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Business Insurance appoints diversity award winners



George Nichols III, President and CEO of the American College of Financial Services, was named the first winner of the Alonzo Herndon Award during the Business Insurance Diversity and Inclusion Institute's Leadership Conference on Thursday. Lacrecia Cade, President and CEO of Atlanta Life Insurance Co., which sponsored the award, presented the award during the virtual conference, and noted Mr. Nichol's achievements, including being the first African American insurance commissioner in Kentucky and chairing the National Association of Insurance Commissioners. In addition, he was the first African-American to be elected to the New York Life Executive Committee.

Nichols also held various positions in the health and insurance industry, including CEO of Central State Hospital in Louisville, Kentucky.

Mr. Nichols is a "four star for not only excellence but for solutions and results that create tangible paths and alternatives for others," Cade said.

The Alonzo Herndon Award is named after the founder of Atlanta Life.

Herndon was born into slavery in 1

858 and worked as a worker from a young age. With almost no schooling and no money, he achieved great success in various business ventures. The Alonzo Herndon Foundation honors his legacy and supports programs and policies in accordance with his vision.

Business Insurance and Atlanta Life launched the award to draw attention to a person who exemplifies Herndon's courage, good leadership and extraordinary goodwill. against others, which strengthens their progress and success.


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