F&G Annuities & Life Announces Leadership Transition and Strategic Focus
F&G Annuities & Life, Inc., a prominent provider of insurance solutions for retail annuity and life insurance customers as well as institutional clients, announced a leadership transition as of August 7, 2025. John Currier, who has served as President for ten years and contributed to significant growth in the company's retail market operations, will retire and transition to a senior advisory role reporting to CEO Chris Blunt. Currier's tenure saw a focus on expanding F&G's retail footprint, leading to exceptional sales growth and a doubling of assets under management in five years, positioning F&G as a market leader in several sectors.
Conor Murphy, the current Chief Financial Officer who joined F&G in April 2025, concurrently assumes the role of President. Murphy brings extensive executive experience in the U.S. insurance industry, including leadership roles at Resolution Life US and Brighthouse Financial. His dual role is expected to support F&G's strategic focus on expanding capital-light, fee-based business segments to enhance profitability and returns.
CEO Chris Blunt acknowledged Currier’s instrumental leadership in transforming F&G's retail business and expressed confidence in Murphy’s ability to drive the company’s continued growth and operational efficiency. The leadership changes reflect F&G’s evolving business strategy focused on sustainable growth and market leadership.
F&G operates within a complex regulatory environment, with its business subject to insurance industry regulations including underwriting standards, product sales and pricing rules, capitalization, and statutory reserve requirements. McConor's financial expertise is expected to guide compliance and capitalize on growth opportunities amid these regulatory frameworks.
The forward-looking statements in the announcement caution about risks related to economic conditions, interest rates, market volatility, and regulatory changes, all of which could influence F&G’s financial performance and operational plans. This leadership update provides insight into F&G's governance structure and strategic priorities in the competitive life insurance and annuities market in the U.S.
Overall, the transition highlights the emphasis on leveraging executive experience to strengthen financial management and expand fee-generating businesses, which are pivotal for long-term profitability in the insurance sector. These developments are relevant for stakeholders monitoring executive leadership trends, corporate governance, and growth strategies within the U.S. life insurance and annuities market.