JAB Insurance Strengthens Leadership Team and Board to Propel Growth in Life Insurance Sector

JAB Insurance has made a strategic move to solidify its position in the life insurance industry by announcing Jin Chang as its new Partner, along with the addition of three new executives and four independent directors to its newly established Board. This development is a clear indication of the firm's dedication to assembling a leadership team with deep industry expertise to drive its ambitious growth plans.

Jin Chang, set to join JAB Insurance in July, brings over three decades of insurance experience, most recently serving as Senior Vice President of Finance at Athene, Apollo Global Management’s U.S. Insurance and Retirement Business. Anant Bhalla, Senior Partner and Chief Investment Officer at JAB, praised Chang's extensive experience and the value he is expected to bring to the firm's unique value proposition for its stakeholders.

The firm also announced the appointments of Guillaume Briere-Giroux, Andrew Taktajian, and Kyle Hales, each bringing specialized knowledge in life and annuity products, as well as legal and regulatory expertise, to further enhance JAB Insurance's operational and strategic capabilities.

In a significant step towards strengthening corporate governance, JAB Insurance has formed an independent Board featuring David S. Mulcahy, Gary 'Doc' Huffman, Olav Cuiper, and Ron Veith. These individuals collectively offer decades of experience in the insurance and financial services sectors, providing strategic oversight as JAB Insurance expands its presence in the U.S. market.

With the recent acquisition of Family Life and the pending acquisition of Prosperity Life, JAB Insurance is on track to manage over $25 billion in policyholder reserves and serve 1 million policyholders. These strategic moves, supported by a strengthened leadership team and an independent Board, underscore JAB Insurance's commitment to long-term growth and establishing itself as a leading force in the life insurance industry.