Thomas Mangan has left his position as chief executive officer at United Benefit Advisors to join the Crystal Lake, Ill.-based Market Financial Group as its president of employee benefits.

Mangan was appointed CEO of the Indianapolis, Ind.-based UBA on May 18, 2012. At the time he said his immediate focus was to facilitate the efficiency and effectiveness with which UBA’s “partnership of leading health insurance and employee benefit advisers deliver their knowledge, expertise and guidance to employers — especially to the midsize and smaller employers who often have the greatest need for this kind of assistance.”

UBA is conducting a search for a new CEO, but has not yet filled the position, according to a UBA spokeswoman.

“Thom's strategic approach and past experience in the health insurance industry was instrumental in changing the dynamic at UBA,” says Julie Highly, vice president of Horan Associates in a recommendation of Mangan on his LinkedIn page. 

“He has helped elevate our presence through marketing, proprietary product offerings and strategic initiatives,” Highly adds.

Mangan and Market Financial Group were not immediately available for comment on the news.

Prior to joining UBA, Mangan served as the president of employee benefits for the New England region of USI Insurance Services, president of the employee benefits division of HUB International and president of Willis Life of Texas, where he also was south central employee benefits practice leader.

Mangan was previously a board member of the Council of Insurance Agents and Brokers. In addition, he has served on the national broker advisory councils for Aetna, Cigna and UnitedHealthcare.

Mangan is also a member of the EBA Advisory Board.


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