Forethought Financial Group, Inc. (Forethought) announced that Maureen Carney and Matthew Outcalt have joined Forethought Life Insurance Company as Business Development Directors for the Life Division. The addition of two seasoned professionals will strengthen the preneed life insurance sales organization while further demonstrating Forethought’s commitment to being an industry leader.

Carney and Outcalt will each be responsible for managing preneed life insurance key accounts, fostering growth through existing relationships and cultivating new business opportunities.

“We are excited to welcome Matt and Maureen to the sales team,” John Walls, Senior Vice President of Sales for the Life Division, said. “They each bring demonstrated commitment to the care and service of their customers. They will be excellent assets to our clients and to Forethought as we solidify our strong market position with people who know and understand this business.”

Michael Reardon, President of Forethought Life Insurance Company, added, “We will continue to invest in the business, deploying the right people, technology and competitive products needed to enable our customers’ success.”

Carney has spent more than 20 years managing customer relationships with experience in operational management and sales support. She will cover the Great Lakes territory, including Wisconsin, Iowa, Missouri, Illinois, Indiana and western Ohio. She can be reached at maureen.carney@forethought.com.

Outcalt has been in the funeral industry for 11 years, having worked in funeral industry operations and preneed services in Northern California since 2002. He will cover the Pacific Coast territory, including Washington, Oregon and California. He can be reached at matthew.outcalt@forethought.com.

About Forethought

Founded in 1985, Forethought Financial Group, Inc. (Forethought) is a privately-held, diversified financial services organization based in Houston, Texas, with insurance operations throughout the United States. Forethought provides life insurance and annuities that help America’s senior middle market plan for their pre-retirement, retirement and end-of-life needs through key distribution relationships.

Forethought recently announced that it will be acquired by Global Atlantic Financial Group in a strategic transaction that advances the growth objectives of both organizations. The sale is expected to close in early 2014, pending regulatory approval.