Foresters Financial Appoints Tom Ross as Chief Distribution Officer for U.S. Annuity Sales

Foresters Financial has appointed Tom Ross as the Chief Distribution Officer for U.S. Annuity Sales, effective October 12, 2026, marking a strategic move as the company prepares to introduce a new Multi-Year Guaranteed Annuity (MYGA) to the U.S. market in 2027.

This appointment signals Foresters Financial's commitment to strengthening its position in the U.S. annuity market. With the introduction of the MYGA, Ross will lead the charge in developing and overseeing a comprehensive sales strategy, a critical component as Foresters aims to expand its distribution network. Andrea Frossard, the Chief Commercial Officer at Foresters, has expressed confidence in Ross's ability to meet market needs, focusing on key values like trust and dependability. This strategic initiative not only solidifies Foresters’ foothold in the annuities sector but also enhances its broader financial services offerings.

Industry Experience and Strategic Vision

Ross brings a robust background with 16 years in the financial services field, most recently as National Distribution Vice President at F&G. His expertise in wholesaling and managing national accounts is expected to significantly benefit Foresters’ distribution channels and growth plans. His role will involve close collaboration with various departments to ensure the seamless launch and sustainable growth of the MYGA product. Ross expressed enthusiasm for joining a purpose-driven organization, highlighting the alignment of Foresters’ values with his vision for business growth through partnership and innovation.

Foresters Financial: Commitment and Community

Operating under The Independent Order of Foresters, Foresters Financial stands out for its commitment to sustainability, community service, and social responsibility. The organization boasts a strong credit rating, maintaining an "A" (Excellent) rating from A.M. Best, a testament to its financial strength and reliable claims service. This strategic focus on annuities aligns with Foresters' broader mission of supporting families in securing their financial futures and reflects its dedication to robust and responsible growth in the insurance sector.