Rona Guymon Appointed President of Retail Life and Annuity at Prosperity Life Group

Prosperity Life Group has appointed Rona Guymon as the President of Retail Life and Annuity, a strategic role aimed at boosting their footprint in the competitive retail life insurance and annuity markets. Tasked with managing retail distribution, Guymon will oversee marketing efforts and national accounts, focusing on regulatory compliance requirements and increasing market share. She will report directly to CEO Michael Ferik as she enhances product competitiveness and spearheads new business initiatives.

Industry Leadership and Expertise

Guymon's distinguished career includes her recent position as Senior Vice President of Annuity Distribution at Nationwide, where she optimized distribution channels such as broker-dealers and banks, achieving operational efficiencies and surpassing sales targets. Her 13 years at Protective Life saw her excel as Vice President of Business Development and National Sales Manager, showcasing her proficiency in underwriting, claims, marketing, and sales across mutual funds, annuities, and life insurance sectors.

Community Involvement and Advocacy

Beyond her industry commitments, Guymon actively participates in community initiatives, frequently speaking at industry conferences and advocating for inclusivity in financial services. She holds board positions at 6Stride and St. Mary’s Food Bank, furthering her influence and commitment to societal advancement.

Company Strategy and Growth

Prosperity Life Group, a leading life insurance carrier in the United States, extends its operations to offshore markets such as Cayman and Bermuda, offering life and annuity insurance alongside reinsurance and capital solutions. CEO Michael Ferik lauds Guymon as a "transformational leader," praising her ability to build efficient distribution channels and foster growth. Her expertise fits perfectly with the company's retail growth strategy.

Expressing her enthusiasm, Guymon highlighted Prosperity Life Group's robust product portfolio and strategic backing from JAB Insurance as significant growth catalysts. She aims to enhance the organization’s distribution capabilities, bringing exceptional value to industry partners and their clients.