Combined Insurance Company of America Announces Mexican Operation.

CHICAGO--(BUSINESS WIRE)--Dec. 19, 1994--Combined Insurance Company of America has been granted a license to operate in Mexico, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3. Richard M. Ravin rav·in also rav·en
n.
1. Voracity; rapaciousness.

2. Something taken as prey.

3. The act or practice of preying. , chairman of Combined.

Combined, which was founded in 1919 by W. Clement Stone, currently has more than 8,000 agents selling life, accident and health insurance in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , the United Kingdom, Ireland, the Netherlands, Germany, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. .

Kenneth P. Hallen, vice president and divisional manager of Combined's Life and Health Eastern Division, has been promoted to the position of vice president for expansion and managing director of Mexico and Latin American countries List of American countries

Nations:

Antigua and Barbuda
Bahamas

. He is responsible for recruiting, selecting, training and expanding the Combined sales force in Mexico and other Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. countries to follow. Hallen's career began with Combined in 1966 as an agent with accident insurance sales force in London.

"Mexico and Latin America represent very exciting opportunities for Combined's continued growth and future direction. Ken's business sense, his ability to develop startup opportunities, and above all, his excellent record of managing and developing successful sales operations make him the right person at the right time for this position," Richard M. Ravin said.

Combined Insurance Company of America is a unit of Aon Corporation, a $17 billion insurance and financial services company based in Chicago.

CONTACT: Combined Insurance Company of America, Chicago

E.J. Finneran, (312) 701-3315

COPYRIGHT 1994 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Business Wire
Date:	Dec 19, 1994
Words:	225
Previous Article:	Lincoln National Convertible Securities Fund announces dividends.
Next Article:	Mego Financial Corp. subsidiary announces increase of purchase commitment from a major financial institution.
Topics:	Insurance Insurance industry Foreign operations

Related Articles
Garrick-Aug signs joint venture with Mexican broker.
ING to Gain Lead Position With Joint Venture in Mexico.
Brazil is Back.
At risk: As Mexicans slowly warm to the idea of getting insured, recent acquisitions are putting the insurance industry in foreign hands. (Special...
Fully covered: eager to latch on to Latin American growth, insurers jump in with both feet. (Insurance).
Reducing risk: insurance companies see big potential in Mexico. (Special Report).
Rockers without borders.
Positive growth prospects: fourth quarter 2004, strong oil prices boost outlook.
FIX NAFTA BEFORE GOING FOR EXPANSION.
MEXICAN TRUCKS COMING SAFETY, SMOG CONCERNS IN TRADE TEST PROGRAM.