FORT WORTH, Texas – The board of directors of the National Farm Life Insurance Company and American Farm Life Insurance Company (NFLIC/AFLIC) has selected Dr. Kyle McGregor as its next president. Current president Mark Bigsby has announced his intent to retire but remain with the company during the transition and beyond.
McGregor comes to NFLIC/AFLIC from Tarleton State University, where he is vice president for Institutional Advancement. He has served on the company’s board of directors since 2009.
Bigsby, a 33-year veteran of NFLIC/AFLIC, was named president and CEO in 2017. He served previously as senior vice president, accounting and CFO. During his time as president, NFLIC/AFLIC has continued its long and distinguished history of serving policyholders.
“Announcing my retirement was bittersweet but having the ability to work with Kyle before my departure is a wonderful opportunity for the company,” Bigsby said. “NFLIC/AFLIC is in tremendous shape, and Kyle will bring additional success because of his energy and fresh perspective.”
“On behalf of NFLIC/AFLIC we would like to congratulate Mark Bigsby for an outstanding career,” said chairman of the board Chip Davis. “We are blessed to have Mark Bigsby transition Dr. Kyle McGregor into the company as we approach our 75th anniversary. I know that Kyle and the current officer team will continue being successful and provide a promising future for our policyholders, agents, employees and all stakeholders.”
McGregor will begin work July 1, 2020, as president-elect and will advance to president and CEO in January 2021.
“It is an honor to be associated with NFLIC/AFLIC and to have this opportunity to work with an exceptional team,” he said. “The officers, home office staff, regional supervisors and agents are all dedicated to our clients and provide financial security during their times of greatest need. The company has a culture of service that is second to none. I look forward to continuing the long tradition of service and success that is the National Farm Life story.”
Much like the company’s founder, William C. Young, McGregor began his career as a high school agricultural educator. He has worked in higher education at Texas Tech University teaching as a masters and doctoral graduate assistant and at Tarleton State University as a member of the faculty, chief of staff to the president and Institutional Advancement VP. He and his wife, Jennifer, are proud parents of daughters Maggie and Meg.
Founded in 1946 in the Historic Fort Worth Stockyards, NFLIC/AFLIC offer products through more than 1,300 independent agents. Whole life insurance is the cornerstone product of both companies and is complemented by a suite of financial services marketed to families in Texas, New Mexico and Oklahoma.