A veteran of more than thirty years in the insurance business, Mr. Jacobson is an experienced International Life Senior Executive. He has a reputation for innovative thinking, problem solving and leadership skills. He has extensive Board experience as an Outside Director as well as Executive Director.
Mr. Jacobson was President of International Life for the ACE Group. He started the business from scratch and after 5 years it became a Global Life and Reinsurance business generating $1 Billion in Revenue and $200 Million in after-tax operating profit. He managed 1,000 employees and 10,000 agents across 26 countries. As part of this Mr. Jacobson started a 50/50 Life Insurance JV with Huatai in China with operational management responsibility and as a Board member.
As Executive Vice President for Citigroup, Mr. Jacobson built and managed start-up Life Insurance Companies in China, Hong Kong and Poland. He also started a 50/50 JV with partner Mitsui Sumitomo Life in Japan.
As Senior Vice President for Travelers Insurance, Mr. Jacobson was responsible for their US Life insurance business. He tripled their revenue over a three year period. In 1991 as a Senior Vice President for Security-Connecticut Life, Mr. Jacobson invented the market’s first life insurance product with secondary guarantees.
Mr. Jacobson served two years on the Board of Aviva US until the company was sold. He chaired their Risk and Audit Committees.
Born in New York, Mr. Jacobson received his Bachelors degree in Mathematics from the State University of New York in Albany. He is a Fellow of the Society of Actuaries. Mr. Jacobson is currently on three non-profit Boards in the education field including The Actuarial Foundation.