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Pacific Life

Offers life insurance, annuities, and funds

Overview

Pacific Life offers a range of financial protection and retirement products for individuals and businesses, including life insurance, annuities, mutual funds, and reinsurance services. Its products work by providing financial protection (life insurance pays a benefit to beneficiaries upon death), generating retirement income (annuities convert premiums into guaranteed payments over time), and offering investments through mutual funds to grow assets. The company serves retail customers, institutions, workplace benefits, and reinsurance clients, and it distinguishes itself through a long history (nearly 160 years), its Fortune 500 status, and a broad product suite that supports financial security across generations. The goal is to help people and organizations protect loved ones, plan for retirement, and build and preserve wealth for current and future generations.

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About Pacific Life

Simplify's Rating
Why Pacific Life is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Financial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$750M

Headquarters

Newport Beach, CA

Founded

1868

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What believers are saying

  • Moody’s affirmed Pacific Life’s Aa3 IFS ratings on August 18, 2026, with stable outlook.
  • Pacific Life launched a 2026 flagship VUL and survivorship IUL, expanding advisor shelf space.
  • The US Sailing partnership through 2028 boosts affluent-brand visibility and advisor affinity nationally.

What critics are saying

  • Moody’s says Pacific Life’s ratings depend on strong capitalization and market position.
  • Pacific Life’s product innovation targets crowded affluent markets where Lincoln, Prudential, and Northwestern Mutual compete fiercely.
  • If life and annuity spreads compress, Pacific Life Re’s reinsurance earnings weaken and policyholder trust erodes.

What makes Pacific Life unique

  • Pacific Life’s dual Aaa/Aa3 ratings from Moody’s signal unusual balance-sheet strength.
  • Pacific Life Re executed a $3 billion longevity reinsurance transaction with American National in 2026.
  • Pacific Life keeps launching niche products, including Pacific Admiral VUL 2 and Horizon Survivorship IUL 2.

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Funding

Total Funding

$750M

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Paid Vacation
  • Paid Parental Leave
  • Adoption Assistance
  • 401(k) Retirement Plan
  • 401(k) Company Match

Company News

Finseca
Oct 30th, 2026
NAILBA honors industry leaders at NAILBA 45, presenting Douglas Mooers Award to Bill Shelow.

NAILBA honors industry leaders at NAILBA 45, presenting Douglas Mooers Award to Bill Shelow. Washington, D.C. (October 30, 2026) - NAILBA (National Association of Independent Life Brokerage Agencies), a community of Finseca, recognized leaders across independent life brokerage at NAILBA 45 in Orlando on Friday, October 23. The evening's honors included the 2026 Douglas Mooers Award for Excellence for Bill Shelow, President and CEO of LIBRA Insurance Partners; the newly renamed Warren H. May Chairman's Award for Joslyn Druvenga of CBS Brokerage; the Kathy Deren Excellence in Life Insurance Underwriting Award for TJ Doan of Pacific Life; and the ID Twenty Awards recognizing industry leadership. Bill Shelow Receives NAILBA's Highest Honor Established in 1986, the Douglas Mooers Award for Excellence is NAILBA's highest honor, recognizing individuals whose leadership and service have advanced independent life brokerage as a distribution system. "Bill has spent his career making independent distribution work better for everyone in it, from the carrier to the agent to the family buying the policy," said Warren May, NAILBA leader. "He built LIBRA on the belief that independent agencies are stronger together, and our whole profession is better for it." Shelow has spent his career strengthening independent distribution and helping agencies grow. Before becoming President and CEO of LIBRA Insurance Partners, formed in 2020 through the combination of LifeMark Partners and BRAMCO Financial Resources, he served as President of Duncan Financial Group and CEO of Atlantic Financial Group. Earlier, he spent 25 years with Harleysville Insurance, including as President and Chief Operating Officer of Harleysville Life. Joslyn Druvenga Receives the Warren H. May Chairman's Award NAILBA presented the Warren H. May Chairman's Award to Joslyn Druvenga of CBS Brokerage. Formerly known as the Chairman's Award, the honor has been renamed to recognize Warren H. May and his contributions to NAILBA and the independent brokerage community. "Leadership is never a solo effort, and throughout my time as Chairman, Joslyn has been the person beside me every step of the way," said Chad Druvenga, NAILBA Chairman. "She has been a trusted partner, a steady source of perspective, and someone who genuinely cares about people and looks for ways to make a difference without ever seeking recognition. That's what makes it so fitting that she is the first recipient of the Warren H. May Chairman's Award. Warren has always led through relationships, service, humility, and a commitment to others. Joslyn embodies those same qualities in the way she supports people and gives of herself. I can't imagine a more meaningful first recipient, and I'm incredibly proud to recognize her." TJ Doan Receives the Kathy Deren Excellence in Life Insurance Underwriting Award TJ Doan, Vice President, Head of Underwriting Operations and Assistant Chief Underwriter at Pacific Life, received the 2026 Kathy Deren Excellence in Life Insurance Underwriting Award. Sponsored by Nationwide, the award recognizes exceptional talent, professionalism, and innovation in underwriting. "Underwriting is where the promise we make to families becomes real, and TJ has spent his career making that process sharper, faster, and more focused on the people it serves," said Warren May, NAILBA leader. "He has earned the respect of carriers and distribution partners alike, and he represents exactly the kind of excellence this award was created to honor." Doan brings more than 20 years of experience to the role and previously held underwriting leadership positions at Nationwide and State Farm. NAILBA Recognizes 2026 ID Twenty Honorees The 2026 ID Twenty Awards, sponsored by Coventry, recognized 18 professionals advancing independent distribution: * Bill Atlee, iPipeline * Stacy Greene, John Hancock * Patti Bell, Principal * Wendy Boglioli, BuddyIns * Christopher Bottaro, Valmark Financial Group * Rick Buteau, LIBRA Insurance Partners * Kim Carpenter, Ash Brokerage * Jane DeMuth, Crump * Colin Devine, C. Devine & Associates * Joslyn Druvenga, CBS Brokerage * Lee Duncan, Alliance Group * Eric Griffin, The Cason Group * Tiffany Gross, Diversified Brokerage Services * Ian Levinsky, Pathwork * Simon Liu, East & Ocean Group * Nick May, Principal * Lee-Ann Prickett, Experior Financial Group * Kathleen West, Simplicity Group NAILBA congratulates all award recipients and thanks Coventry and Nationwide for supporting recognition of excellence across independent distribution and the underwriting profession. Media Contact About NAILBA, a Finseca Community The National Association of Independent Life Brokerage Agencies (NAILBA) is the voice of independent brokerage distribution. Through advocacy, education, and networking, NAILBA advances the growth and success of independent brokerage professionals and the insurance profession as a whole.

Life Health
Oct 28th, 2026
AI is changing how clients research and pressure-test financial advice.

AI is changing how clients research and pressure-test financial advice. 43% of professionals surveyed providing financial advice say their clients are using AI to validate or challenge financial recommendations. Financial professionals point to early family conversations and relationships with heirs as key challenges in the transfer of wealth to younger generations, according to a new report from Pacific Life. NEWPORT BEACH, Calif.-(BUSINESS WIRE)-Artificial intelligence is quickly reshaping the relationship between financial professionals and their clients. According to a new Pacific Life survey, 42% of respondents say clients most often conduct financial research using AI tools and digital assistance, while 43% say clients are using AI to validate or challenge financial recommendations. The survey was conducted during Pacific Life's 2026 Educational Symposium, held September 22-25 in Huntington Beach, California. The biennial event brings together financial professionals to learn from industry experts and one another while exploring emerging trends and best practices. Beyond AI, the findings point to broader shifts in client expectations and relationships, particularly among younger generations and as families prepare to transfer wealth to the next generation. AI reshapes the financial advice conversation. The findings suggest that AI's influence extends beyond how clients gather financial information to how they engage with financial professionals. While 43% of respondents said clients are using AI to assess financial recommendations, another 21% said clients are bringing inaccurate or misleading AI-generated information into conversations. 15% said clients are arriving with more sophisticated questions and research. The findings also point to a broader shift in where clients are turning for financial information. AI tools and digital assistants ranked ahead of friends, family, or peer referrals (21%), search engines and traditional financial news sources (16%), social media platforms (16%), and podcasts or short-form video (5%) as the place clients most often conduct their own financial research before engaging with a financial professional. "The average person has access to more financial information than ever, but more information does not necessarily mean greater clarity," said Kevin Kennedy, SVP, Chief Sales and Marketing Officer of Pacific Life's Consumer Markets business. "As AI becomes part of how people research and evaluate financial decisions, the role of the financial professional becomes increasingly important to help clients validate that information, put it into context, and understand what it means for their individual goals and circumstances." Younger generations bring new expectations. The average person has access to more financial information than ever, but more information does not necessarily mean greater clarity... Those evolving relationships take on added significance as families prepare to transfer wealth to younger generations. When asked how Millennial and Gen Z clients are changing the traditional financial professional relationship, respondents said: * 28% expect faster, more digital engagement; * 26% increasingly use AI or other digital tools to research or validate financial advice; and * 15% are more skeptical of traditional financial advice Wealth transfer challenges begin before assets change hands. Twenty-eight percent of respondents cited families not discussing wealth and inheritance early enough as the industry's biggest challenge when it comes to the great wealth transfer, while 25% cited building relationships with heirs before wealth transfers. Another 15% pointed to heirs being unprepared to manage inherited wealth, and 15% cited different financial priorities between generations. The transfer of wealth is also affecting financial planning conversations today. When asked which concern is causing clients to reconsider their financial plans most, a fifth (21%) said transferring wealth to the next generation - the most selected response. Inflation and cost of living and tax uncertainty followed at 18% each, while 16% cited geopolitical uncertainty. "The wealth transfer findings reinforce that successful planning starts well before assets change hands," said Kennedy. "For financial professionals, this means building relationships across generations and helping families start conversations about wealth and inheritance earlier. At Pacific Life, we're committed to helping these professionals navigate those evolving needs with solutions, expertise, and support grounded in the promises we make and keep, so they can help clients plan with confidence for generations." Survey methodology. Pacific Life's 2026 Educational Symposium survey collected anonymous responses from 113 financial professionals focused on affluent clients. The survey was conducted in person during the event. About Pacific Life.

Merchant's Eye
Oct 6th, 2026
Octane secures $1.4B forward-flow facility with New York Life, MetLife and institutional investors

Octane has closed a $1.4 billion forward-flow facility with New York Life, MetLife, and other institutional investors to fund consumer powersports and outdoor power equipment loans. This marks the fintech's largest forward-flow transaction to date. The agreement involves the purchase of fixed-rate installment loans originated by Roadrunner Financial, Octane's in-house lending arm. New York Life Investment Management acted as loan arranger and lead investor, with participation from MetLife Investment Management, Equitable, Pacific Life, and Victory Park Capital. This is Octane's third forward-flow partnership with life insurance providers. In 2026 alone, the company has secured approximately $3.4 billion in commitments. To date, Octane has sold or secured commitments for more than $6.3 billion in consumer loans through forward-flow and whole-loan programmes. The company reported 37% year-over-year growth in originations during the first half of 2026, surpassing $9 billion in total all-time originations.

KMTV 3 News Now
Sep 10th, 2026
Volunteers build outdoor playground for Boys & Girls Club kids in North Omaha.

Volunteers build outdoor playground for Boys & Girls Club kids in North Omaha. The new outdoor play space was designed by the kids themselves and is being built through a partnership between KaBOOM!, Pacific Life, and the Boys & Girls Club. Volunteers are building a new outdoor playground at North Omaha's Boys & Girls Club this weekend through a KaBOOM! partnership. Posted 1:58 PM, Sep 10, 2026 and last updated 1 hour and 43 minutes ago * Nearly 1,000 kids served by the North Omaha Boys & Girls Club have had no outdoor play space, but that changes this weekend with a new playground the kids helped design themselves. * KaBOOM!, Pacific Life, and the Boys & Girls Club teamed up to address playspace inequity and give North Omaha kids a safe place to play and grow. * The 2026 State of Its Kids report found children who spend at least 60 minutes outside daily have a 50% lower risk of mental health issues, underscoring why this playground matters. BROADCAST TRANSCRIPT: NORTH OMAHA, Neb. - Volunteers are rolling up their sleeves to build a brand-new outdoor playground at the Boys & Girls Club in North Omaha, giving kids a safe place to play, stay active and create memories for years to come. The new playground is being made possible through a partnership between KaBOOM!, Pacific Life, and the Boys & Girls Club. Beth Bergman, vice president of leadership giving, said the club has long needed the space. "We serve almost 1,000 kids here at the North Omaha Club, and we have no outdoor play space." The vision for the space came directly from the kids themselves. "We had a design day. They got to draw all the pictures that they wanted," Bergman said. The finished playground will feature slides, a tire swing, climbing structures, and equipment that spins and tilts. KaBOOM! says its mission is to address playspace inequity and ensure every child has access to a safe place to play. The 2026 State of Its Kids report found that children who spend at least 60 minutes a day outside have a 50% lower risk of mental health issues. Bicki Rudd, senior project manager at KaBOOM!, said play spaces are about more than just fun. "It's where you learn to get along with each other. It's where you learn to move your body and how it even works, build your muscles, build your mind, cooperate. Fight. You learn all kinds of good things on the playground," Rudd said. For the kids at the club, the playground is something they helped create and can call their own. "They were so excited when we announced it. I think just the fact that they can have something brand new that's their own, they're so proud already, and I think that they're just gonna be so excited. When we announced it back in June, they're like, 'Well, where is it?'" Bergman said. Volunteers are still welcome this Saturday for the official build day, followed by a ribbon-cutting at 2 p.m. This story was initially reported by a journalist and has been converted to this platform with the assistance of AI. Its editorial team verifies all reporting on all platforms for fairness and accuracy.

Radical Compliance
Aug 28th, 2026
Compliance Jobs Report: aug. 28.

Compliance Jobs Report: aug. 28. The Compliance Jobs Report is back, after another vacation last week! This week Radical Compliance has a personnel shakeup at Nordea; new hires at Pacific Life, Wellsky, BNY, and more; exits at Wendy's and Molson Coors; and two intriguing moves at the Justice Department. Numerous promotions to note; job leads are in pharma, gambling, and beer; and Meme of the Week goes out to Dolly Parton. Radical Compliance gather the Jobs Report news items from LinkedIn, press releases, and wherever else Radical Compliance can find tips - and thank you to everyone who sends them in, you make the Jobs Report possible! If you have any gossip to share (even confidentially) email me at [email protected] or find me on LinkedIn. Compliance Jobs. This week Radical Compliance begin in Finland, where Nordea Bank has announced plans to merge its compliance and risk teams into one unit. Mark Kandborg, an 18-year veteran of the bank and chief risk officer since 2022, will keep that title and assume leadership of the integrated team. Nahale Ståhl Hallengren, currently head of group financial crime compliance, will move up to chief compliance officer at the start of next year and report to Kandborg. Jamie Graham, Nordea's chief compliance officer since 2021, decided to leave the bank (and the Nordic region) for personal reasons but will continue as a senior adviser until spring 2027. Pacific Life has hired Tom Oldham as chief compliance and ethics officer. Oldham joins PacLife after 14 years at Mutual of Omaha, where he most recently had been chief compliance, ethics, and privacy officer since 2023. Melissa Clawson is leaving Wendy's, where she has been chief audit executive since 2017. No word on what Clawson is doing next, but she did tell everyone to "stay tuned for where I land and begin my next adventure," which of course Radical Compliance will do. UPMC, the hospital system affiliated with the University of Pittsburgh, has hired Rick Blair as vice president of compliance, effective next week. Blair joins UPMC from Blue Shield of California, where he had been senior director of ethics and compliance since last year. Cryptocurrency platform Binance has hired two compliance executives from Crypto.com to strengthen its compliance program. Antonio Alvarez will serve as deputy chief compliance officer, reporting to Noah Perlman; Alvarez had previously been chief compliance officer at Crypto since 2020. Duncan DeVille will join as global head of financial crimes compliance, a title he also held at Crypto. Shari Singleton has been hired as director of compliance at Children's Health, a large pediatric hospital system based in Dallas. Singleton comes to Children's after seven years at Parkland Health, where she had most recently been director of compliance investigations. The World Bank has hired Yuko Keicho as auditor general. Keicho previously worked at the Asia Development Bank for five years, where she was also auditor general; and she serves on the standards committee for the Institute of Internal Auditors. Swiss IT services firm SITA has hired Adam Rommel as group head of compliance, trade, and ethics. (A rather telling sign of the economic times that trade is now grouped with ethics and compliance!) Rommel had previously been working at TD Synnex for five years, most recently as director of ethics and compliance for the EMEA region. Leah Ramos has left STO Building Group, a privately owned collection of construction firms based in New York City, where she had been chief ethics and compliance officer since the start of 2026. Ramos had been with the firm in other compliance and audit roles since 2017. No word on what she might do next. Spectrum, a subsidiary of Charter Communications, has hired Amber Nash Hall as vice president of compliance. Hall comes to Spectrum from Cox Enterprises, where she had been chief compliance and privacy officer since 2024. Justin Alfano has joined BNY as global head of enforcement and investigations. Alfano previously worked at Deutsche Bank for 11 years, most recently as global head of investigations. Healthcare technology firm Wellsky has hired Shannon Jones as senior compliance manager. Jones joins WellSky after two years at Elevance Health, where she had been a senior program manager (of compliance, one presumes). American Express just tapped Laura Catterick as chief risk officer for the United Kingdom. Catterick comes to Amex from U.K. Finance, a financial services firm in London, where she had been director of resilience and cyber. Melissa Lempa is leaving her job as director of ethics and compliance at Molson Coors after six years there. Lempa hasn't said where she's going next, but she did encourage others to apply for her old job; the role is listed in its Open Req Orders section below. American Physiatry, a healthcare firm in New Jersey, has hired Brian Colonna as chief compliance officer. Colonna comes to the physical rehab firm from PACS, a medical staffing business, where he had been associate chief compliance officer. Susan Hardel just turned up at Kikoff, a payments firm based in San Francisco, where she is head of compliance. Hardel was last seen at Chime, another payments firm, where she had been senior director of business controls until earlier this year. In Boston, Kamy Niroomand has been hired at GE Appliances as senior director of compliance and integrity. He comes to the company from Inari, a biotech research firm in Beantown, where he had been head of compliance, privacy, and security. And personnel news from the venture capital world! Jerry Sanchez has left his job at VC firm New Enterprise Associates, where he had been chief compliance officer since 2022, to join K5 Global as chief compliance officer and senior counsel. Moving up the ladder. Sebastiaan Biesheuvel has a new role at Dutch chipmaking giant ASML, moving from chief ethics officer and head of business integrity for AI to head of ethics and business integrity for Asia. Law firm Arent Fox has promoted Joanna Matuszkiewicz from senior paralegal for export and customs compliance to director of compliance and regulatory audit. Radical Compliance has a few promotions at Johnson & Johnson to note this week: * Paul Csuha from senior trade compliance analyst to trade compliance operations lead; * Angelo Silva from senior manager of third-party risk management to director of the same; * Nancy Sobeh, from EMEA healthcare compliance manager to global healthcare compliance assurance manager. TD Bank has moved Lamedra Brooks from vice president for default management in the bank's mortgage division to vice president for controls in TD's shared services division. Regulatory stuff. Two moves to note this week in regulator world! First, the U.S. Justice Department has tapped Marnee Rand to be chief of the Corporate Enforcement and Compliance Unit within the Criminal Division. This means Rand is the one in charge of assessing corporate compliance programs during corporate criminal investigations, although her unit and the whole White Collar Enforcement section have been marginalized by the Justice Department's new Fraud Enforcement Division. Rand is a veteran prosecutor within the department and had previously been acting chief of the Fraud Enforcement Division's corporate enforcement section. Second, Patrick Gushue has left his job at the Justice Department, where he had been acting director of the department's whistleblower rewards program, to take a new gig as an enforcement attorney at the Office of the Comptroller of the Currency. Not sure who is therefore running the whistleblower rewards program now; if you happen to know, feel free to leak it to me at [email protected]. Vendors & service providers. Scott Moritz, a long-time financial crimes and forensics investigator who has run his own White Collar Forensics firm since 2022, has merged his firm into EisnerAmper, where he will now be a managing director. Moritz worked at FTI Consulting and Protiviti earlier in his career. Evan Sopenoff has left his job at Citibank, where he had been senior vice president of regulatory engagement for digital assets; to join Deloitte, where he is a manager in the firm's digital assets practice. Open Req Orders. Eli Lilly is looking for a senior director of global ethics and compliance. Job is based in Indianapolis, with a salary range listed at $154,000 to $226,000. Molson Coors is hiring a director of ethics and compliance. Job is based in Milwaukee, Wisc., with a salary range listed at $149,000 to $196,000, plus bonus, stock options, and $23,000 "average spent on benefits per employee," which is appreciated but also a reminder of how painfully expensive healthcare costs are in the United States. Atlantis, the casino and resort in the Bahamas, is looking for a director of internal audit. Job is based on Paradise Island in the Bahamas, a place that lives up to its name; but salary range is undisclosed. Compliance Meme of the Week. That's all for this week's report. As always, if you have a tip or want to brag about your new job, promotion, career milestone, or anything else, email me at [email protected] or find me on LinkedIn. I'm always happy to give credit to the many hard-working people here in its corner of the business universe.

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