The Penn Mutual Life Insurance Company, Locally Known as Concord Wealth Management, Commits Donation to Local Rugby Club

Photo: Concord Wealth Management and its parent company, Penn Mutual, are proud sponsors of The Mystic River Rugby Club. Shown here is Mystic River Rugby Club president, Brett Willis (center), accepting the sponsorship from Concord Wealth Management. From left to right, Matt Logan, CWM Vice President; Lisa Nye, CWM VP of Talent Acquisition; Brett Ellis, Mystic River Rugby Club President; John Laurito, CWM President and CEO; and Debbie Vibert, CWM Chief Operating Officer.

The Penn Mutual Life Insurance Company, Locally Known as Concord Wealth Management, Commits Significant Donation to Local Rugby Club

Penn Mutual Continues to Support Fastest Growing Sport in the U.S.

Horsham, Pa. – August 3, 2015 – The Penn Mutual Life Insurance Company (Penn Mutual), locally known as Concord Wealth Management, is excited to support the Mystic River Rugby Club. Concord Wealth Management has donated $2,500 to the program. The $2,500 donation was presented to the club on June 24.

Penn Mutual is the title sponsor for the largest Rugby 7s (7 players a side) tournament –“The Penn Mutual Collegiate Rugby Championship.” They are also the title sponsor for The Varsity Cup, the national collegiate championship of the 15-a-side rugby format.

Penn Mutual’s commitment to the sport underscores the company’s broader commitment to attract a diverse workforce and create job opportunities for talented young men and women who are seeking a career that provides a promising future and a noble purpose.

“Concord Wealth Management and Penn Mutual are devoted to helping the exciting game of rugby. We have committed ourselves to the sport on many fronts, and the response we have gotten in return from the athletes and fans is immeasurable,” explains John Laurito, Concord Wealth Management president and CEO. “The talented men and women affiliated with rugby are the type of people we seek to recruit as we expand our growing team.”

“We are very excited about our partnership with Concord Wealth Management. This relationship will provide a key recruiting pathway for college rugby players who are interested in a career in the financial industry in Boston,” said Brett Willis, Mystic River Rugby Club president. “This will be an invaluable relationship that positions our respective organizations for years of future success.”

Rugby 7s returns to the Olympic Games in 2016, following an 84-year hiatus, where the United States will defend its gold medal from the 1924 Olympics in Paris. The Penn Mutual Collegiate Rugby Championship is part of a nationwide effort to build American rugby talent in preparation for the Olympics. In the past three years, the Collegiate Rugby Championship has produced 15 players who have gone on to play for the U.S. National teams. In the 2014 Collegiate Rugby Championship, 20 of the top colleges and universities competed for the title, including Penn State, Notre Dame, Texas, Michigan, Navy, Ohio State and reigning national champion, The University of California Golden Bears. Beginning in 2015, a portion of Penn Mutual’s sponsorship investment will be awarded to the winning team, the proceeds of which will be used to build the team’s rugby program on-campus.

About Concord Wealth Management

Concord Wealth Management provides financial planning, wealth management and life insurance programs to individuals, families and small businesses throughout New England. Our team creates financial solutions to protect assets, and provide long-term investment opportunities and income sources to assist clients in achieving their financial goals. We offer a boutique-firm feel with big-firm service and support by delivering individualized, comprehensive solutions. Learn more about Concord Wealth Management at http://www.cwmofnewengland.com.

About The Penn Mutual Life Insurance Company
Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life’s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible.

Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc.,(HTK) Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.

Securities and Investment Advisory services offered through Hornor, Townsend & Kent, Inc., (HTK), Registered Investment Advisor, Member FINRA/SIPC, 230 Third Avenue, 4th Floor, Waltham, MA 02451 781-966-2980. Concord Wealth Management and other listed entities are independent of HTK.

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