Global Atlantic Hired New Executive for Annuity Channels
The firm appointed Dan Farrelly to lead its IMO and IBD distribution channels in New York City.
Updated on Sept. 29, 2026 in People
Global Atlantic has appointed Dan Farrelly as Head of IMO and IBD Channels to bolster its Individual Markets business. Based in New York City, Farrelly will oversee distribution partnerships to expand the company's retirement strategy offerings.
Why it matters
This move signals a strategic push by the KKR subsidiary to scale its annuity distribution footprint. By bringing in a veteran with over two decades of experience, the company aims to deepen its market presence across independent marketing and broker-dealer channels.
The appointee brings over 20 years of professional experience in annuity distribution to his new role. This change is intended to support the broader growth strategy for the Individual Markets business of Global Atlantic.
The players
Dan Farrelly
An industry veteran with over 20 years of experience in annuity distribution who previously held senior leadership roles at Prosperity Life and F&G.
Global Atlantic
A retirement and life insurance company and subsidiary of investment firm KKR.
KKR
A global investment firm that operates and controls Global Atlantic as a subsidiary.
The details
Farrelly will manage relationships across independent marketing organization (IMO) and independent broker-dealer (IBD) channels to increase access to company retirement strategies. His operational mandate involves refining channel partnerships to capture more retail market share. He joins the firm after serving as SVP, Head of Annuity Distribution at Prosperity Life, and previously held leadership roles at F&G, Athene USA, and AXA Equitable.
Timeline
September 29, 2026: Global Atlantic announced the appointment of Dan Farrelly.
Market Landscape
The recruitment follows the ongoing trend of private equity-backed insurers aggressively recruiting specialized distribution talent. It reflects a wider industry effort to capture greater share in the retail annuity market through expanded IMO and IBD networks.
Operators in the annuity distribution space should monitor how Global Atlantic’s partner engagement models evolve under new leadership. Firms relying on IMO or IBD access should prepare for potential shifts in distribution incentives or product availability.
The takeaway
The appointment underscores the high priority placed on experienced distribution leadership in the current retirement savings environment. Operators should track how the firm’s outreach strategy changes to distinguish its retirement offerings from competitors.
Further reading
For broader trends on executive shifts, visit the People section.
