Foresters Financial announces new president for US and Canada

It expands the role of senior executive, enabling him to have oversight of both regions

Foresters Financial announces new president for US and Canada

Insurance News

By Lyle Adriano

Foresters Financial has announced the appointment of Matt Berman as president of Foresters Financial US and Canada.

Berman most recently held the position of president of Foresters Financial US. Before that, he was chief distribution officer and president of Forester Financial’s former subsidiary, Foresters Life Insurance and Annuity Company (FLAC).

With more than 25 years of experience in leading strategic planning, sales and product management in both the property and casualty, as well as the life and savings, sectors, Berman has served companies such as AXA, AIG and Zurich Insurance.

“It is a great privilege to welcome Matt into his new role,” commented Foresters Financial president and CEO Louis Gagnon. “Matt’s impressive track record, strong leadership and clear passion for improving customer experiences, coupled with his embodiment of Foresters’ values, positions him as an ideal partner to drive continued success and growth in the US and Canada.”

“I am truly honored to be appointed president of the US and Canadian divisions,” commented Berman. “I am eager to continue our strong momentum in both markets by executing our long-term strategic goals and providing customers with best-in-class solutions and service.”

A release noted that Berman had worked closely with outgoing Canadian division president Henry Auyeung to ensure a seamless transition of responsibilities. Auyeung’s retirement was first announced in January, with his planned exit set for August 2023.

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