Troy Glover has been named SVP in charge of New York Life’s Long-Term Care Insurance operations. Glover will report to Paul Pasteris, SVP and chief administrative officer of the company’s insurance group.

“We are pleased to turn to a member of our management team to assume this important role and believe that Troy’s substantial experience in the industry and with long-term care insurance will continue our success in this area,” said Chris Blunt, president of New York Life’s Insurance Group.

Glover will oversee the long-term care operation, including product development, marketing and administration. He joined New York Life as a director in the variable products service center in 2000 and was named COO of the company’s long-term care insurance operation in 2009, with oversight of information technology, marketing, actuarial, product development and financial accounting areas. Previously, he held positions at Merrill Lynch and Prudential.

Glover succeeds Michael Gallo, SVP, who has led the operation since 2009. Gallo will remain for a transition period, after which he will return to New York Life’s home office in New York City.

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