AmeriLife Appoints Michael Tobitsch as New Head of Corporate Development

AmeriLife Group, LLC, a national leader in life and health insurance, annuities, and retirement planning solutions, has announced the appointment of Michael Tobitsch as Executive Vice President and Head of Corporate Development. This strategic move aims to bolster the company's expansion efforts and streamline its acquisition processes.

In his new role, Tobitsch will report directly to Scott R. Perry, AmeriLife's Chairman and Chief Executive Officer. His primary responsibilities will include leading the company's corporate development initiatives, focusing on sourcing and executing acquisition opportunities, evaluating their strategic fit, and collaborating closely with AmeriLife's affiliates and partners to support growth objectives.

Tobitsch brings a wealth of experience to AmeriLife, having previously served as Managing Director of Strategy & Corporate Development at Marsh McLennan in New York. During his tenure there, he managed a team of investment professionals who deployed over $1 billion of capital annually into global acquisitions across the insurance and investment management sectors.

Scott R. Perry expressed enthusiasm about Tobitsch's appointment, stating, "As our business becomes more complex and Jim's remit continues to grow, we're thrilled to welcome Michael and have a leader fully dedicated to AmeriLife's expansive M&A activities." Perry emphasized that Tobitsch's experience and innovative approach to partnership development will be instrumental in propelling AmeriLife's strategic initiatives forward.

The appointment comes at a crucial time for AmeriLife, which has experienced significant growth over the past seven years under the stewardship of Chief Financial Officer Jim Quinn. With Tobitsch at the helm of corporate development, AmeriLife aims to enhance its distribution opportunities and realize its ambitious growth plans.

Tobitsch expressed his excitement about joining AmeriLife, stating, "AmeriLife operates from a position of strength, and I look forward to helping deliver best-in-class products, solutions, and capabilities through a high-impact, programmatic acquisition agenda." His background in investment banking with Wells Fargo Securities and his education from Boston University's Questrom School of Business are expected to contribute significantly to his new role.

AmeriLife's decision to create a dedicated leadership position for corporate development underscores the company's commitment to strategic growth and expansion. As the insurance and retirement planning industry continues to evolve, AmeriLife's move to strengthen its acquisition capabilities could position the company for continued success in a competitive market.

With a national distribution network of over 300,000 agents and financial professionals, and more than 120 marketing organizations and insurance agencies, AmeriLife is well-positioned to leverage Tobitsch's expertise to identify and integrate new partners. This strategic appointment may lead to an acceleration of AmeriLife's growth trajectory and potentially reshape the landscape of the insurance and retirement solutions industry.

As AmeriLife continues its mission to provide insurance and retirement solutions that help people live longer, healthier lives, the addition of Michael Tobitsch to its executive team signals a renewed focus on strategic acquisitions and partnerships. Industry observers will likely be watching closely to see how this appointment influences AmeriLife's market position and its ability to meet the evolving needs of pre-retirees and retirees across the United States.