, 2019
FOR MORE INFORMATION CONTACT: Michelle M. Friedman, mmf@dewittllp.com / 262-754-2877
DEWITT’S WISCONSIN SUPER LAWYERS & RISING STARS ANNOUNCED
MADISON | MILWAUKEE | MINNEAPOLIS – DeWitt LLP announced today 11 of its attorneys were named by Wisconsin Super Lawyers® as top attorneys in Wisconsin for 2019. Additionally, 8 attorneys were recognized as Rising Stars®.
Attorneys selected for inclusion in 2019 Wisconsin Super Lawyers and Rising Stars are:
Super Lawyers:
- Shannon A. Allen – Business Litigation
- Jon P. Axelrod – Business Litigation
- Stephen A. DiTullio – Employment & Labor
- Eric A. Farnsworth – PI Plaintiff
- Douglas H. Frazer – Tax
- David J. Hase – Business Litigation
- Paul R. Hoefle – Business Litigation
- Ronald R. Ragatz – Insurance Coverage
- Joseph A. Ranney, III – Business Litigation
- Brian R. Smigelski – Business Litigation
- Michael W. Wilcox – Estate & Probate
Rising Stars:
- Matthew J. Hills – Business/Corporate
- Chase A. Horne – Civil Litigation – Defense
- Oliva M. Kelley – General Litigation
- Michael R. Kruse – Civil Litigation – Plaintiff
- Deborah H. Meiners – Business Litigation
- Scott M. Paler – Employment & Labor
- Brody C. Richter – Business/Corporate
- Barret V. Van Sicklen – Employment & Labor
The selections for Super Lawyers are made by the research team at Super Lawyers, which is a service of the Thomson Reuters legal division based in Eagan, Minnesota. Each year the team conducts a thorough selection process that includes a statewide survey of lawyers, independent evaluation of candidates by the attorney-led research staff, a peer review of candidates by practice area and a good-standing and disciplinary check.
The final list of Wisconsin Super Lawyers features the top five percent of attorneys in more than 60 practice areas. Lawyers featured on the Rising Stars list are selected based upon similar criteria as Super Lawyers; however, a candidate must either be under 40 years of age or in practice for 10 years or less, and a peer evaluation is not conducted.
About DeWitt
DeWitt LLP is one of the ten largest law firms based in Wisconsin, with an additional presence in Minnesota. It has nearly 140 attorneys practicing in Madison and Metropolitan Milwaukee, Wisconsin, and Minneapolis, Minnesota, in a variety of legal areas and has the experience to service clients of all scopes and sizes. The firm is known for its work in several areas, including intellectual property, patents, trademarks and copyright law, civil rights litigation, construction litigation, corporate law, employment, environmental, employee benefits, estate planning, family law, government relations, health care, litigation, real estate, and tax law. More information is available at dewittllp.com.
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Nolin Joins Alliance Board
Contact: Peggy Rynearson, Sr. Public Relations and Events Specialist
608.210.6658; prynearson@the-alliance.org, www.the-alliance.org/news-and-press
NOLIN JOINS ALLIANCE BOARD
MADISON, Wis. (November 13, 2019) ─ Jake Nolin, Director of Human Resources at Rice Lake Weighing Systems, has been appointed to The Alliance Board of Directors effective January 1, 2020.
Among his many duties at Rice Lake Weighing Systems, Jake is leading the charge to provide high-value health care at his company. He said, “Six years ago it became clear that the cost of fully insured health plans is unsustainable for our business, employees and their families. Since then, we have been able to offer better healthcare benefits at a lower cost.” Rice Lake Weighing Systems credits much of its success to its like-minded partners at The Alliance for access to contracted care, Alithias for healthcare pricing transparency and advocacy, and Neopath Health to run Cedar Ridge, a no-cost direct primary care Health Center for their members. Jake says, “once we had the basic tools in place, the most important part became educating and incentivizing our Take Control of Your Health Plan members to be smart healthcare consumers.”
Prior to joining Rice Lake Weighing Systems in 2011, Nolin held human resources leadership positions at Fortune Brands, Newell-Rubbermaid, and GKN. Jake was also a partner at Competitive Dynamics International and a Project Director at The Pacific Institute.
Jake graduated Magna Cum Laude from Northern Illinois University with a bachelor’s degree in Human Resource Management. Jake earned an M.B.A. in Human Resource Management and a master’s degree in Business Law with honors from the University of Miami, Florida. Jake is certified as a Senior Professional in Human Resources, a Master Trainer for Mission Directed Work Teams, and a Master Facilitator for Investment In Excellence and Thought Patterns for High Performance.
The Alliance board also includes:
- Richard Campbell, head of human resources, ABS Global, a division of Genus PLC
- Diana Clark, benefits manager, Promega Corporation, Madison, Wis.
- Wendy Culver, chief human resources officer, Mead & Hunt, Madison, Wis.
- Mick Gronewold, owner, Fehr Graham, Rockford, Ill.
- Lisa Henke, risk/benefits manager, County of Walworth, Elkhorn, Wis.
- Brad Olm, vice president of human resources, Gordon Flesch Company, Inc., Madison, Wis.
- Craig Parsons, president, Palmer Johnson Power Systems, Sun Prairie, Wis.
- Kyle Reading, president, Spuncast, Watertown, Wis.
- Larry Pribyl, chief financial officer, Trachte Building Systems, Sun Prairie, Wis.
- Shirley Reif, secretary-treasurer, Crest Foods Company, Inc., Ashton, Ill.
The Alliance Board of Directors works together with staff to set the direction for The Alliance. The Alliance is a not-for-profit cooperative that moves health care forward by controlling costs, improving quality, and engaging individuals in their health. Members include more than 250 self-funded employers, and multiemployer plans in Wisconsin, Illinois and Iowa.
To learn more about The Alliance Board, including biographies, visit: https://the-alliance.org/about-the-alliance/board-of-directors