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New York Life appoints new SVP in Corporate Information Department

New York Life Insurance has promoted James Bain to senior vice president and head of the Application Development organization in the Corporate Information Department. He will report to senior vice president and chief information officer Eileen Slevin.

In his new role, Bain will be responsible for systems development supporting the entire US Insurance operations, including US Life & Agency, retirement income security, individual policy services and corporate operations.

Previously, Bain was first vice president overseeing system development for Corporate and Distribution systems. Prior to this, he held positions of increasing responsibility in the controller’s, agency and corporate information departments. Bain joined New York Life in 1976.

New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds.