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What's new at Thrivent: Spring 2023 updates

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Get the latest news & updates on the following topics:

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Forbes recognizes Thrivent

Thrivent is proud to take the top spot in the term life category and rank 11th in the permanent life category, according to the Forbes/Statista survey of America's Best Life Insurance Companies.1

In this independent survey, more than 15,000 participants evaluated their auto, renters, homeowners, term life and permanent life insurance providers. The permanent life insurance category included companies offering whole and universal life policies, which include a savings element and death benefit.

In an article sharing the list of honored insurers last fall, Forbes calls out how the insurance industry has embraced digital transformation and says companies that prepared for the transformation have been rewarded with high marks from their clients.

“We are honored to receive this national recognition and appreciate the contributions of everyone across Thrivent whose work made it possible,” says Mike DeKoning, senior vice president, Insurance & Wealth Management Solutions at Thrivent. “Together, we will continue to deliver competitive solutions and advice that helps clients achieve financial clarity both today and tomorrow.”

Survey participants rated their insurance providers on overall satisfaction in several categories including financial advice, customer service, transparency, digital services, price/performance, damage/benefit and whether respondents would recommend the company to friends and family.

Forbes 2023 - America's best insurance companies
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Mutual Funds receives third DALBAR

Thrivent has received the DALBAR Mutual Fund Service Award for delivering quality telephone service to mutual fund shareholders in 2022.

The award honors Thrivent Mutual Funds for delivering a superior standard of care and celebrates its ongoing commitment to providing high-quality, consistent service. Thrivent ranked fourth out of 21 mutual fund firms.

“Every day, our Mutual Fund Operations team works hard to provide great service to our clients, and winning the DALBAR award for a third year in a row is a wonderful recognition of their dedication,” says Mike Kremenak, senior vice president of Thrivent Mutual Funds.

The award is earned through an objective and rigorous year-long, third-party audit of the quality of contact center interactions with mutual fund shareholders.

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National board members elected

Clients with eligible membership elected Eric J. Draut, Lynn Y. Crump-Caine and Bradford N. Creswell to the national Thrivent Board of Directors last fall. The three directors were elected out of a pool of seven candidates and began their new terms in February. Members cast a total of 570,465 qualified votes2 during the election.

The board helps lead and govern Thrivent. Board members review and approve strategic plans, oversee major business decisions, assess and manage risk, and select the CEO and appointed directors.

Read brief bios of each board member at thrivent.com/governance. Get Thrivent Member Network board election results by finding your network.

Make your board recommendations

Any Thrivent client with membership can suggest candidates for the national board of directors. If you know an active Thrivent client with membership who you think would be a strong board candidate, contact your local Thrivent Member Network board chair by May 1. Not sure who that is? Call 800-847-4836; say “fraternal” at the prompt. Or go to thrivent.com/tmn and enter your ZIP code. You’ll be taken to your Thrivent Member Network page where you can click on “contact us.”

You also can make candidate suggestions for your local Thrivent Member Network Regional Board. Simply fill out the form.

2022 Board Election Results
Name of candidate
Qualified votes
Eric J. Draut                                               
115,119
Lynn Y. Crump-Caine                                    
103,255
Bradford N. Creswell                                      
 96,772
Katherine A. Tunheim                                    
84,966
Julian R. Gluck                                                  
69,871
Michael D. Cuda                                             
56,451
Susan D. Scroggins                                         
44,031
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N. Cornell Boggs named chair of Thrivent’s board

N. Cornell Boggs, III has been elected by the Thrivent Board of Directors to serve as its next chair. His term began Feb. 1. He succeeds Bonnie E. Raquet, who was elected Thrivent’s first-ever female chair of the board in 2018. She has concluded her board service.

“Cornell has been an invaluable member of Thrivent’s Board of Directors for nearly a decade, and we’ve greatly benefited from his leadership, vast business experience and passion,” says Terry Rasmussen, president and CEO of Thrivent. “I look forward to continuing our work with Cornell in his expanded leadership role as he guides Thrivent into our next phase of growth.”

Boggs has been a member of the board since 2013. He is currently a senior strategic advisor for Quarles & Brady, LLP, a national, multi-disciplinary legal services firm. In 2021, he was named by Savoy magazine as one of the Most Influential Black Corporate Directors for his distinguished leadership and service to Thrivent’s Board.

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Be part of Thrivent’s 2024 calendar

The Thrivent calendar has been a cherished tradition for decades. But it doesn’t happen without your help.

We’re looking for your original photos or artwork that reflects the theme for the 2024 calendar of “Perspective.”

As Christians, we sometimes see things differently—in our relationships, in what’s important to us, or in how we respond to the needs around us. It can be our view of nature or the creative handiwork of a family member or friend.

As you reflect on your life, family, community and the gifts you’ve been given by God, what puts things into perspective for you? It may be time with someone you love, a volunteer activity, a favorite place, or simply a walk in nature.

You can submit entries and pre-order your 2024 calendar. The deadline for submissions is June 30, 2023. 

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1The 2023 Forbes Top 10 Term Life Insurance Companies is a listing developed by Statista, a provider of market and consumer data. The 2023 list includes categories for providers of three Property & Casualty Insurance and two Life Insurance products. The winners were determined based on an independent survey from a sample of over 15,000 U.S. citizens that were insurance company customers across the nation. For each category, the insurance company with the highest score was awarded. Companies offering only health insurance or insurance products only via employers were not considered. Respondents rated the insurance companies on a variety of factors including general satisfaction, whether they would recommend, loyalty, financial advice, customer service, price-performance ratio, transparency, digital services and claims/damage/benefit. This rating may not be representative of any one client's experience although it does include the feedback from a sample of Thrivent's clients. This rating is not indicative of future performance. A licensing fee was exchanged in order to advertise this recognition.

The Thrivent Mutual Funds call center is part of Thrivent Financial Investor Services, Inc., the transfer agent for Thrivent Mutual Funds. Thrivent Financial Investor Services is a subsidiary of Thrivent.

DALBAR, Inc. is the financial community’s leading independent expert for evaluating, auditing and rating business practices, customer performance,
product quality and service since 1976. DALBAR awards are recognized as marks of a superior standard of care in the financial community.

2Tabulated by YesElections, Inc., an independent election services company.
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