FBL Financial announces executive appointments
BUSINESS RECORD STAFF Feb 18, 2020 | 4:04 pm
2 min read time
436 wordsAll Latest News, Banking and Finance, On the Move
FBL Financial Group Inc. has announced the appointment of three individuals to its executive management team. The appointments, effective March 1, are: Daniel Koster, vice president, marketing and agency services (top photo); Ronald Mead, vice president, sales and distribution (middle); and Jay Seiboldt, chief operating officer, property casualty companies (bottom). They will report directly to CEO Daniel Pitcher. “Dan, Ron and Jay are all proven leaders with FBL Financial Group, for both life insurance and our managed property casualty companies,” Pitcher said in a news release. “They have extensive experience in several areas: sales, operations and marketing. With these appointments, FBL’s executive management team is established and well-rounded with valued experience and deep roots in Farm Bureau. We are well positioned to move Farm Bureau Financial Services forward to fulfill our purpose of protecting livelihoods and futures.”
The West Des Moines-based company operates under the consumer brand name Farm Bureau Financial Services, with affiliates that offer life insurance, annuity and investment products.
Koster, 52, is currently vice president, marketing and sales services, a position he has held since 2015. He has held various marketing positions since joining FBL Financial Group in 1998. In his new role as vice president, marketing and agency services, he will have responsibility for agent support, client/member experience and marketing for the company’s brand Farm Bureau Financial Services. Before FBL, Koster held marketing and research positions with Wells Fargo Financial, Pioneer Hi-Bred and Wells Fargo Card Services. He holds a bachelor’s degree in marketing and a master’s degree in agricultural economics, both from Iowa State University.
Mead, 49, is currently vice president, personal lines and agriculture, a position he has held since 2013. He has held various claims, operations and sales roles, including regional vice president and business unit vice president, since joining FBL in 1992. As vice president, sales and distribution, he will have overall responsibility for sales and distribution through FBL’s Farm Bureau Financial Services multiline exclusive agency force. He holds a bachelor’s degree in business administration-finance and a Master of Business Administration degree, both from the University of Nebraska-Lincoln.
Seiboldt, 60, is currently vice president, property casualty companies, a position he has held since 2019. In his new role as chief operating officer, property casualty companies, he will have overall responsibility for pricing, underwriting, claims and operations for commercial, personal and agricultural lines. Seiboldt has held various claims, operations and sales roles, including vice president for claims and regional vice president, since joining FBL in 1981. He holds a bachelor’s degree in political science and government from the University of Nebraska-Lincoln and is a chartered property casualty underwriter.
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