Prosperity Life Group has appointed insurance executive Rona Guymon as President, Retail Life and Annuity, a newly created role focused on expanding the company’s retail life and annuity franchise.
Prosperity said Guymon will lead retail distribution and oversee national accounts and marketing, while also driving product competitiveness and new business priorities to increase market share. She will report to CEO Michael Ferik.
Guymon joins from Nationwide, where she served as Senior Vice President of Annuity Distribution, overseeing annuity distribution across channels, including broker-dealers, banks, independent marketing organizations, registered investment advisors, and technology platforms. Prosperity said her team implemented structural changes to improve efficiency and exceeded sales goals.
Before Nationwide, Guymon spent 13 years at Protective Life in a series of senior roles spanning business development and sales leadership, including Vice President of Business Development, National Sales Manager, Divisional Sales Manager, and Regional Wholesaler. Prosperity said her background includes experience across marketing, operations, training, and sales for mutual funds, annuities, and life insurance.
Prosperity also highlighted Guymon’s industry profile and community involvement, noting she is a frequent conference speaker and an advocate for inclusion and belonging in financial services. She serves on the boards of 6Stride and St. Mary’s Food Bank.
Prosperity Life Group describes itself as a U.S. focused life insurance organization offering life and annuity insurance, reinsurance, and capital solutions, with capabilities to operate in offshore markets, including Cayman and Bermuda.
KEY QUOTES
“Rona is a transformational leader with an exceptional track record of building high-performing distribution teams and driving growth at some of the industry’s most respected companies,” said Ferik. “Her deep expertise across all distribution channels, combined with her passion for delivering profitable growth, makes her the ideal leader to accelerate our retail growth strategy. We are thrilled to welcome her to Prosperity Life Group. Recruiting someone of her caliber underscores our commitment to attracting and retaining world-class talent and driving future growth.”
Michael Ferik, Chief Executive Officer, Prosperity Life Group
“I am honored to join Prosperity Life Group at such an exciting time in the company’s growth journey,” said Guymon. “The combination of Prosperity Life Group’s strong product portfolio, commitment to financial professionals, and the strategic support of JAB Insurance creates a tremendous platform for growth. I look forward to working with the talented team to expand our distribution capabilities and deliver exceptional value to our partners and their clients.”
Rona Guymon, President, Retail Life and Annuity, Prosperity Life Group