New board member brings notable worksite industry expertise
ALEXANDRIA, VA – 5Star Life Insurance Company (5Star Life) announced today the appointment of Bonnie Brazzell to its Board of Directors, effective December 1, 2023.
“We are pleased to welcome Bonnie Brazzell to the 5Star Life Board of Directors. Her knowledge and expertise in the worksite industry will be an invaluable asset to our organization as we continue to be a growing provider of group and worksite voluntary products,” said General Larry O. Spencer, USAF (Ret.), Chair and President of 5Star Life.
Bonnie is a leading expert in the worksite/voluntary products industry. She worked for Eastbridge Consulting Group from 1999 until September 2023. At Eastbridge Bonnie managed consulting projects for both worksite/voluntary and group clients. She focused on strategic, business, and marketing planning; competitor, product, and market analyses; and business line assessments. In addition, Bonnie oversaw a variety of research projects—both consortia and client specific—designed to improve the marketing of group and voluntary products.
Prior to Eastbridge, she had 25 years of experience with Colonial Life & Accident Insurance Company. During her tenure at Colonial, Bonnie worked in various positions including underwriting, product development, market development, and customer marketing. Bonnie is a frequent speaker at industry events and has had articles published in numerous publications. In July 2015, the Workplace Benefits Association inducted her into the Worksite Marketing Hall of Fame. She has a degree in mathematics and lives in Columbia, S.C.
“We are fortunate to have Bonnie serving on the 5Star Life board. Her deep industry knowledge will help guide our efforts as we grow our presence in the worksite/voluntary products market,” added Kimberley E. Wooding, Executive Vice President and Chief Financial Officer.
About 5Star Life
5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies. In addition, it extends the enterprise’s mission to civilians serving our country in the workplace. As a growing provider of group and worksite voluntary products, 5Star Life serves a diverse clientele as an insurance provider to individuals and organizations and as a trusted advisor to brokers. Headquartered in Alexandria, VA, 5Star Life (a Lincoln, NE company) is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, and American Samoa. 5Star Life was awarded on the Forbes World’s Best Insurance Companies 2023 list.