Penn Mutual Growing Its Agent Force
March 17, 2016 by Cyril Tuohy
While competitors are completing block purchases of captive agents, Penn Mutual Insurance is expanding via its traditional hub-and-spoke model – recently adding three new offices.
The new managing partners are: Dewane Lewis Jr., in Nashville, Tenn., Scott Stone in Kansas City, Mo., and Danny J. Noles in Birmingham, Ala., announced Penn Mutual, a Horsham, Pa.-based seller of life, annuity and financial planning products and services.
“We normally would not put three agencies on in 30 days, but they approached us and we had great conversations,” said Bill Stevens, vice president of career agency distribution at Penn Mutual.
Penn Mutual, ended 2015 with about 800 career agents and hopes to end 2016 with over 900 agents, Stevens said. Click HERE to view article…
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