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Mike Pepe

Mike Pepe capitalized on 20 years of life insurance expertise by launching Proformex, a life insurance servicing platform that helps advisors, brokers, and carriers service clients better. Proformex delivers multicarrier visibility, collaboration, and performance reporting in a single, secure system.

Recent Posts

2 min read

How Should Advisors Respond to Carriers Offloading Life & Annuity Blocks?

By Mike Pepe on Nov 9, 2021 8:00:00 AM

Mergers and acquisitions have always been common within the life insurance and financial services industries. But recently, the trend has seemingly accelerated, particularly among carriers who are offloading their life and annuity business to private equity and venture capital firms. Recent examples include: Allstate, Voya, Allianz, Hartford Financial Services Group, Prudential, and Principal Financial Group.

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1 min read

From the Founder's Desk: A Response to Carriers Offloading Life Portfolios

By Mike Pepe on Oct 3, 2021 1:45:00 PM

I was reading Leslie Scism’s most recent article in the Wall Street Journal recently, and it spurred some interesting conversations. Leslie does a great job explaining different people’s perspectives on the same topic – that of insurers selling off portions of or all of their books to private equity firms. Recent examples include Allstate, Voya, Allianz, Hartford Financial Services Group, and Principal Financial Group.

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