The Intercompany Long Term Care Insurance Conference Association, Inc. (ILTCI) announced its 15th annual conference, to be held March 22-25, 2015 at The Broadmoor in Colorado Springs, Colorado. Over 1,000 long-term careinsurance (LTCi) experts representing a diverse network of organizations, associations, agencies, andcare providers, each representing a specific functional area of LTCi, are expected to attend. Cosponsoredby the LTCi Section of the Society of Actuaries, the conference features more than 150industry speakers conducting over 50 educational breakout sessions, together with additional pre- andpost-conference certification classes.
American International Group, Inc. (NYSE: AIG) launched AG Platinum Choice VUL, a variable universal life insurance issued by American General Life Insurance Company with a flexible design that provides death benefit protection, upside market potential, cash accumulation for future financial needs, and the opportunity to guarantee the death benefit throughout the policy holder's lifetime.
Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, ranked 84th in ColoradoBiz magazine's 2014 Top 250 Private Companies in Colorado list. This is the 12th consecutive year Insurance Technologies has appeared on this list and the company's seventh consecutive year in the top 100, according to a press release.
Phoenix Life Insurance Company has expanded its use of ForeSight® and FireLight® to illustrate and process whole life, term life and annuity insurance products. The recent ForeSight expansion included Phoenix's whole life and term life products and included a mobile quoting app which allows Phoenix producers to quickly and easily run simplified term life illustrations from their Smartphones. And to further automate and streamline the sales process for their producers, Phoenix Life utilizes Insurance Technologies' other core offering, FireLight, an e-application business fulfillment platform.
Massachusetts Mutual Life Insurance Company (MassMutual) announced that MassMutual's FutureSmartChallenge, now in its second year, will visit five cities and reach an additional 10,000 students across the country. The Challenge is a national program that offers middle school students the opportunity to learn about smart educational and financial choices in an exciting interactive seminar held in collaboration with select NBA teams, followed up by Junior Achievement curriculum in their classrooms during the school year.
VUE Software, a 24-year-old insurance-specific software solutions provider, announced an agreement with Molina Healthcare to implement the VUE Distribution Management Suite. VUE Software will allow Molina Healthcare to increase operational efficiency by streamlining the onboarding and recruiting of new producers, as well as having real-time licensing & credential validation to ensure compliance.