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Medical Society of Virginia selects Digital Insurance

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The Medical Society of Virginia Insurance Agency (MSVIA) partnered with Digital Insurance to manage its employee benefits program. Digital Benefit Advisors now handles MSVIA’s benefits caseload – from sales to customer service.

MSVIA serves members of the Medical Society of Virginia along with other Virginia physicians through a variety of programs and services. While MSVIA is partnering with DBA for its employee benefits business, it will continue to serve members and Virginia physicians through its robust property and casualty division, which offers professional liability insurance and other ancillary products. 

In other industry news:

John L. Machir, senior vice president at Ringler Associates, is the new president of the National Structured Settlements Trade Association.

Machir has been a national leader in structured settlements for almost three decades.  He was one of the original founding members of the board of directors at NSSTA. He has served previously in several senior leadership positions, including a term as NSSTA president in 1989-1990. He is one of only two people ever to be elected twice as NSSTA’s president.

Machir joined Ringler Associates in 1988, from JMW Settlements, a company he co-founded in 1981. He succeeds Randy Dyer, also of Ringler Associates, who was NSSTA president from 2012 to 2013. Machir is a graduate of Georgetown University (1971) with a B.S. in Business Administration.

AssuredPartners Inc., through its Neace Lukens subsidiary, completed the acquisition of Buckley & Co., an independent insurance agency based in Lexington, Ky. The Buckley & Company office will merge with the existing Neace Lukens Lexington branch located at 2416 Sir Barton Way.

Formed in 1896, Buckley & Co. provides commercial insurance for small businesses, personal insurance, and life, health and employee benefits insurance. More than 10 Buckley & Co. associates will join Neace Lukens and remain in their current positions. Biff Buckley, current Buckley & Co. president, will also join Neace Lukens.

The Neace Lukens Lexington office will now have more than 40 agents and staff members with the addition of the Buckley & Co. associates, operating under the direction of Bryan Raisor, managing director.

Patricia PurdyPatricia Purdy joined Pacific Resources as vice president, Core Benefits Solutions.

In her new role, Purdy will serve as a member of Pacific Resources’ Senior Leadership Group and will be the practice lead for all of the company’ core benefits, including Life and Disability, as well as Dental and Absence and Productivity.

Purdy brings more than 25 years of group insurance experience and spent half her career in field sales management. She was most recently assistant vice president of Sales and Market Development at The Hartford. Prior to joining The Hartford, Purdy worked at Genworth Financial, Sun Life and The Phoenix. Purdy serves on the boards of directors at the Disability Management Employer Coalition and Integrated Benefits Institute.

Laser App Software expanded its relationship with Shareholders Service Group, a brokerage and custodial firm for independent registered investment advisors. With the expansion, SSG will be able to continue to streamline the forms-filling process for their RIAs by making additional forms available. 

Laser App offers advisors a library of forms that can be auto-populated from the advisors’ Customer Relationship Management System (CRM). SSG will offer a custom LITE version of Laser App Enterprise to its advisors. The custom platform will include Shareholders Service Group’s new account forms and Pershing forms. Previously, Shareholders Service Group offered approximately 15 forms on Laser App Enterprise, but with the new relationship, the number of forms offered will nearly triple.

New York Life ranked 30th on DiversityInc’s Top 50 Companies for Diversity list. New York Life was highlighted for its communications, leadership, procurement practices and training.

DiversityInc 2013 survey results show that Top 50 companies have:

  • 76 percent more Blacks, Latinos and Asians on their boards of directors than the Fortune 500
  • 54 percent more women on their boards of directors than the Fortune 500
  • 43 percent more women in the top level (CEO and direct reports) than the Fortune 500
  • 16.6 percent more Blacks, Latinos and Asians in the top level (CEO and direct reports) than the Fortune 500

The process of determining The DiversityInc Top 50 Companies for Diversity is based solely on empirical data. Participation in the survey is free.

Health care providers are increasing brand “stickiness” with SmartVideo from SundaySky by delivering each policyholder a personalized policy statement by using real-time, engaging video technology to deliver video policy statements to each customer.

Customers are walked through the details for their policy statements, including a line-by-line visual and audio tour of their policy without the confusion of paper billing. Policyholders can go through the claims process with insurers proactively addressing policy questions, driving brand loyalty and reducing calls to the call center.

With video statement technology, insurance and healthcare providers are increasing brand stickiness, as the take rate on value-added services, such as paperless billing and autopay, is 1.5X to 3X greater for video viewers, according to SundaySky.