In this section, you will find an archive of our global and US news releases for the last 12 months. Click on the link to view one of the news releases.
Foresters Financial selects its 2019 scholarship recipients
(Toronto, ON, July 18, 2019) – Foresters Financial™ today announced the recipients of its competitive academic scholarships for 2019...
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Foresters Financial announces 4.3 percent UL crediting rate, well above industry average
(Toronto, ON, July 15, 2019) – In an environment of continued low interest rates, Foresters Financial™ (“Foresters”) today announced that the non-guaranteed crediting rate on its SMART Universal Life Insurance (“SMART UL”) will increase from 4.1 percent to 4.3 percent across new and in-force certficates1...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Detroit Kids
Toronto, ON, June 22, 2019 – The Detroit community was revitalized today thanks to a new playground built at Bailey Park. In just six hours, more than 150 volunteers from Foresters Financial™, the Bailey Park Project and the national non-profit KaBOOM! created the new playspace...
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Foresters Financial names its 2019 Community Involvement Award winner
(Toronto, ON, June 19, 2019) – Foresters Financial™, a purpose-driven life insurer, is proud to name Ira Gottshall its 2019 Community Involvement Award winner, celebrating his lifetime of volunteering and giving back...
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Foresters Financial approves 2019 dividend for U.S. participating certificate holders
(Toronto, ON, May 29, 2019) – The Board of Directors for The Independent Order of Foresters has approved a dividend of approximately $24.4 million1 for eligible2 participating U.S. certificate holders in 2019. The dividend investment rate in 2018 was 6.23 percent...
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Foresters offers Emergency Assistance to members in Ohio
Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members1 affected by tornadoes in Ohio...
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Play Opportunities for Mesa Kids
Mesa, May 18 2018 – The Mesa community was revitalized today thanks to a new playground built at Liberty Arts Academy. In just six hours, more than 100 volunteers from Foresters Financial™, Liberty Arts Academy and the national non-profit KaBOOM! created the new playspace...
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Foresters Financial Announces Agreement for Sale of its Canadian Asset Management Business to Fiera Capital
TORONTO – May 15, 2019 – Foresters Financial has entered into a definitive agreement with Fiera Capital Corporation (“Fiera Capital”) under which it will sell the outstanding shares of Foresters’ Canadian asset management business, Foresters Asset Management Inc. (“Foresters Asset Management”) to Fiera Capital...
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Foresters Financial bolsters its leadership as it refocuses on life insurance
(Toronto, ON, May 8, 2019) – Foresters Financial™ today announces the further bolstering of its senior leadership team with the appointment of its new Chief Operating Officer, Bruce Hodges, as the organization repositions itself to focus on its core life insurance business...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Fort Worth Kids
Fort Worth, TX, 2018 – The Fort Worth community was revitalized today thanks to a new playground built at North Hi Mount Elementary. In just six hours, more than 200 volunteers from Foresters Financial™, school community and the national non-profit KaBOOM! created the new playspace...
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Foresters Financial Announces Strategic Transactions
TORONTO – April 9, 2019 – Foresters Financial™ has entered into definitive agreements to sell assets related to its U.S. asset management business, including First Investors mutual funds, to Macquarie Investment Management (“Macquarie”), the investment manager of the Delaware Funds® by Macquarie family of funds, and its U.S. broker dealer and advisory business to Cetera Financial Group (“Cetera”)...
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Foresters Financial recognizes National Retirement Planning Week
(Toronto, ON, April 8, 2019) - Foresters Financial™ an international financial services provider, believes that having a comprehensive retirement plan is an essential component to financial security and well-being. However, a recent consumer study shows that only 64 percent of American workers feel confident about their ability to retire comfortably...
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Foresters offers Emergency Assistance to members in Arkansas, Iowa, Illinois, Louisiana, Minnesota, Missouri, Mississippi, Montana, Nebraska, South Dakota and Wisconsin
Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members1 affected by flooding in Arkansas, Iowa, Illinois, Louisiana, Minnesota, Missouri, Mississippi, Montana, Nebraska, South Dakota and Wisconsin...
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Arthur Scutro, Jr., finalist in the Mutual Fund Industry & ETF Awards 2019
Arthur M. Scutro, Jr., who has served as a Trustee for the entire First Investors Funds complex since 2006 and its Chairman since January 2013, is a finalist in the “Small Board Trustee of the Year” category in the Mutual Fund Industry & ETF Awards 2019...
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Emergency Assistance to members in Alabama and Georgia
Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members1 affected by tornadoes in Alabama and Georgia...
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Foresters Financial announces new leadership for Charlotte, NC office
Foresters Financial™, an international financial services provider has named Fanci Worthington as Vice President, Branch Manager of the Charlotte, NC office...
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Foresters Financial announces new leadership for Columbus, OH office
Foresters Financial™, a purpose-driven financial services provider has named Michael Schlegel as Vice President, Branch Manager of the Columbus, OH office...
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Foresters Financial announces new leadership for Metro, DC office
Foresters Financial™, a purpose-driven financial services provider has named Harvinder Sahni as Vice President, Branch Manager of the Metro, DC office...
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Foresters Financial reminds Americans February is a great time to ‘Insure Your Love’
A recent survey1 of Americans shows that a vast majority (78 percent) feel preparing financially for life’s unknowns is a way to show loved ones you care...
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Foresters Financial improves the ease of doing business for agents selling medically underwritten insurance products
(Toronto, ON, December 10, 2018) – Foresters Financial™, a purpose-driven financial services provider, is pleased to announce an innovation that will allow our U.S. network of representatives to sell medically underwritten life insurance products faster and more efficiently...
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Foresters Financial is pleased to announce Jason Gerb’s election to FINRA Regional Committee
NEW YORK, NY, November 20, 2018 -- Jason H. Gerb, CRCPTM, CAMSTM, Chief Compliance Officer at Foresters Financial Services, has been elected to serve as a member of the FINRA Regional Committee, District 10, New York Region...
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Foresters offers Emergency Assistance to members in California
Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its eligible members1 affected by wildfires in California...
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Foresters offers Emergency Assistance to members in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia
Who: Foresters Financial™, a purpose-driven financial services provider committed to doing more for families and communities, is offering assistance to its members affected by Hurricane Michael in Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Lincoln Kids
Lincoln, CA – The Lincoln community was revitalized today thanks to a new playground built at Creekside Oaks Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Western Placer Unified School District and the national non-profit KaBOOM! created the new playspace...
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Foresters Financial maintains A.M. Best “A” (Excellent) ratings
(Toronto, ON, October 11, 2018) – Foresters Financial™, an international financial services provider, has maintained its A.M. Best financial strength1 ratings...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Black Mountain Kids
Black Mountain, NC – The Black Mountain community was revitalized today thanks to a new playground built at Black Mountain Primary. In just six hours, more than 200 volunteers from Foresters Financial™, the YMCA of Western North Carolina, Buncombe County Schools and the national non-profit KaBOOM! created the new playspace...
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Foresters Financial Named Finalist in 2018 MMI/Barron's Industry Awards
Foresters Financial is excited and proud to announce we have been named as a finalist in the 2018 Money Management Institute/Barron’s Industry Awards in the ”Doing Good” category. The MMI/Barron’s Industry Awards celebrate outstanding achievement and honors firms that have raised the bar by delivering superior solutions for financial advisors and investors over the past year at their annual gala. The Awards consist of 10 specialized categories and include three to four finalists in each category. The “Doing Good” award honors programs that support a deserving cause or give back to the communities they serve.
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Foresters Financial and KaBOOM! Celebrate building 150 Playgrounds Together while Increasing Play Opportunities for Minneapolis Kids
Minneapolis, MN – The Minneapolis community was revitalized today thanks to a new playground built at Jenny Lind Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Jenny Lind Elementary School and the national non-profit KaBOOM! created the new playspace...
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Foresters offers Emergency Assistance to members in Maryland, North Carolina, South Carolina and Virginia
Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by Hurricane Florence in Maryland, North Carolina, South Carolina and Virginia...
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Celebrating 150 playgrounds
On Saturday, September 22, the Minneapolis community will be revitalized thanks to a new playground built at Jenny Lind Elementary School. Nearly 200 volunteers from Foresters, Jenny Lind and KaBOOM! will create the new playground, ultimately helping 1,300 children and their families in the local community for years to come...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Schenectady Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Steinmetz Homes
Schenectady, NY – The Schenectady community was revitalized today thanks to a new playground built at Steinmetz Homes. In just six hours, more than 200 volunteers from Foresters Financial™, the Boys & Girls Clubs of Schenectady and the national non-profit KaBOOM! created the new playspace, which will serve more than 1,200 children and their families in the local community for years to come...
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New study reveals more than 40 percent of Americans don’t have any form of life insurance
(New York, NY, September 4, 2018) – Foresters Financial™ believes life insurance is an essential component of people’s overall financial fitness. It protects families and can also be a useful savings and investment vehicle. But a new study shows that while 84 percent of Americans say that most people need life insurance, only 68 percent say they personally need it and only 59 percent own some form of it1...
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Foresters Financial announces winners of 2018 Competitive Scholarships in Canada and the United States
(Toronto, ON, August 31, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the 250 recipients of our 2018 Competitive Scholarships in North America...
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Foresters Financial names Alvin Sharma as new Global Chief Financial Officer
(Toronto, ON, August 24, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the appointment of Alvin Sharma as our new Global Chief Financial Officer, effective September 17, 2018. He will be based in Toronto...
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Foresters Financial names Ryan Fleming as its 2018 Community Involvement Award winner
(Toronto, ON, July 30, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce Ryan Fleming as our 2018 Community Involvement Award winner...
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Foresters offers Emergency Assistance to members in California
Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by wildfires in California...
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Foresters Financial approves 2018 dividend for U.S. participating certificate holders
(Toronto, ON, July 31, 2018) – The Board of Directors for The Independent Order of Foresters has approved a dividend of approximately $24.3 million1 for eligible2 participating U.S. certificate holders in 2018. That is up more than 2 percent from the $23.7 million disbursed in 2017. The dividend investment rate in 2017 was 6.58 percent...
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Foresters Financial announces the appointment of Bill Stevens as Senior Vice President, Retail Sales
(Toronto, ON, July 9, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the hiring of Bill Stevens as its new Senior Vice President, Retail Sales for our Foresters Financial Services, Inc. distribution network, effective immediately...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Chicago Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Nixon Elementary School
Chicago, IL – The Chicago community was revitalized today thanks to a new playground built at Nixon Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Nixon Elementary School, Hermosa Neighborhood Association, Community Organizing and Family Issues (COFI) and the national non-profit KaBOOM! created the new playspace, which will serve more than 900 children and their families in the local community for years to come...
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Houston Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at Sammons Elementary School
Houston, TX – The Houston community was revitalized today thanks to a new playground built at Sammons Elementary School. In just six hours, more than 200 volunteers from Foresters Financial™, Sammons Elementary School and the national non-profit KaBOOM! created the new playspace, which will serve more than 1,100 children and their families in the local community for years to come...
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Foresters Financial strengthens management of First Investors Global Fund
(Toronto, ON, June 4, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the hiring of an international equity team to manage the First Investors Global Fund (Class A: FIISX, Advisor: FIITX and Institutional: FIIUX) for our North American Asset Management unit.
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A New Playground Brings Joy to San Bernardino’s Perris Hill Park - Foresters Financial and KaBOOM! Put Kids First in San Bernardino
San Bernardino, CA – Today more than 200 volunteers from Foresters Financial™, the City of San Bernardino and the national non-profit KaBOOM! transformed San Bernardino’s largest park. In just six hours, Perris Hill Park received a new playspace, which will serve more than 1,200 children and their families in the local community for years to come...
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Foresters Financial releases 2017 annual report
(Toronto, ON, May 17, 2018) – Foresters Financial™, an international financial services company, is pleased to release its annual report to members. The magazine and digital version are called Moved to Action and include information on our grant programs, membership activities and 2017 financial results...
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Foresters offers Emergency Assistance to members in Hawaii
Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by volcanic eruption and earthquakes in Hawaii...
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Foresters Financial gives back to the Waimea, Hawaii community, presents Sindy Wylie with Community Involvement Award
(Toronto, ON, May 9, 2018) – Foresters Financial™, an international financial services organization, gave back to the Waimea, HI, community during its annual convention on April 25, 2018...
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Foresters Financial appoints David Longfritz as new Global Chief Marketing Officer
(Toronto, ON, May 1, 2018) – Foresters Financial™, an international financial services provider, is pleased to announce the appointment of David Longfritz as its new Global Chief Marketing Officer, effective May 7, 2018.
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Foresters offers Emergency Assistance to members in North Carolina
Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by the tornado in North Carolina.
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Foresters Financial and KaBOOM! Partner to Increase Play Opportunities for Jacksonville Kids - Community Volunteers Build State-of-the-art Playground in Six Hours at the Winston Family YMCA
Jacksonville, FL – The Jacksonville community was revitalized today thanks to a new playground built at the Winston Family YMCA. In just six hours, more than 200 volunteers from Foresters Financial™, the Winston Family YMCA and the national non-profit KaBOOM! created the new playspace, which will serve more than 6,500 children and their families in the local community for years to come...
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Foresters Financial wins prestigious IABC 2018 Gold Quill Award of Excellence for employee engagement
(Toronto, ON, April 18, 2018) – Foresters Financial™, an international financial services provider committed to doing more for families and communities, has won an International Association of Business Communicators (IABC) 2018 Gold Quill Award of Excellence in the communication management/employee engagement category...
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Foresters Financial launches the First Investors Premium Income Fund
NEW YORK, NY -- Foresters Financial, an international financial services providers, announced today the launch of the First Investors Premium Income Fund (Class A: FPIKX, Advisor: FPILX and Institutional: FPIMX). The Fund is unique in the open-end mutual fund industry as it sells in-the-money call options against a portfolio of high-quality, high-conviction large-cap equities, essentially trading the potential upside of capital appreciation of a stock for current income while seeking some downside protection. Its investment objective is to generate income for its shareholders.
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Foresters Financial and Financial Horizons Group donate employment kits to Operation Stand Down in Tennessee
(Toronto, ON, March 22, 2018) – Foresters Financial™, an international financial services provider, teamed up with Financial Horizons Group to package and donate 150 employment kits for U.S. armed forces veterans’ group Operation Stand Down in Nashville, Tennessee.
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Foresters Financial and FFP Insurance Services donate hygiene kits to The Shade Tree shelter
(Toronto, ON, February 26, 2018) – Foresters Financial™, an international financial services provider, teamed up with FFP Insurance Services to package and donate 200 hygiene kits for women to The Shade Tree shelter in Las Vegas, Nevada...
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Foresters Financial Reminds Americans to “Insure Their Love” This February
(New York, NY, February 1, 2018) – According to LIMRA, an international insurance trade association, 65% of adults agree they need life insurance and 30% of U.S. households have no life insurance at all.* That’s why this February, Foresters Financial Services, Inc. would like to remind everyone to not only show their love, but to “insure their love.”
It’s nice to receive the typical Valentine’s Day gifts such as flowers, candy or dinner out. But what about something with a more lasting impact, such as the financial security you can obtain from life insurance? It is the ultimate gift of love.
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Foresters offers Emergency Assistance to members in California
Who: Foresters Financial™, an international financial services provider committed to doing more for families and communities, is offering assistance to its members affected by mudslides in California.
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Foresters Financial appoints Blake Moore as the new President of North American Asset Management
TORONTO--(BUSINESS WIRE)--Foresters Financial™, an international financial services provider, is pleased to announce Blake Moore as the new President of North American Asset Management, effective January 16, 2018.
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James Macey appears on Fox Business News Countdown to Closing Bell
How to sell what people need but don't want
Minneapolis elementary school students help design a new playground, to be built this fall with help from Foresters Financial volunteers.
Giving back while traveling: Foresters Financial holds volunteer day at WES
Everyday Heroes Dream playground
Wichita Falls Woman Strives To Make A Difference In Many Lives
Fantastical project brings smiles to sick children
Volunteer-built playground comes to life at Salvation Army site
Leadership Conference Starts With Feeding Thousands
Deciding If a Qualified Longevity Annuity Contract is Right for You
Volunteers build playground in North Hills Suddieth Park
Foresters to end sales conferences
Morning Briefing Insurers to get briefing and it is rocket science
Dell Readies Massive Bond Deal
Volunteers bring families together with new playground
Foresters Financial, KaBOOM! and volunteers bring families together with new playground at Coffey Park
Construyen parque infantil en Cockrell Hill
Iowa Red Cross Workers to Help with Canadian Wildfire Disaster
Red Cross hands out donation money to Fort McMurray residents
Foresters Financial, volunteers, KaBOOM! build City of La Habra community playground
January is a good month to review your retirement plan
La Habra Notes: City looking for proposals on how to spend federal funding
Two Canadian insurance executives appointed to LL Global board
KaBOOM! A playground gets built in 8 hours
Foresters hires former Liberty Life exec
Foresters to become Foresters Financial
Effective branding can help build loyalty
Dream playground at Pouch Camp comes to life for local families
Major insurer changing its name
Community at Ardmore Ave. School build playground
QLACs take flight but will they soar
Volunteers to come together to build YMCA playground
Volunteers help box care packages for troops
Lou Severino Named 2015 Community Involvement Award, Foresters
KCK elementary school getting playground after students pen letter to principal
Money fix benefits increase earnings limits for social security
Foresters hands out community involvement award
A.M. Best Upgrades Ratings of Foresters Life Insurance Company and First Investors Life Insurance Company
New Playground Opens in El Cajon
Major insurer hires North American President and Executive VP
Foresters announces senior hire
Despite downpour, playground rises up for Morris Jeff Community School
Bringing up baby and being able to afford to
When it comes to saving and investing make time your friend
Even with a late start there are ways to invest for retirement
Carrier aims annuity at younger buyers
Managing your mortgage your money and more
Longevity annuity alleviates worry of outliving your money
Foresters Financial
Foresters Financial™ is an international financial services provider with over three million clients and members1 in the United States, Canada and the United Kingdom. The Foresters Financial family of companies provides investment, life insurance, savings and retirement solutions that help families reach their financial goals, and improve their communities.
At Foresters Financial, we believe our products are just a starting point. We believe in working with communities to make our purpose a reality. That’s why we invest time and money in ways we can work together to make a difference, including neighborhood programs, charities and scholarships.
As a fraternal benefit society, The Independent Order of Foresters has a global network of more than two-million members. Members enjoy unique benefits including competitive academic scholarships, financial counseling and discounted legal services 1.
Foresters Financial family of companies
The Foresters family of companies operates in the United States, Canada and the United Kingdom.
Foresters Financial Corporate Office
Foresters Financial
789 Don Mills Road
Toronto, ON, M3C 1T9
Foresters Financial Holding Company
Foresters Financial
40 Wall Street, 10th Floor
New York, NY, 10005
Foresters Financial UK
Foresters Financial UK
2 Cromwell Avenue
Bromley, UK, BR2 9BF
Executive leadership
James R. (Jim) Boyle, President and Chief Executive Officer
Euan Allison, Chief Executive Officer, United Kingdom
Pat Colavita, Vice President and Chief Internal Auditor
Nicole Gourley, Global Chief Membership Officer
Mehul Kapadia, Chief Information Officer, Vice-President of IT and Business Transformation
David Longfritz, Global Chief Marketing Officer
Marcia Mendes-d’Abreu, Global Chief Human Resources Officer
Blake Moore, President, North American Asset Management
Alvin Sharma, Global Chief Financial Officer
Gaurav Upadhya, Chief Actuary
René Zanin, Global Chief Legal Officer and Chief Compliance Officer
Financial strength
Foresters Financial is an international financial services provider with more than three million clients and members in Canada, the United States and the United Kingdom. We provide life insurance, savings, retirement and investment solutions that help families achieve their financial goals and make a lasting difference in their lives and communities. Foresters Financial has assets of $17.8 billion
2, $15.8 billion in liabilities, total funds under management of $43.2 billion and a surplus of $2.0 billion
3. The Independent Order of Foresters, Foresters Life Insurance Company, and Foresters Life Insurance and Annuity Company has also each received an “A” rating from A.M. Best
4. We continue to invest in growth and expansion, while also maximizing our positive impact on families and communities.
Products
The Foresters Financial family of companies offers:
- In North America – A variety of retirement, investment and savings products and a range of life insurance products including individual term, whole life and universal life as well as annuities.5
- In the United Kingdom - A variety of retirement, saving, investment and protection products.6
Competitive scholarships
Up to 250 competitive scholarships are awarded each year to eligible Foresters members or their dependent children and grandchildren in the US and Canada and 150 in the UK.1 For more information, visit our Membership page.
Community support
Foresters Financial helps protect families and communities across North America and the U.K. through national charitable partnerships with KaBOOM!, Cash for Kids, and hundreds of local charities and community organizations chosen by our members.