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OneAmerica Appoints New President For Individual Life And Financial Services

OneAmerica names former Genworth exec Patrick M. Foley as president of individual life and financial services.

Headquartered in Indianapolis, Ind., OneAmerica has appointed Patrick M. Foley as president of individual life and financial services (ILFS), where his focus will be on the career agency system and the asset-based care distribution channels, called CareSolution, for OneAmerica Companies.

Foley will be following Mark Wilkerson, who is due to retire in 2014. He comes to OneAmerica from Benworth, where he was president of distribution and marketing. Foley led that company's multichannel distribution platform of life, annuity, long-term care, linked benefit products and strategic marketing programs.

Check out: Insurance Policies Sold Digitally Will Double, Says Accenture

“Pat Foley is uniquely qualified to lead this vital division of our enterprise, says Dayton H. Molendorp, CEO and chairman at OneAmerica. “He has proven success in every aspect of the business, from building and growing a top general agency to successfully leading critical business units as a company executive. We believe he is well-suited to drive out individual business growth strategy into the future.”

Zarna Patel is a staff writer for InformationWeek's Financial Services brands, which include Bank Systems & Technology, Insurance & Technology and Wall Street & Technology. She received her B.A. in English and journalism from Rutgers University College of Arts and Sciences in ... View Full Bio

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