Management Team

Management Team

John Todd


John C. Todd – Mr. Todd is the President and Chief Executive Officer of the Company, and serves as a director. He is a financial services executive with 40 years of experience focusing on insurance and securities. He has held positions at First Trinity Financial Corporation (District Manager), Trinity Life Insurance Company, Texas Republic Capital Corporation (Regional Manager), B.C. Ziegler (Senior Managing Director of Wealth Management), Disciplined Investment Advisors (Executive Vice President Sales), Oppenheimer and Merrill Lynch. He has been responsible for planning and executing top- and bottom-line goals, building large sales organizations and product development including, sourcing, structuring, and placing in excess of $1 billion of private placements, non-traded public securities and debt instruments. He has served on executive management committees, risk committees, new product committees, and retirement committees. 

Gregg Zahn


Gregg E. Zahn – Chairman of the Board of Directors of the Company, Mr. Zahnis also Chairman of the Board, President and Chief Executive Officer of First Trinity Financial Corporation (Tulsa, OK), Trinity Life Insurance Company (Tulsa, OK), Family Benefit Life Insurance Company (Jefferson City, MO) and Texas Republic Capital Corporation (Austin, Texas). He founded First Trinity Financial and has served as a director from its inception. From 2004 until October 2007, he was Director of Training and Recruiting for First Trinity Financial. He has served as its chairman of the Board since 2011 and as its President and Chief Executive Officer since 2007. In December 2011, he was appointed Chairman of the Board and CEO of Family Benefit Life Insurance Company. He was Executive Vice President of First Life America Corporation (Topeka, KS) from December 2008 until August 2009. Between 1997 and March 2004, Mr. Zahn served as Marketing Vice President of First Alliance Insurance Company (Lexington, KY) and as Assistant to the President of First Alliance Corporation (Lexington, KY) and Mid-American Alliance Corporation (Jefferson City, MO). He was President of Alliance Insurance Management from 2001-2003.

William Sherman Lay


William S. (Sherman) Lay – Mr. Lay is the Secretary and the Treasurer of the Company and serves as a director. He has been Secretary and Treasurer of, and a director of, Texas Republic Capital Corporation, a Texas insurance holding company, since November 2012. Mr. Lay is Vice President and Chief Investment Officer and a director of First Trinity Financial Corporation, Trinity Life Insurance Company and First Trinity Capital Corporation and served as Chief Financial Officer of each from April 2007 through June 2010, and as Secretary and Treasurer of each from April 2007 through March 2011. He has been a director of Family Benefit Life Insurance Company since December 2011. For the past five years, Mr. Lay has been a financial officer and business consultant, specializing in corporate, financial and consulting services for small sized entrepreneurial companies. Prior to that, Mr. Lay was an officer and director of numerous life insurance companies. He has experience in numerous mergers, acquisitions and reorganizations.

Ted Lung


Theodore (Ted) Lung – Vice Chairman of the Board, Mr. Lung, 52, currently serves as the Vice President and National Business Development Manager at AgriLogic Insurance Services. AgriLogic is one of 16 Federal Crop Insurance Providers for the RMA / USDA. Previously, Ted started Midwest Crop Insurance Services, which he successfully grew to having in excess of 70 million in premiums, 170 agents, 25 employees and business in 15 states. He sold his business to AgriLogic in 2011. He has owned many successful independent insurance agencies throughout Illinois.  His insurance career started in 1982 as a senior in high school. Ted served as Vice Chairman at Inspire Capital Corporation and Capital Reserve Life Insurance Company of Osage Beach, MO.  In addition to his insurance business, Ted owns several other businesses in Illinois.