Christopher Hilger, CEO of insurance provider Allied Solutions LLC of Indianapolis, has been appointed president of its parent company, Securian Financial Group of St. Paul, Minn.
Hilger, 47, will succeed Randy Wallake, vice chairman/president, who is retiring next June 30 and will be the 16th president in Securian’s 131-year history, the company said. Hilger has been executive vice president at Securian since 2010.
He will be responsible for Securian’s Information Services division and all of its insurance businesses and report to Chairman/CEO Robert Senkler, the company said. Hilger has been in the insurance business for 25 years and joined Securian when it acquired Allied Solutions in 2004.
“Chris grew up in the insurance industry and has a proven record of success as an entrepreneur and business leader who has played a key role in the development of Securian’s current growth strategies,” Senkler said.
Wallake joined Securian in 1987 as vice president of pension sales and became executive vice president in 2001 before becoming president and vice chairman.
“During his career with Securian, Randy led the development and execution of key strategies that drove significant growth in all of our businesses while maintaining our financial strength and excellent industry reputation,” Senkler said.
Securian Financial Group’s subsidiary companies now include Minnesota Life Insurance Company, Advantus Capital Management, Allied Solutions, Capital Financial Group/HBeck, Cherokee National Life Insurance Company, CNL/Insurance America, Personal Finance Company, Securian Trust Company, Securian Financial Services Inc., Securian Casualty Company and Securian Life Insurance Company.