FIA Leader Allianz Shuffles Top Execs
December 2, 2016 by Cyril Tuohy
Mike Brandriet, a nine-year veteran of Allianz Life Financial Services, has been named president of the company and takes over from longtime leader Robert DeChellis, Allianz Life Insurance of North America announced.
DeChellis, who has led Allianz Life Financial Services for more than 10 years, will head a new business unit “based on a strategy of promoting the benefits of holistic planning,” the company said in a news release.
Allianz Life Financial Services is a subsidiary of Allianz Life Insurance of North America.
Allianz Life Insurance, the top seller of fixed indexed annuities in the U.S. last year, saw sales of the popular retirement product plummet more than 31 percent compared to 2014, according to Wink’s Sales & Market Report.
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