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Finseca continues collaboration with NAIC’s efforts to increase diversity in marketing, distribution, and access to life insurance products to better promote Financial Security for All

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WASHINGTON, November 2, 2022 /PRNewswire/ — Today, the CEO of Finseca, Marc Cadin and four members of the financial security profession moderated a panel discussion with the NAIC’s Special (EX) Committee on their efforts to increase diversity and address the unnecessary burdens placed on professionals dedicated to the financial security of million Americans.

Finseca (PRNewsfoto/Finseca)

Finseca (PRNewsfoto/Finseca)

The roundtable added to existing work that began in July when Finseca partnered with NCOIL, ACLI, NAIFA and others to take action to mitigate unnecessary barriers to recruitment and retention of healthcare professionals. financial security.

“Having access to a financial security professional who provides holistic financial planning plays a vital role as one of the primary ways American families can achieve financial security,” said Marc CadinCEO of Finseca. “We simply don’t have enough professionals in this space for the level of financial security needed, and we need to be intentional about better representing the American people. I am grateful to the NAIC Special (EX) Committee for leading those important conversations.”

In addition to addressing the twin issues of producer retention and diversity, Finseca panelists discussed the cast they each represent and the importance of recruiting the next generation of holistic financial security professionals.

“Not only do we need to ensure more diversity in the profession, said Misty WeltzienManaging Partner at Pacific Advisors. “We need to focus on the things that prevent diverse customers from getting the best coverage.”

“I grew up in a Boston neighborhood far removed from the life insurance industry, but the impact of a life insurance benefit on my family and a diversity internship program at John Hancock steered me towards my career,” said mike jamesEVP and Head of Life and Wealth at NFP. “Finseca inspires young people with compelling pathways to the financial security profession and stories about the value our industry delivers. Our shared commitment to increasing diversity, equity, inclusion and belonging will drive meaningful progress .”

“As co-founder of Blacks Uplifted in Leadership Development (BUILD), it is crucial to remove unnecessary barriers to the profession“, said James Dean,CEO of JD Financial Group & Associates, Inc. “We need to enable more Americans to engage with the nation’s top financial security professionals to ensure they have a plan that’s right for them.”

“I am proud to see my fellow Finseca members having the courage to seize opportunities, roles and situations to advance the cause of financial security for all,” said Mickens CognacEVP of Mid American Branch at Equitable Advisors. “I look forward to building on today’s conversation and continuing to shine a light on the growth of a more diverse profession in hopes of minimizing the disparate impact on underserved markets.”

Finseca will continue to take steps to bring more people together to advance the cause of financial security for all.

About Finseca
At Finseca, we know that financial security improves people’s lives and protects their livelihoods and future well-being. We take up the challenge of increasing financial security for all. Finseca represents the men and women of the financial security profession who dedicate themselves every day to providing financial security to their clients.

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SOURCE Finseca

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