DeKoning’s deep industry experience and focus on value-added insurance solutions will drive growth and client engagement.
MINNEAPOLIS – Thrivent, a Fortune 500 diversified financial services organization, announced that Mike DeKoning has joined the organization as senior vice president of Insurance Solutions.
In this leadership role, DeKoning will oversee Thrivent’s life, health and annuity product lines while helping the organization develop innovative insurance solutions focused on providing industry leading client advice and customer engagement. He will partner with Thrivent’s distribution, operations and IT teams to drive growth as the organization accelerates its transformation into a digital-first financial services organization with advice at the center of the customer experience.
“Mike brings a passion for creating innovative solutions that help clients prepare for and protect their financial futures, making him a perfect fit for Thrivent,” said Mary Jane Fortin, chief commercial officer at Thrivent. “Thrivent and our clients will benefit from Mike’s extensive industry experience and leadership as we continue to build robust insurance solutions while providing the right advice to help our clients achieve financial clarity, enabling lives full of meaning and gratitude.”
Before joining Thrivent, DeKoning served as president of Allstate Benefits, a leading provider of voluntary employee benefits products in the U.S. He also previously served as president and CEO of Munich Re’s U.S. life insurance business, where he focused on driving growth through his experience with insurance products and offerings. Prior to that, DeKoning spent 20 years of his career at Manulife Financial.
“It’s an honor to join Thrivent in this role,” said DeKoning. “The company’s rich history and its purpose-driven approach to finances is inspiring, and I’m looking forward to partnering with the team to develop advice-driven, innovative insurance solutions that meet the expectations and experiences of our current and future clients.”
DeKoning earned his bachelor’s degree from the University of Toronto and is a fellow of both the Society of Actuaries and Canadian Institute of Actuaries. In addition to his professional experience, he has served in leadership roles with key industry organizations, including LIMRA and the American Council of Life Insurers. He also serves on the board for several nonprofits, including Make A Wish Georgia, the Cystic Fibrosis Foundation (both Georgia and North Central Florida) and Georgia State University’s Risk Management Foundation.
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and generosity products and programs over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a Fortune 500 company with $162 billion in assets under management/advisement (as of 12/31/20). Thrivent carries an A++ (Superior) rating from AM Best, a credit rating agency; this is the highest of the agency’s 13 rating categories and was affirmed in June of 2021. Rating based on Thrivent’s financial strength and claims-paying ability. Does not apply to investment product performance. For more information, visit