AFBA and 5Star Life Insurance Company hires Sal Campanile as new Vice President of Sales for Worksite and Group Channel
Critical role for insurer as it tackles growth in strategic market
ALEXANDRIA, VA, May 5, 2015 — Armed Forces Benefit Association (AFBA) and 5Star Life Insurance Company (5Star Life) announce that Salvatore (Sal) Campanile is joining its team as vice president, Worksite and Group Sales for 5Star Life Insurance Company, effective May 1, 2015.
“I welcome Sal to our team. He will be a key driver in implementing our growth strategies in the worksite and group market which has tremendous potential for our organization” said Mark Singleton, President of 5Star Life Insurance Company.
Campanile comes to AFBA and 5Star Life with 25 years of experience driving strategic growth, product development, and implementation for industry leading insurance carriers and a respected national benefit communication and enrollment firm. His previous experience includes five years as Mid-Atlantic Region sales executive for Humana, Inc., where he led the development of the Mid-Atlantic Region and increased sales in both small and large group spaces, while raising brand awareness within the broker and client community. Prior, he spent 10 years at Employee Security Plans, Inc. as chief operating officer/vice president, marketing and technology, and 10 years with ReliaStar / ING.
“I am excited to join AFBA and 5Star Life,” said Campanile. “I look forward to working with our distribution partners to provide the quality products and services that are the AFBA and 5Star Life value proposition.”
About AFBA – Founded to Serve Our Great Nation
Headquartered in Alexandria, VA., Armed Forces Benefit Association (AFBA) was established in 1947 with the support of the General of the Army, Dwight D. Eisenhower to ease the strain on military members and their families. At that time, military members could not purchase life insurance that would pay a death benefit if the member was killed in combat. AFBA continues to honor the mission set forth by its founders—to promote the welfare of its members and their families by providing high quality, low-cost life insurance products and other financial benefits and services in peace and in war.
From its first offices in the basement of the Pentagon and for almost 70 years, AFBA has stood by our country’s armed forces. Today, AFBA is a market leader in offering low-cost life insurance to those who serve this great nation to include members of the uniformed services, first responders, government employees, and their families. AFBA currently has over 435,000 members with over $42 billion of life insurance in force and in excess of $1.8 billion of claims paid since inception. These life insurance programs are underwritten by 5Star Life Insurance Company, a related enterprise of AFBA.
About 5Star Life Insurance Company
5Star Life Insurance Company (5Star Life) is the underwriter of AFBA member policies and is also a growing provider of supplemental and other voluntary life insurance products. Its flexible business model enables 5Star Life to serve the needs of a diverse clientele — as an insurance advisor to individuals and organizations, and as a trusted carrier to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the Virgin Islands, Guam, American Samoa, and the Northern Mariana Islands.
AFBA / 5Star Contact: Cynthia Light, 703-224-5004, clight @afba.com