Press Releases

The Penn Mutual Life Insurance Company Names Two General Counsels

Frank Best and Ann-Marie Mason to lead corporate Legal departments

HORSHAM, PA.September 16, 2020 – The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, announced the promotion of Frank Best to General Counsel, Insurance and Corporate Secretary and the promotion of Ann-Marie Mason to General Counsel, Asset Management and Broker/Dealer. These newly-created positions provide increased focus on specific areas of the organization and strengthen the company’s approach to providing legal guidance and support to corporate and field offices.

Best will be responsible for all legal matters associated with the Penn Mutual family of insurance companies. Throughout his 46-year career with the Penn Mutual Law Department, Best has been recognized as a true subject matter expert.

The author of two insurance law books, numerous articles in law journals, and a frequent speaker at industry conferences, Best serves on the boards and committees of key insurance and law industry associations and is an active community leader and volunteer. Best received a bachelor’s degree from Yale University, a doctor of law degree from the University of Pennsylvania Law School, and attended the Columbia Business School Executive Program.

Mason will be responsible for all legal matters related to wholly-owned subsidiaries Penn Mutual Asset Management and HTK. Mason joined Penn Mutual in 2019 as Vice President and Head of Shared Services—Enterprise Compliance after 11 years with FINRA where she rose to the role of Vice President and Counsel. At FINRA she served as a key source of legal and regulatory expertise on subject matters affecting Registered Investment Advisers and Broker Dealers. She also exclusively handled all of FINRA’s high impact, expedited litigation matters.

Mason’s previous experience includes serving as Senior Counsel, Financial Products and Services Unit at MetLife, a litigator in private practice and Senior Trial Attorney with the King’s County District Attorney’s office (Brooklyn, NY). She received a bachelor’s degree in Political Science from the University of Rochester and a doctor of law degree from New York University School of Law. Mason is active with the Corporate Counsel Women of Color and is a member of the Board of Directors of Listen To Our Voices, a non-profit organization advocating for children and young adults.

 About The Penn Mutual Life Insurance Company

Penn Mutual is committed to helping people live life with confidence. At the heart of this purpose is the belief that life insurance is central to a sound financial plan. Through our network of trusted financial professionals, we are dedicated to helping individuals, families and businesses achieve their dreams. Penn Mutual supports its financial professionals with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. Visit Penn Mutual at


Jeff Leinen
Penn Mutual
(215) 956-8530