Toshihiro Nakashima Named CEO of Nippon Life Benefits

Insurance and Investment Management Executive To Lead Benefits Provider

NEW YORK--(BUSINESS WIRE)-- Nippon Life Benefits, one of the nation’s leading providers of employee benefits, today announced the appointment of Toshihiro Nakashima as President and Chief Executive Officer.

Nakashima has more than 20 years of financial services experience in leadership roles, including CEO of Nissay Deutsche Asset Management in Singapore and senior management positions in the investment and insurance divisions of Nippon Life Insurance Company, parent company of Nippon Life Benefits. Most recently, he served as General Manager of the Human Resources Development Office, based in Tokyo. Nakashima has a Bachelor of Arts degree in Economics from Keio University in Tokyo.

Nakashima succeeds outgoing President and CEO Akira Hosoda, who will be rotating back to Nissay Asset Management Corporation in Tokyo, where he will serve as General Manager, Entrusted Investment Division in the International Business Department.

“Nippon Life Benefits is a dynamic company that provides world-class employee benefit programs to companies across the United States,” Nakashima said. “I am grateful to the team at Nippon Life Benefits for its success of the past few years, and I look forward to building on the momentum. I am committed to helping Nippon Life Benefits continue offering high-quality service, strong provider networks, and flexible plan designs at competitive rates.”

Nippon Life Insurance Company is the world’s largest mutual life insurance company, with $480 billion in assets, 230,000 corporate customers and 10 million policyholders. Rated A- (Excellent) by AM Best for financial strength in 2009, Nippon Life Benefits has offered benefit programs in the U.S. for 20 years.

About Nippon Life Benefits

Nippon Life Benefits offers employee benefit programs to small- and medium-sized companies that value and respect their employees and invest in them accordingly. The company’s group insurance programs provide medical, life, dental, disability, vision and prescription drug benefits. Founded 20 years ago, Nippon Life Benefits has offices in New York, Atlanta, Chicago and Los Angeles. For information about Nippon Life Benefits, call 1.800.937.6542, or visit http://www.nipponlifebenefits.com.

Blue Marlin Partners
Greg Berardi, 415-239-7826
[email protected]

Source: Nippon Life Benefits