Ind. Conseco President Moves to Allstate Financial

Carmel, Ind.-based Conseco Inc. today announced that President and Chief Operating Officer James Hohmann will be leaving the firm to become president of Allstate Financial.

Conseco Chairman R. Glenn Hilliard said, “Jim Hohmann brought a wide breadth of insurance industry experience to Conseco. He served exceptionally well as Conseco’s interim chief executive officer earlier in the year, and I and the board of directors wish him success in his new position.”

Conseco also announced the following management changes:

Scott Perry has been named president of Bankers Life and Casualty Company. Perry previously was executive vice president and chief operating officer of Bankers Life.

Mark Alberts has been appointed executive vice president and chief actuary for Conseco. Alberts previously was senior vice president, actuary for Conseco Insurance Group.

As previously announced, Steven Stecher, executive vice president, will head the newly formed Operations Group, based in Carmel, Ind. This group comprises policyholder services, premium processing, claims and other back office functions from Conseco’s Bankers Life and Casualty business in Chicago and its Conseco Insurance Group business in Carmel.

John Wells, senior vice president, will head the newly combined Long-Term Care operations which include the Bankers Life Long-Term Care (LTC) and the LTC Closed Block operations.

Conseco, Inc. sells medicare supplement, long-term care, cancer, heart/stroke and accident policies, annuities and life insurance products.

Source: Conseco Inc.

Latest Comments

• December 20, 2006 at 1:55 am

  John Rory says:

  I bet he took a pay cut to work for Allstate. Historically, Conseco has overpaid their company executives with ridiculous compensation packages.