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Penn Mutual Life Insurance Company, M Financial Group announce new relationship.

HORSHAM, Pa: The Penn Mutual Life Insurance Company and M Financial Group announced a new specialty carrier relationship that will make Penn Mutual the primary provider of whole life insurance for M Financial.

It is a collaborative network of independent firms headquartered in Portland, Oregon. M Financial is one of the largest independent financial services design and distribution networks serving the affluent and corporate markets through an exclusive network of more than 145 member firms.

David O'Malley, president and chief operating officer at Penn Mutual, said, "Penn Mutual is excited to partner with an organization that shares our philosophy that life insurance is a foundational element of a successful financial plan. M Financial has a tremendous track record of possessing advisers that solve client objectives."

While Penn Mutual has working relationships with other industry distribution leaders, the new partnership enhances Penn Mutual's access to the affluent market for life insurance. At the same time, Penn Mutual's inclusion will bolster M Financial's existing financial services portfolio.

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Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:Sep 27, 2018
Words:165
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