February 7, 2017
NEW YORK – AXA US, a leading financial protection company, announced today that Trey Reynolds, a 30-year insurance industry veteran, has joined the company as the Head of Life Distribution for AXA in the US.
This new position will give emphasis to sales in the independent channel, which includes third-party organizations, such as broker general agents, wire houses, banks and other non-proprietary organizations. Reynolds will report to Ron Herrmann, Head of the Life business for AXA.
“Trey brings a depth of experience in working with brokerage life insurance, as well as with some of the insurance industry’s strongest third-party distributors,” said Herrmann. “Such relationships are key.” Trey’s proven track record with third-party distributors has given him an important operational perspective on the industry that will allow AXA to find ways to increase the penetration of its products to a large group of consumers who are under or uninsured.”
Prior to joining AXA, Reynolds had been National Sales Vice President for M Financial, John Hancock’s largest account as measured by countable premium. Earlier, as president and chief operating officer of BRAMCO, Reynolds was charged with working with its 28 independently owned firms, leading the effort to establish and extend the BRAMCO brand. Other positions included leadership positions with Ascensus and BISYS and overseeing the National Account channel for the Life Insurance Division of Crump Insurance Services.
Reynolds holds bachelor’s and MBA degrees from the University of Utah. In addition to being a Certified Public Accountant, he also holds FINRA Series 6, 63, 26 and 27 registrations.
“AXA” is a brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, NJ), AXA Advisors, LLC, and AXA Distributors, LLC. In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation’s premier providers of life insurance and annuity products distributed to individuals and business owners through its retail distribution channel, AXA Advisors, LLC (member FINRA, SIPC) and to the financial services market through its wholesale distribution channel, AXA Distributors, LLC (member FINRA, SIPC).
AXA S.A. (also referred to as “AXA Group”) is a Paris-headquartered holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC companies. AXA S.A. is a worldwide leader in financial protection strategies and wealth management with 103 million clients in 64 countries as of Dec. 31, 2016. AXA S.A. has been ranked the No. 1 insurance brand in the world by Interbrand for eight consecutive years as of Oct. 5, 2016.
The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability. Find AXA on Facebook, Twitter and LinkedIn. For more information, visit www.axa.com.
1 Coverage is guaranteed to age 90, or for 40 years if the policy is purchased under age 50, as long as the required guarantee premium is paid.
2 The Long-Term Care ServicesSM Rider does have an additional cost and is subject to restrictions and limitations. Clients may qualify for life insurance, but not for the Long-Term Care ServicesSM Rider.
3 Policy owners would be accessing the cash value through loans and withdrawals. Loans and withdrawals reduce the policy cash value and death benefit, may cause certain policy benefits or riders to become unavailable, and increases the chance that the policy may lapse. If the policy lapses, is surrendered or becomes a Modified Endowment Contract (MEC), the loan balance at the time would generally be viewed as distributed and taxable under the general rules for distribution of policy cash values.
Life insurance policies have certain exclusions and limitations and terms for keeping them in force. Certain types of policies, features and benefits may not be available in all jurisdictions or may be different. For costs and more complete details of coverage, contact your financial professional. This press release contains summary information about the BrightLife Protect policy. Please read the actual policy for terms and conditions.
BrightLife® Protect, a flexible Premium universal life insurance policy with an index-lined interest option is issued in New York and Puerto Rico by AXA Equitable Life Insurance Company (AXA Equitable). NY, NY, and in all other jurisdictions by MONY Life Insurance Company of America (MLOA), an Arizona stock company with its main administrative office in Jersey City, NJ. It is co-distributed by AXA Network, LLC Insurance Agency of California, LLC in CA; AXA Network Insurance Agency of Utah, LLC in Utah; AXA Network of Puerto Rico in PR) and AXA Distributors, LLC. AXA Equitable, MLOA, AXA Network and AXA Distributors are affiliated companies and do not provide tax or legal advice.