July 9, 2009-Jacksonville, FL-
Fortegra Financial Corporation, a leading insurance services
company specializing in payment protection, affinity marketing,
mass marketing and administration, today announced that Joe McCaw
has been promoted to President of the Payment Protection Division
and Dale Bullard has been promoted to Executive Vice President and
Chief Marketing Officer of Fortegra Financial.
Fortegra's President and CEO Richard
S. Kahlbaugh observed, "After the acquisition of Bliss and Glennon
we recognized the need to finalize the divisional structure we
began to implement in 2003, clearly identify the brands applicable
to each division and dedicate appropriate resources to each
division. As such we have placed all of our resources dedicated to
payment protection in one division and they will operate under the
Life of the South brand.
Mr. Kahlbaugh added, "The divisional
structure places decision making as close to the customer as
possible. I am confident this move will create greater focus on
meeting our customers' needs in both the near and long term. We are
building a larger and stronger Payment Protection Division and
believe that focusing resources in a division dedicated solely to
payment protection products and services will enhance our growth.
Joe McCaw is well-positioned to lead this division. He is well
respected in the payment protection industry and has a wealth
product knowledge and industry expertise."
"Dale Bullard will oversee our growth
efforts across all brands and lead our mergers and acquisition
efforts. Dale and his team have over forty years of insurance
industry and deal experience. As is always the case, we are looking
to position our executives to have the most significant impact on
our growth and development. Dale has experience in this role and I
am confident he will be very successful."
Joe McCaw, President of the Payment
Protection Division noted, "Life of the South is committed to
credit insurance and debt cancellation. We continue to expand our
sales organization and are adding experienced payment protection
sales leadership to grow our business. We are investing in new
technology to streamline customer set up, premium processing, claim
adjudication and customer reporting. We are an active advocate for
the interests of the payment protection industry on both a state
and federal level. Our current and future customers will reap the
benefit of these investments and I look forward to leading this
Fortegra Financial offers a full range
of insurance services including payment protection products,
insurance product development, property and casualty wholesale
brokerage, life wholesale brokerage, reinsurance intermediary
services, captive management, mass marketing and administration and
third party policy and claims administration. The Company's broad
and varied customer base includes the nation's most recognized
banks, financial institutions and retailers as well as a large
variety of regional and local financial and insurance concerns.
Additional information about Fortegra can be found at www.fortegra.com.