Market Overview

Kemper Names Erich Sternberg as President, Life and Health Division

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Kemper Corporation (NYSE:KMPR) announced today that Erich Sternberg has joined the company as president of its Life and Health Division.

Sternberg will be based in Chicago and report to Joseph P. Lacher, Jr., Kemper's president and chief executive officer. The executives that lead the Kemper Life and Kemper Health brands will report to Sternberg.

"Erich's extensive leadership experience in the industry, his deep understanding of the life and health business, and years of effective execution on relevant business strategy will be a tremendous asset to our company," said Lacher. "As we continue to focus on long-term growth for our life and health brands, we look forward to Erich's contributions to bring the division to its potential."

Sternberg was most recently president and chief executive officer of Starmount Life Insurance Company and Starmount Managed Dental of California, subsidiaries of Unum Group. His responsibilities have included dental and vision product development, operations, pricing, distribution, provider networks, growth strategy, and business development. His oversight led the company through 21 years of double-digit growth. In 2016, Erich oversaw the sale of Starmount to Unum Group and led the integration of the business within Unum, as well as the acquisition of the California subsidiary in the ensuing years. Prior to Starmount, he held marketing and sales roles at Clinique International, an Estee Lauder Company, in New York and Australia.

Sternberg has a BA in history from Princeton University and an MBA from Columbia University. He has served as a board member of the National Association of Specialty Health Plans and the National Association of Vision Care Plans. He is a member of the Young Presidents' Organization and has been active in numerous non-profit and community boards.

About Kemper

Kemper Corporation (NYSE:KMPR) is one of the nation's leading specialized insurers. With nearly $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance, Life and Health brands. Kemper serves over 6.4 million policies, is represented by more than 30,000 agents and brokers, and has over 8,900 associates dedicated to meeting the ever-changing needs of its customers.

Learn more about Kemper.

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