5Star Life Insurance Co. President Mark Singleton Named Chair of the Life Insurers Council
Role shapes strategy and direction for council and its members
ALEXANDRIA, Va – 5Star Life Insurance Company announced today that Mark Singleton, President and Chief Executive Officer of 5Star Life, was named Chair of the Life Insurers Council (LIC) at its annual meeting in February in Destin, Florida.
“I’m pleased that Mark has accepted this leadership role within the industry. It underscores the fact that we have a cadre of senior leaders at 5Star Life with a high level of expertise and industry knowledge,” said General Ed Eberhart, USAF (Ret.), Chairman of 5Star Life.
“We are delighted to have Mark Singleton serve as Chair of the Council. Under his leadership, we plan to advance our mission of helping members drive performance through shared excellence,” said Jeff Shaw, Executive Director of the Life Insurers Council.
Part of LOMA and LL Global (LIMRA / LOMA), the Life Insurers Council provides a forum for senior-level life insurance executives, primarily from small-to-medium sized companies, to exchange information, ideas, and practical business solutions. Singleton has been a member of the LIC Board of Directors since 2015.
Singleton joined 5Star Life in 2012 bringing more than 25 years of experience in the financial services industry, including executive level roles in the life and health, property and casualty, retirement services, and real estate sectors. A seasoned industry veteran with proven abilities in developing and implementing growth strategies, Singleton guides strategic initiatives for 5Star Life. Prior to that, he served as President and Chief Executive Officer of Ullico, Inc., a multi-line financial services company in Washington, DC. Earlier in his career, he was CFO and a founder of Inviva, Inc., and CFO of Fidelity & Guaranty Life Insurance Company.
“I’m honored to take on the role of Chair and delighted to work with my esteemed peers and Jeff Shaw to guide the council as it tackles pressing issues affecting our industry today,” said Mark Singleton.
About 5Star Life
5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies and is also a growing provider of group and worksite voluntary products. Its 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 partner to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, and American Samoa.