The Department of the Treasury and the Internal Revenue Service released new guidance that is “designed to expand the use of income annuities in 401(k) plans.”
PORTLAND, Ore., Sept. 18, 2012 /PRNewswire/ -- Heffernan Insurance Brokers, one of the largest full-service, independent insurance brokerage firms in the United States, recently hired Timothy Nielsen to join its Portland office as Senior Vice President and Branch Manager, focusing on new business development and sales management.
Nielsen has had almost two decades of executive experience leading successful sales teams, along with selling and servicing commercial and employee benefits insurance. He successfully developed comprehensive and cost-effective insurance programs for specialty classes, including moving & storage and fire sprinkler contractors. Formerly President and CEO of a Portland-based insurance brokerage, he was instrumental in agency sales campaign development, and also led the expansion of the firm's risk management practice.
Elizabeth Bishop, Senior Vice President, remarked, "Not only is Tim a great fit for our company culture, his breadth of experience in the industry and proven results in leading successful sales teams are exciting for us as we continue to focus on new business development in the Portland area."
Nielsen holds a Bachelor of Science in Marketing and Finance from Oregon State University.
About Heffernan Insurance Brokers
Heffernan Insurance Brokers, formed in 1988, is one of the largest independent insurance brokerage firms in the United States. Heffernan provides insurance and financial services products to a range of businesses and individuals. Headquartered in Walnut Creek, Calif., Heffernan has offices in San Francisco, Petaluma, Menlo Park, Los Angeles and Orange County, CA.; Portland, OR; St. Louis, MO and New York, NY.
Employee-owned, Heffernan Insurance Brokers was named the Top Mid-Sized Broker in the United States to Work for in 2009 by Business Insurance Magazine. The firm has been among the Top Greater Bay Area Philanthropists since 2003 by donating more than $2.5 million to local charities, including giving 22% of profits to charity in 2011.
For more information, visit www.heffins.com or call 800.234.6787. License # 0564249.
SOURCE Heffernan Insurance Brokers