Annuity distribution leader will guide Foresters planned Multi-Year Guaranteed Annuity launch in the U.S. in 2027
TORONTO, Oct. 27, 2026 /PRNewswire/ — Foresters Financial (Foresters) has appointed Tom Ross as Chief Distribution Officer, U.S. Annuity Sales, effective October 12, 2026. Ross joins as Foresters prepares to bring a Multi-Year Guaranteed Annuity (MYGA) to the U.S. market in 2027.
In this newly created role, Ross will shape Foresters U.S. annuity sales strategy and grow its distribution network. He will work closely with colleagues across the organization to bring the new offering to market and set it up for long-term growth.
“People don’t only want to protect the ones they love. They want to know their savings will be there when they retire,” said Andrea Frossard, Chief Commercial Officer, Foresters Financial. “A MYGA gives them that certainty. Tom is the right person to bring it to market. Distribution partners trust him because he shows up, listens and follows through. That’s the kind of annuity business we want to build in the U.S.”
Ross brings 16 years of financial services experience to Foresters. Most recently, he was National Distribution Vice President at F&G, where he led agent-facing wholesaling and National Account teams. Throughout his career, he has driven growth in the annuity market by helping annuity distributors succeed.
“I’m excited to join Foresters at such an important moment,” said Ross. “What drew me here was the purpose behind the business. Foresters exists to look after its members and their communities. That matters to the distributors I work with, and it matters to the clients they serve. I’ve spent my career helping distribution channels succeed. Now I get to build something new with them.”
Ross lives in Hugo, Minnesota, with his family. Outside of work, he is an avid fisherman and runner.
About Foresters Financial
Financial security and living your purpose
For over 150 years, Foresters has been helping families protect their financial future. But we don’t stop there. As a purpose-driven organization, we empower our members with opportunities to enhance their health, support their local communities and champion the causes they care about most. We provide life insurance in the U.S. and Canada, as well as life insurance and savings solutions in the UK, while partnering with our members to help them do more of the good they want to do.
Since 1874, we’ve been steadfast community builders. Today, sustainability, environmental consciousness and social responsibility are central to delivering our purpose. This commitment drives us to offer meaningful lifelong benefits1, such as Foresters Care™ grants that unite communities, Competitive Scholarships2 to nurture future leaders and more initiatives designed to create a world where good thrives. Together, we’re making a difference while inspiring new generations to give back. Foresters Financial is the trade name for The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. For 25 straight years, The Independent Order of Foresters has received an “A” (Excellent) rating from A.M. Best.3
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1 Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions, and limitations and may be changed or cancelled without notice or are no longer available. |
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2 The Competitive Scholarship benefit is administered by International Scholarship and Tuition Services, Inc. (ISTS). Eligible members (including those insured under a juvenile policy who are 18 years of age or turning 18 in the calendar year of the Competitive Scholarship application deadline), their spouse, dependent children, and grandchildren may apply, subject to the eligibility criteria. Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions, and limitations and may be changed or cancelled without notice or are no longer available. |
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3 The A.M. Best rating assigned on October 27, 2025, reflects the overall strength and claims-paying ability of The Independent Order of Foresters (IOF) but does not apply to the performance of any non-IOF issued products. An “A” (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by. A.M. Best Company. A.M. Best assigns ratings from A++ to F, A++ and A+ being superior ratings and A and A- being excellent ratings. See ambest.com for our latest rating. |
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Foresters Financial, Foresters, Foresters Care, Foresters Moments, Foresters Renew, Foresters Member Discounts logo are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Rd, Toronto, Ontario, Canada M3C 1T9) and its subsidiaries. |
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426391 CAN/US (10/26) |
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SOURCE The Independent Order of Foresters
