The American Council of Life Insurers has picked Wealthy Bielen, the CEO of Protecting Life, to be its 2025 chair.
Bielen, who additionally serves on the board of ProAssurance, a property-casualty insurer, succeeded Paul Quaranto Jr., the chairman and CEO of Boston Mutual Life.
The ACLI is a Washington-based group for all times and annuity issuers. It introduced the management modifications final week at its annual convention in Chicago.
What it means: The ACLI is without doubt one of the primary teams shaping tax and monetary companies coverage in Washington and in state capitals.
Bielen and Quaranto will affect any rooms the place tax modifications affecting life insurance coverage, annuities, trusts or property planning occur.
Different management modifications: Along with getting a brand new board chair, the ACLI is getting a brand new high government.
