Tim began his career as an actuary during an internship his senior year at Coe College when he was looking for a job that utilizes his business and math majors. For over 30 years, he has held roles leading product development and corporate development with life and health insurance companies. In January 2021, Tim Heaton joined ELCO Mutual as Senior Vice President and Chief Strategy Officer. He will be responsible for overseeing all strategic initiatives to enhance services and product value to policyholders and independent agents. Tim and his wife enjoy hiking, biking, snowshoeing, and traveling to explore different parts of the US.
Silvio graduated from the University of Illinois at Chicago with an undergraduate degree in Computer Engineering and a master’s in Applied Mathematics from DePaul University. He has spent almost 20 years as an actuarial consultant, primarily serving fraternal benefits. In August 2018, he came to ELCO Mutual and became our Chief Risk Officer in February 2020. He is responsible for risk management across all facets of the company. Silvio is an avid sports fan and loves to take road trips across the USA with his wife and three kids.
After spending four years in the Marine Corps, George found a position in banking and worked his way up the corporate ladder to Operations Officer. Eventually, due to mergers/acquisitions, he found himself in the IT area of expertise and never looked back. Before joining ELCO Mutual, he worked in IT Support for Condell Medical Center and P&C insurance companies. A few years later, George wanted to make a change. ELCO Mutual realized that his talents and experience could help the company grow and hired him in our IT Department. He currently holds the role of Chief Information Security Officer, where he oversees positioning the IT department towards ELCO’s growth and maintaining security for ELCO’s greatest asset, its policyholders. In his downtime, he loves to walk his dog, ride his motorcycle, and go antiquing with his wife.
Eric relocated from Tennessee, where he gained invaluable experience working for BlueCross BlueShield. He has practiced law for over 20 years and has worked at various insurers, including Aetna and AIG. He graduated from the University of North Carolina at Chapel Hill and the University of Pittsburgh School of Law. In 2020, Eric joined us as our new general counsel, where he will be responsible for all legal and regulatory compliance issues impacting ELCO. In his role, he will provide strategic legal advice and support to all ELCO’s departments and functions, including advising ELCO’s management on new and existing laws and regulations that impact ELCO. Eric is an avid reader of science fiction and loves playing and watching a variety of sports.
Bill graduated from Southern Illinois University in 2016. He began his ELCO Mutual career as a Marketing Analyst in 2017 and then quickly climbed the company ranks. Over his tenure, Bill has been involved in various marketing and sales-focused projects while dabbling in the underwriting space. He recently became the Vice President of Marketing and is looking forward to helping ELCO Mutual continue its goal of growing. Outside of work, Bill enjoys attending baseball games, visiting new places to eat, and traveling to see his friends out west.
Jeff started at ELCO in 2013 in the file room and then transferred to our Agency team. He was in Agency for approximately two years before being promoted to manager. In that time, Jeff was also determined to grow his education by working toward receiving the FLMI, AIRC, ACS, and ARA designations to learn more about life insurance and, soon enough, the compliance field. Management noticed his natural talent for compliance and how his designations could help better ELCO’s future. In 2021, he was promoted to Chief Compliance Officer. He will be working alongside our General Counsel, Eric Myers, to manage and oversee regulatory compliance procedures. Outside of work, he likes to spend time with his family, play board games with his wife and friends, and continue learning.
Contact a member of the ELCO Mutual team today for assistance finding the insurance plan that fits your needs now and prepares you for what’s next.
Contact UsELCO Mutual and its representatives are not legal or certified tax professionals. For tax and/or legal advice, please contact a licensed professional. ELCO Mutual contracts with independent licensed insurance producers and does not guarantee nor certify them as financial planners. Continue Reading Not insured by the FDIC or associated with any government program or agency. Annuities are not associated with a bank. Withdrawals taken from annuities before the age of 59 1/2 are subject to the IRS's 10% excise tax. Individual Retirement Accounts (IRAs) cannot be opened past age 70 ½. Dividends are declared by the company's board of directors and are not guaranteed. When purchasing a single premium whole life policy, please note that the policy is a Modified Endowment Contract (MEC). Any distributions taken by the owner may be taxable (including from the accelerated death benefit rider). Death benefits for life insurance contracts are contingent on any due premiums being paid. The information on this website is intended for informational and educational purposes only and is not intended to provide investment advice or a recommendation. Clients seeking advice should consult a licensed professional. All life insurance policies and annuities are underwritten and issued by ELCO Mutual Life and Annuity. Also known as ELCO Mutual Life and Annuity Company in Florida. Policy Forms: Platinum Eagle: ICC19-SPL-19, Golden Eagle: ICC19-WLP-19, Silver Eagle: ICC19-FE19 and ICC19-MWL19, Preneed: PNGI-02 and PMP99R2, Guardian Eagle Single Premium: ICC19-MYGA[term length]-19, Guardian Eagle Flexible Premium: ICC16-FPA16, and Immediate Annuities: SPIA11 and ICC17-AIFXB17. Policy forms may vary by state. View Less
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