Naum brings extensive expertise in finance and accounting to the role

ALEXANDRIA, VA – 5Star Life Insurance Company (5Star Life), announced today the appointment of John D. Naum as Chief Financial Officer of 5Star Life Insurance Company (5Star Life), effective July 21, 2025.

“We are thrilled to welcome John to our team, said General Larry O. Spencer, USAF (Ret.), President of 5Star Life. “He brings a wealth of experience and a proven track record in financial leadership that will be invaluable as we navigate the evolving landscape of our industry and implement the next phase of our enterprise strategic plan.”

Kimberley Wooding, retiring Executive Vice President and Chief Financial Officer, stated, “John and I have collaborated closely to ensure a smooth transition of the CFO role. I am confident that his financial acumen will support 5Star Life’s ongoing growth while preserving our financial strength.”

John Naum is a seasoned financial leader with more than 20 years of experience in the insurance industry. In his most recent position, John served as the Associate Vice President of Finance at United Educators Insurance, where he supported the CFO in overseeing financial strategy, reporting, budgeting, forecasting, and investment management. He led accounting and finance teams, collaborated with senior leadership and the Board, and drove operational improvements. His previous roles include CFO at Loggerhead, VP of Finance at Northern Neck Insurance, and finance leadership positions at Allianz, Genworth, DXC Technology, and the Florida Office of Insurance Regulation. John holds a B.S. in Accounting and Finance from Florida State University and is a CPA.

“It is a privilege to step into this role with 5Star Life,” John stated. “I am committed to advancing the organization’s meaningful mission and supporting its strategic objectives.”

About 5Star Life Insurance Company
5Star Life Insurance Company is the life insurance underwriter for the Armed Forces Benefit Association (AFBA) member benefits and a growing provider of group and worksite voluntary insurance products. Its business model enables 5Star Life to serve the needs of a diverse clientele as an insurance provider to individuals and organizations and as a trusted partner to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Guam. 5Star Life was awarded on the Forbes World’s Best Insurance Companies 2023, 2024, and 2025 list.

New board member brings notable worksite industry expertise

ALEXANDRIA, VA – 5Star Life Insurance Company (5Star Life) announced today the appointment of Bonnie Brazzell to its Board of Directors, effective December 1, 2023.

“We are pleased to welcome Bonnie Brazzell to the 5Star Life Board of Directors. Her knowledge and expertise in the worksite industry will be an invaluable asset to our organization as we continue to be a growing provider of group and worksite voluntary products,” said General Larry O. Spencer, USAF (Ret.), Chair and President of 5Star Life.

Bonnie is a leading expert in the worksite/voluntary products industry. She worked for Eastbridge Consulting Group from 1999 until September 2023. At Eastbridge Bonnie managed consulting projects for both worksite/voluntary and group clients. She focused on strategic, business, and marketing planning; competitor, product, and market analyses; and business line assessments. In addition, Bonnie oversaw a variety of research projects—both consortia and client specific—designed to improve the marketing of group and voluntary products.

Prior to Eastbridge, she had 25 years of experience with Colonial Life & Accident Insurance Company. During her tenure at Colonial, Bonnie worked in various positions including underwriting, product development, market development, and customer marketing. Bonnie is a frequent speaker at industry events and has had articles published in numerous publications. In July 2015, the Workplace Benefits Association inducted her into the Worksite Marketing Hall of Fame. She has a degree in mathematics and lives in Columbia, S.C.

“We are fortunate to have Bonnie serving on the 5Star Life board. Her deep industry knowledge will help guide our efforts as we grow our presence in the worksite/voluntary products market,” added Kimberley E. Wooding, Executive Vice President and Chief Financial Officer.

About 5Star Life
5Star Life Insurance Company (5Star Life) is the primary underwriter of the Armed Forces Benefit Association (AFBA) member policies. In addition, it extends the enterprise’s mission to civilians serving our country in the workplace. As a growing provider of group and worksite voluntary products, 5Star Life serves a diverse clientele as an insurance provider to individuals and organizations and as a trusted advisor to brokers. Headquartered in Alexandria, VA, 5Star Life (a Lincoln, NE company) is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, and American Samoa. 5Star Life was awarded on the Forbes World’s Best Insurance Companies 2023 list.

Partnership targets an enhanced customer experience with integrated HR solutions

5Star Life Insurance Company (5Star Life) announced today a new technology-based integration, through the Paylogix Tailored Market Solution, which provides 5Star Life’s customers, agents, and brokers a seamless enrollment and payment experience.

“This collaboration effort with Paylogix underscores 5Star Life’s commitment to innovation and provides customers with best-in-class administrative and end-consumer resources that are an ideal complement to our mission to provide industry-leading service and engagement experiences,“ said Sal Campanile, 5Star Life’s Vice President, Worksite Voluntary Benefit and Group Sales.

The Paylogix Tailored Market Solution simplifies voluntary benefit administration offering quick case set up, a comprehensive online enrollment site, easy case submission process, and a user-friendly online portal to support enrollment, ongoing eligibility management, and billing. This bespoke end-to-end solution adds efficiency and an enhanced digital customer experience to traditional insurer administrative systems.
“The partnership with 5Star Life exemplifies how technology-focused solutions which are standardized, automated, and simplified for providers, brokers, and end-users are critical to the success of voluntary benefits administration,” said Richard Pfadenhauer, CISSP, President & Founder of Paylogix.

About 5Star Life
5Star Life Insurance Company (5Star Life) is the life insurance underwriter of the Armed Forces Benefit Association (AFBA) member benefits and a growing provider of group and worksite voluntary insurance products. Its business model enables 5Star Life to serve the needs of a diverse clientele as an insurance provider to individuals and organizations and as a trusted partner to brokers. Headquartered in Alexandria, VA, 5Star Life is currently licensed in 49 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Guam. 5Star Life was awarded on the Forbes World’s Best Insurance Companies 2023 list.

About Paylogix
Paylogix®, a third-party administrator, creates premium technology solutions that make voluntary benefit administration simpler and more secure, while delivering a better user experience. Paylogix serves as a trusted partner to benefit providers, brokers, and employers. Our thoughtfully designed tools to facilitate enrollment through billing and payment are automated, innovative, and secure to provide users with the data they need, when they need it.