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Guardian Appoints Jason Frain to Vice President, 401(k) Product Management and Development, Retirement Solutions

The Guardian Life Insurance Company of America (Guardian), one of the largest mutual life insurers, today announced the appointment of Jason Frain to Vice President, 401(k) Product Management and Development, Retirement Solutions. Frain joins Guardian with more than 13 years experience in the insurance industry, most recently with Hartford Financial Services Group where he held leadership roles in their Retirement Plans business.

Reporting to Michael B. Cefole, Senior Vice President and Head of Guardian’s Retirement Solutions division, Frain will be responsible for product development and business strategy, for the Guardian 401(k) platform, which is focused on the small case 401(k) market.

“This position is a key element of Guardian’s strategic commitment to grow its 401(k) platform,” said Michael B. Cefole, Senior Vice President, Guardian Retirement Solutions. “Jason joins Guardian with a proven track record of leadership in the 401(k) market and was a key contributor in Hartford’s success in the Retirement Plans business.”

Frain is a graduate of the University of Hartford, with a BSBA in Actuarial Science, Summa Cum Laude. He is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

About Guardian

The Guardian Life Insurance Company of America (Guardian) is one of the largest mutual life insurers, with $6.8 billion in capital and $1.3 billion in operating income in 2014.  Founded in 1860, the company has paid dividends to policyholders every year since 1868.  Its offerings range from life insurance, disability income insurance, annuities, and investments for individuals to workplace benefits, such as dental, vision, and 401(k) plans. The company has approximately 6,000 employees and a network of over 3,000 financial representatives in more than 70 agencies nationwide. 

Financial information concerning The Guardian Life Insurance Company of America, as of December 31, 2014, on a statutory basis: Admitted Assets = $45.3 Billion; Liabilities = $39.6 Billion (including $34.9 Billion of Reserves); and Surplus = $5.7 Billion.  Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors.