NEW HIRES BOLSTER T. ROWE PRICE'S EXPANDING INSURANCE BUSINESS

Rhea-AI Summary

T. Rowe Price (NYSE:TROW) has announced three strategic hires to strengthen its insurance business division. Mark Rose joins as Insurance Solutions Strategist in the fixed income division, while Chase Uhlein and Blayze Hanson are appointed as Senior Insurance Relationship Managers in the Americas Institutional Business Development team.

Rose, former CIO of Argo Insurance Group, will support account management and business development across credit strategies. Uhlein brings over 12 years of experience from J.P. Morgan, and Hanson joins from PIMCO with a decade of insurance sales expertise. All three hires will contribute to T. Rowe Price's expansion in the insurance sector under the leadership of Ben Riley, who assumed the role of Head of Insurance in January 2025.

Positive

• Strategic expansion of insurance business with three experienced CFA professionals
• Enhanced expertise in fixed income and insurance solutions with former CIO of Argo Insurance Group
• Strengthened client service capabilities with experienced hires from major firms (J.P. Morgan, PIMCO)

Negative

• None.

Mark Rose joins as Insurance Solutions Strategist; Chase Uhlein and Blayze Hanson appointed Senior Insurance Relationship Managers

BALTIMORE, Aug. 13, 2025 /PRNewswire/ -- T. Rowe Price, a global asset management firm and a leader in retirement, announced the addition of three new hires to help drive the continued growth of the firm's insurance business. Mark Rose, CFA^®, joins the fixed income division as an insurance solutions strategist and Chase Uhlein, CFA^®, and Blayze Hanson, CFA^®, join the Americas Institutional Business Development team as senior insurance relationship managers. Rose will report to Steve Boothe, Head of Global Investment Grade, Fixed Income, while Uhlein and Hanson will report to Ben Riley, Head of Insurance.

In his role as insurance solutions strategist in the fixed income division, Rose will leverage his deep insurance sector experience to support account management and business development across public and private credit strategies. Rose was formerly the chief investment officer of Argo Insurance Group, responsible for its investment portfolio, including strategic and tactical asset allocation, risk management, and oversight of its internal and external investments. Prior to Argo, Rose was a high yield credit analyst and member of the derivatives sales desk at Goldman Sachs. He is a graduate of the United States Military Academy and the U.S. Army Ranger School, and he has earned the Chartered Financial Analyst^® designation.

Uhlein joins T. Rowe Price as senior insurance relationship manager from J.P. Morgan, where he served as executive director of fixed income insurance solutions and worked for more than 12 years. He has extensive experience in servicing and selling within the general account segment of the insurance market. Uhlein earned a Bachelor of Arts in economics from Hamilton College. He also is a Series 7, 63, and 3 registered representative and has earned the Chartered Financial Analyst^® designation.

Hanson brings significant industry expertise to his role as senior insurance relationship manager. He most recently served as vice president and insurance account manager at PIMCO, where he was deeply involved in insurance sales and service for over a decade. Hanson earned a Bachelor of Science in applied mathematics from Loyola Marymount University and an M.B.A. from the University of Southern California. He is a Series 7, 63, and 3 registered representative and has earned the Chartered Financial Analyst^® designation.

"We are thrilled to welcome Mark, Chase, and Blayze to our insurance business at such a pivotal time in the growth of this sector," said Riley. "Their addition strengthens our sales coverage, deepens client engagement, and reinforces our 'service alpha,' which we believe is a key differentiator in our approach to fostering a service-oriented culture. We aim to be a partner of choice for our insurance clients and to build on our momentum in this important market."

Ben Riley, CFA^®, assumed the newly created role of Head of Insurance on January 1, 2025. Riley oversees a team responsible for insurance clients in North America, while also coordinating T. Rowe Price's global insurance efforts. "These new hires reflect T. Rowe Price's commitment to serving clients with enhanced focus and expertise in this sector", Riley said.

ABOUT T. ROWE PRICE
T. Rowe Price (NASDAQ-GS: TROW) is a leading global asset management firm, entrusted with managing US $1.70 trillion in client assets as of July 31, 2025, about two-thirds of which are retirement-related. Renowned for over 85 years of investment excellence, retirement leadership, and independent proprietary research, the firm leverages its longstanding expertise to ask better questions that can drive better investment decisions. Built on a culture of integrity and prioritizing client interests, T. Rowe Price empowers millions of investors worldwide to thrive amidst evolving markets.

Visit troweprice.com/newsroom for news and public policy commentary.

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SOURCE T. Rowe Price

FAQ

Who are the new hires at T. Rowe Price (TROW) for its insurance business?

T. Rowe Price hired Mark Rose as Insurance Solutions Strategist, and Chase Uhlein and Blayze Hanson as Senior Insurance Relationship Managers.

What is Mark Rose's background before joining T. Rowe Price (TROW)?

Mark Rose was previously the Chief Investment Officer of Argo Insurance Group and worked at Goldman Sachs as a high yield credit analyst and derivatives sales desk member.

Who leads T. Rowe Price's insurance business division?

Ben Riley leads the insurance business division as Head of Insurance, a role he assumed on January 1, 2025.

What experience do the new T. Rowe Price (TROW) insurance relationship managers bring?

Chase Uhlein brings 12+ years of experience from J.P. Morgan in fixed income insurance solutions, while Blayze Hanson comes from PIMCO with over a decade of insurance sales experience.

What is T. Rowe Price's strategy for its insurance business expansion?

T. Rowe Price is focusing on strengthening sales coverage, deepening client engagement, and enhancing their 'service alpha' to become a partner of choice for insurance clients.