Equitable Holdings, Inc.'s Equitable Names Hector H. Martinez as Head of Life Insurance
July 08, 2021 at 04:15 pm
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Equitable named Hector Martinez as Head of its Life Insurance business. Martinez will report to Nick Lane, President of Equitable, and will become a member of the company’s Operating Committee. In this role, Martinez will oversee business strategy and management of the company’s life insurance products and solutions. Martinez has more than two decades of experience in the insurance and financial technology industries with a successful track record of driving efficiencies and advancements in sales and distribution processes. Prior to joining Equitable, Martinez spearheaded several business restructuring and distribution initiatives in senior leadership roles with Crump Life Insurance Services and ADP. His work included expanding call-center capabilities and redesigning a custom sales and business development platform to drive growth with new and existing customers.
Equitable Holdings, Inc. is the holding company for a diversified financial services organization. The Companyâs segments include Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management and Legacy. The Individual Retirement segment offers a diverse suite of variable annuity products which are primarily sold to affluent and high-net-worth individuals. The Group Retirement segment offers tax-deferred investment and retirement services or products. The Investment Management & Research segment provides diversified investment management, research, and related solutions globally. The Protection Solutions segment includes its life insurance and group employee benefits businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. Legacy segment primarily consists of its capital-intensive fixed-rate GMxB business.