National Western Life Welcomes Financial Distribution Channel Leader Joe Black

AUSTIN, Texas, Jan. 8, 2018 /PRNewswire/ -- National Western Life Insurance Company (NWLIC) is pleased to announce that Joe Black, CRC, CMFC, has joined the Company as its first Vice President and Head of Bank, Broker/Dealer, and Wirehouse Sales.

"This signals our commitment to expanding the Company's presence in the institutional space," stated R. Bruce Wallace, NWLIC's Senior Vice President and Chief Marketing Officer. "Joe's knowledge and expertise will be a valuable asset for institutional distributors seeking to do business with National Western Life."

"National Western Life's ratings and financials are a perfect match for the needs of financial institutions and their customers," noted Mr. Black. "The recent enhancements to the Company's product portfolio and its technology platforms will be an excellent fit in this market space."

About National Western Life:

National Western Life Insurance Company (NWLIC) is a wholly owned subsidiary of National Western Life Group, Inc. (Nasdaq: NWLI). Founded in 1956, NWLIC is a stock life insurance company with a broad portfolio of individual universal life, whole life and term insurance plans, as well as annuity products, which meet the financial needs of its customers in 49 states as well as residents of various international countries. NWLIC has 279 employees and approximately 28,800 contracted independent agents, brokers, producers, and consultants. At September 30, 2017, National Western Life Group, Inc. maintained consolidated total assets of $12.1 billion, stockholders' equity of $1.8 billion, and life insurance in force of $19.9 billion.

Release Contact:
Paul T. GarofoliVice President, Head of National Marketing Organization Sales
Phone: 800-760-3434, extension 207
FAX: 512-339-8350
[email protected]
www.nationalwesternlife.com