Dutch financial services firm ING has named Rob Leary chief executive officer of ING Insurance U.S., days after announcing its intention to split its insurance and banking operations.
See more: careers, David Wheat, Ewout Steenbergen, ING, ING Insurance US, Rob Leary, Tom McInerney
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

