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TheStreet Open House

NFP Announces Life Insurance Leadership Appointments

NEW YORK, Sept. 4, 2012 /PRNewswire/ -- National Financial Partners Corp. (NYSE: NFP), a leading provider of benefits, insurance and wealth management services, announced today that Anne Long has joined NFP as president of NFP Life, which includes management responsibility over all of NFP's life insurance businesses.  In addition, Ms. Long will serve as a member of the Advisory Board of PartnersFinancial, NFP's life insurance membership organization.  NFP is also pleased to announce the promotion of Mike James to president of PartnersFinancial.  Mr. James will continue as chief sales officer of PartnersFinancial.

(Logo:  http://photos.prnewswire.com/prnh/20100920/NY67494LOGO )

Earlier this year, NFP engaged Ms. Long on a long-term consulting basis to help strategically evaluate NFP's life insurance businesses and assist with day-to-day management responsibilities.  Ms. Long has provided great insight and proven herself to be a valuable leader and team player.

Reporting directly to NFP's president and chief operating officer Douglas Hammond, Ms. Long has oversight responsibility for all strategic and operational decisions for NFP's life businesses and will continue to focus on developing and improving the strategic alignment of its various complementary life resources.  NFP is fully committed to the life insurance business and believes it is a strong complement to the rest of its core businesses of corporate benefits, wealth management and property and casualty.  NFP's goal is to extend its leadership position in the life insurance business by ensuring that it offers the highest quality value proposition for clients and advisers.

Commenting on this announcement, Mr. Hammond said, "Anne has broad expertise in the life insurance industry and a comprehensive understanding of NFP's culture based on her history with the company. We are thrilled that she has rejoined us to provide new thinking and new solutions that will usher in our next phase of growth, further cementing our position as a leading independent life insurance distributor."

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