Matt Berman Named President of Foresters Financial U.S. and Canada  

Most recently President of Forsters Financial U.S., Berman has over 25 years of experience in both life and P&C, including at AXA, AIG and Zurich Insurance.

(Image credit: Author.)

Foresters Financial (Toronto), a fraternal life insurer with the stated mission of redefining the life insurance industry through innovation, purpose and wellness, has announced the appointment of Matt Berman as President, Foresters Financial U.S. and Canada, effective immediately.

Louis Gagnon, President and CEO, Foresters Financial.

Previously, Berman held the position of President, Foresters Financial U.S. Earlier, he served as Chief Distribution Officer and President of the company’s former subsidiary, Foresters Life Insurance and Annuity Company (FLIAC).

“It is a great privilege to welcome Matt into his new role,” comments Louis Gagnon, President and CEO, Foresters Financial.  Matt’s impressive track record, strong leadership and clear passion for improving customer experiences, coupled with his embodiment of Foresters values, positions him as an ideal partner to drive continued success and growth in the U.S. and Canada. I look forward to Matt’s future contributions and, on behalf of the organization, would like to congratulate him on this well-deserved appointment.”

Berman joined Foresters Financial in February 2017 and has more than 25 years of experience leading strategic planning, sales and product management in both the property and casualty, and life and savings sectors, most notably with AXA, AIG and Zurich Insurance.

Continuing Strong Momentum in Both Markets

Matt Berman, President, Foresters Financial U.S. and Canada.

“I am truly honored to be appointed President of the U.S. and Canadian divisions,” comments Berman. “I am eager to continue our strong momentum in both markets by executing our long-term strategic goals and providing customers with best-in-class solutions and service.”

Foresters says that, to ensure a seamless transition, Berman has worked closely with outgoing President of the Canadian division, Henry Auyeung, since announcing his retirement in January.

Berman holds a Master of Business Administration from New York University, Stern School of Business and a Bachelor of Arts in English from the University of Pennsylvania.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at or (503) 936-2803.

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