AXA hires DeMinico to lead independent distribution in US

French insurance holding company AXA has appointed Fred DeMinico as head of independent distribution in the US.

DeMinico will report to Trey Reynolds, head of life distribution for AXA in the US.

Prior to joining AXA, DeMinico spent the past twenty years with John Hancock, starting in the annuity and long-term care areas, before transitioning to the life team. As vice president of national accounts, he was responsible for several of their largest relationships and helped broaden Hancock’s independent channel.

Reynolds said: "The best way we can demonstrate our commitment to the Independent Distribution space is by having the very best talent to serve our partners, the most robust life insurance platform and efficient communication that helps independent distributors keep their business momentum moving."

"I’m excited to have Fred on board, bringing with him his sales leadership and depth of experience," Reynolds added. "Our commitment to the Independent channel is evidenced by the quality of leadership we’re bringing to this market. Delivering competitive life insurance offers in a timely fashion with proactive service is how we’re responding to a changing and demanding market."

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