Insurance executive is leaving Genworth to take new position
Jim Boyle, executive vice president and CEO of Genworth’s U.S. Life Insurance Division, is leaving the Richmond-based company to become chairman at HealthFleet Inc., a Norwalk, Connecticut-based health-care technology firm.
Tom McInerney, Genworth president and CEO, will also serve as CEO of the U.S. Life Insurance Division, effective immediately.
“I have been working closely with Jim and his team on developing the new Genworth LTC [long term care] business model, as well as working with government leaders and regulators to change the regulatory framework for the LTC Insurance market,” McInerney said in a statement. “Therefore, the Board and I believe it makes sense for me to assume the additional role of CEO of the U.S. Life division at this time.”
Genworth Financial Inc. is a Fortune 500 insurance holding company.