Paul Patsis, chairman and chief executive of Marketing One Inc., has been tapped by his parent company to lead an annuity underwriter.

He was named president and chief executive of United Insurance Cos., Baton Rouge, La., a $1 billion-asset company founded in 1955. United Cos. and Portland, Ore.-based Marketing One are owned by Penncorp Financial, a $10 billion-asset insurance company based in Raleigh, N.C.

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