| Security Mutual
Featured in
New York State History Book
(Binghamton,
NY • November 13, 2008) Security
Mutual is one of the successful New York State businesses
to be featured in a soon-to-be published history book of
New York State. The
book—New York State: Gateway to
America—is expected
to be available
beginning in November and will be widely distributed through
chain,
independent and Internet booksellers, gift stores, museums
and other retail
venues. It will also be included in library collections worldwide.
Security Mutual is included in the chapter titled “Chronicles
of
Leadership,” which tells the stories of the New York-based
people and
institutions that are an integral part of the history—as
well as the
future—of New York State. For an electronic copy of
the article,
please
click here.
City of Binghamton Declares
Week of September 15 “Security Mutual Week”
 |
| City of Binghamton Mayor Matt Ryan
(L) and Security Mutual Life Chairman, President
& Chief Executive Officer Bruce W. Boyea |
(Binghamton, NY • September 15, 2008)
At a press conference on Monday, September 15, Binghamton
Mayor Matthew Ryan officially
declared the week “Security
Mutual Week.” The
City of Binghamton made the declaration in recognition
of Security Mutual’s contributions to the Greater Binghamton
area, including the company’s role in keeping downtown
Binghamton strong. During Security Mutual Week, the company
hosts an advanced educational conference in Binghamton, with
about 200 of the company’s field associates from across
the United States coming to Binghamton for the three-day
conference.
“Binghamton is not only a great city in which to work,
it’s also a great city in which to host a conference.
This is the 12th consecutive year we have hosted this annual
educational conference in Binghamton, and we are proud to
invite our field associates back again this year. We are
also extremely proud of our field associates, who are committed
to continually expanding their knowledge of life insurance
and financial planning in order to best serve our clients.”
As a lead-in to Security Mutual Week
2008, Security Mutual and The
Black Aces (the African-American
major league baseball pitchers who won 20 or more games
in a single season) co-presented the 7th Annual “Jim ‘Mudcat’ Grant All-Star
Golf Tournament” on Thursday, September 4. All proceeds
from the tournament go to the Broome
County Urban League and their programs for area youth. The company is also actively
involved in the Court Street Redevelopment project, whose
latest project is renovating the former Bern Building at
123 Court Street.
“Security Mutual is committed to doing business—and
bringing business—to downtown Binghamton, says Security
Mutual Chairman, President and CEO Bruce Boyea. “We
are also passionately committed to participating in projects
that enhance residents’ quality of life. Our employees
personally lend their energy and support to many different
non-profit organizations throughout the year, including Catholic
Charities, our local hospitals, CHOW, our local United
Way and our local chapters of the American
Red Cross, the American
Cancer Society, the American
Heart Association and many others.”
Throughout Security Mutual Week, the
company’s flag
will be flying over Binghamton City Hall and along Court
Street in downtown Binghamton.
Security Mutual Life Elects
Two New Directors
(Binghamton, NY • March 18, 2008)-
Security Mutual Life Insurance Company of New York has
announced the election of two members to its Board of Directors:
Alan C. Marcus and Ray F. Barnard. The
board approved the
new members February 21, 2008.
Alan C. Marcus of Saddle River, New Jersey,
is president and CEO of The
Marcus Group, Inc., one of
the New York metropolitan area’s most honored communications
firms. Located in Little Falls, New Jersey, The Marcus
Group provides full-service, integrated communications
through advertising, public relations, crisis management,
government relations, and print and web design services.
Since 1970, the company has served clients in a broad spectrum
of industries, with a noted emphasis on clients in health
care, insurance and financial services.
Named “one of the most influential people in New Jersey” by
Business News New Jersey, Marcus is frequently seen as a
news and political analyst in newspapers and on television.
He has served as an adjunct professor at Rutgers University
Graduate School of Business, and on the boards of the Hun
School of Princeton, the Garden State Ballet, the Passaic
River Coalition, the National Leukemia Association and Gilda’s
Club.
Ray F. Barnard has been serving as executive
vice president and chief information officer of Fluor
Corporation since 2002. With revenues in excess of $15 billion annually,
Fluor is a leader in engineering, construction, operations
and management and serves multiple business segments and
the federal government. In his current position, Barnard
is responsible for information technology operations and
strategies on a global basis for Fluor and its subsidiaries,
managing more than 2,000 information technology employees
in 58 countries. Barnard also serves Fluor as a board member
and as a member of the company’s Compliance and Ethics
Committee.
Prior to joining Fluor Corporation, Barnard
held various executive positions with TradeMC, ENSCO Corporation
and IBM Corporation, and has also served as a management
consultant for a number of companies. Barnard is an advisor
to and speaker for AMR Research; a member of the CIO Advisory
Council in Washington, D.C.; and an Executive Advisory Board
member of Stradling Global Sourcing, LLC.
A.M.
Best Affirms Security Mutual’s Rating of A (Excellent)
(Binghamton,
New York • August 9, 2007) Security Mutual is pleased to
announce that the A.M.
Best Company affirmed
Security Mutual’s A (Excellent) rating. A.M. Best—the
leading provider of ratings, news and financial data for
the insurance industry worldwide—also affirmed Security
Mutual’s
stable outlook.
In its rating rationale, A.M. Best stated
that the rating reflects the company’s strong presence
within the upscale traditional life insurance market niche,
its expanding worksite whole life business, solid and improved
capitalization, positively trending individual life sales,
high-quality asset portfolio and balanced business mix
between traditional individual life, worksite, group life
and asset accumulation products. Click
here to view Security Mutual’s Financial Strength Rating.
This rating announcement follows Standard & Poor’s
affirmation of Security Mutual’s A+ (Strong) rating and stable outlook.
“We are extremely proud of these ratings,” said
Security Mutual Chairman, President and Chief Executive Officer
Bruce W. Boyea. “Not only do they demonstrate that
Security Mutual is a well-managed company, but they also
show how successfully we compete against other life insurance
companies.”
Click here for
additional rating information.
Introducing
Advanced Markets Online Calculators
(Binghamton,
NY • June 13, 2007) Security Mutual is pleased
to introduce Advanced Markets Online Calculators…a
valuable financial planning resource. AMO Calculators
provides 50 specialized calculators covering the topics
of investments, retirement savings and planning, taxes,
savings, personal finance, insurance, business and mortgages.
Each calculator features a series of definitions with
detailed explanations of the type of data needed to complete
the calculation. In addition, the calculators provide
a visual and written report of the resulting calculations.
AMO Calculators is a valuable online resource that can
help you and your professional advisors develop a financial
planning strategy based on your specific needs. Click
here to access Security Mutual’s AMO Calculators.
Security Mutual Releases
2007 Estate Planning Guide
(Binghamton,
NY • April 4, 2007) Security
Mutual is pleased to announce the release of the 2007 Estate
Planning Guide. This on-line resource provides valuable
information about the need for estate planning and describes
estate-planning tools and strategies you can use to help
ensure your loved ones’ future financial security. Some
of the topics covered include: wills, trusts, federal
estate tax, federal gift tax, life insurance and protection
planning, lifetime gifts, charitable giving, business transfers
and much more. To view this helpful guide, click
here. Be
sure to also visit our planning
library for other useful
financial planning information.
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