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Vermont Business Magazine
A “necessities drive” for charities is being organized for this week by a group of National Life employees, part of the company’s commitment to Do Good in the communities where it operates.
The drive has been organized by the Women’s Insight Network, which is a group of employees and agents that promotes women in leadership roles throughout the industry.
The group organized a drive in Montpelier, National Life’s hometown, that will collect bedding, linens, dishes, kitchen utensils and appliances, tools, cleaning supplies, shampoo and other items.
Everything that is collected will be donated to the Family Center of Washington County, which assists women and families who have been displaced, relocated or affected by severe or unusual circumstances.
Vermont Business Magazine
National Life released its 2020 Annual Report, which highlights the company’s response to doing business during the global pandemic.
“When the pandemic struck, we focused on the health and well-being of our associates, ensured we met the needs of our policyholders and did our best to bring peace of mind to others, and provided emergency relief through our charitable foundation,” said Mehran Assadi, Chairman, CEO and President. “We then went on to set records in our business. I couldn’t be more proud of my teammates.”
Among the accomplishments noted in the report:
Life sales were $354 million
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National Life Vice President for Communications Chris Graff, center, makes the check presentation. Courtesy photo.
Vermont Business Magazine National Life recently donated $35,000 to the Branches of Hope cancer patient fund at Central Vermont Medical Center in lieu of holding a Do Good Fest this year.
National Life staged the free annual music festival on its back lawn every year from 2014 to 2019, raising money for Branches of Hope through parking fees. The event was suspended last year and again this summer because of the COVID-19 pandemic.
“Cancer patients’ needs don’t go away just because there’s a pandemic,” said Mehran Assadi, Chairman, CEO and President of National Life. “So even though it’s too soon to gather on our lawn, it’s always the right time to support our neighbors. We’re humbled that we’re able to do so.”
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Eric Sandberg Promoted to Chief Financial Officer
Montpelier, VT - Eric Sandberg has been promoted to Chief Financial Officer of National Life Group, according to Mehran Assadi, Chairman, Chief Executive Officer and President.
Sandberg previously held the title of Senior Vice President, Chief Risk Officer and Chief Actuary, which he retains.
“Eric has demonstrated strong leadership and critical thinking since joining the company in 2012 as Chief Actuary,” Assadi said in announcing the promotion. “His contributions to our success have been broad and significant.”
Before joining National Life, Sandberg was at Transamerica Aegon holding a variety of leadership positions, including Head of Asset/Liability Management, Chief Risk Officer for Employer Solutions and Head of Pricing on the Corporate Risk team.