Amica Life Insurance Company has unveiled AmicaLifeLessons.com, an educational website to help consumers better understand life insurance throughout various life stages. The site launched on April 1, and it has many helpful resources including an easy-to-use, life insurance-needs calculator and content specific to the times when life insurance matters most.
Athene USA, a provider of products in the retirement-savings market, announced the launch of an ambitious initiative centered around a dynamic suite of both new and enhanced products focused on helping customers achieve their financial goals. Called Athene Performance Elite®, the initiative has become one of the industry’s leading accumulation-focused fixed indexed annuities, and has been enhanced with the addition of two new volatility-controlled indices offered with highly competitive crediting strategies. The new indices include a global multi-asset index sponsored by BNP Paribas, and a dividend-focused equity index sponsored by Morningstar®.
The Amalgamated Family of Companies, whose flagship organization is Amalgamated Life Insurance Company, a provider of insurance solutions including group life, disability, worksite/voluntary products and medical stop loss, announced the appointment of Emily B. Jordan, Esq. (photo, right) as assistant vice president, Compliance Counsel.
Boston Mutual Life Insurance Company, insurance solutions for individuals and at the workplace, announced the addition of James Dawson as senior regional sales director to its Workplace Solutions division. Responsible for the State of Florida for the division, Dawson’s primary role will be to coordinate with producers across the state to support policyholders and continue the company’s growth.
Capgemini, a provider of consulting, technology and outsourcing, has accelerated its specialized blockchain practice within its financial services business unit to help clients improve operational efficiency, security and customer service as well as capture new market opportunities. Capgemini has recruited a core team of leading blockchain technology specialists with plans to expand its global team to more than 100 professionals by year-end.
The DBL Center Ltd., a wholesale insurance general agency serving more than 4,000 brokers across 15 states, and a disability coverage provider, has re-designed and re-launched its website, InsuranceWholesaler.net, to meet the growing needs of brokers and independent agents.
The Guardian Life Insurance Company of America® (Guardian), a provider of employee benefits, announced it is working with Maxwell Health (Maxwell) to launch Guardian BenefitsCenter, a multi-carrier, proprietary platform that provides brokers and their clients with a comprehensive end-to-end operating system for delivering employee health and financial security benefits.
Hootsuite, a platform for managing social media, welcomed Amy McIlwain as global industry principal of financial services. In this role, Amy will help Hootsuite customers in the financial services industry develop comprehensive social media strategies and training efforts that adhere to industry governance and regulation. Amy founded Financial Social Media (acquired by Moore Communications Group), a digital marketing agency that focused on addressing social media compliance implications in highly regulated industries. Amy has worked with Fortune 500 banks, financial and insurance companies, and risk management organizations to implement effective and compliant social media programs for advisors, marketing and sales teams.
The Institutes Management Education Program will be held at the Wisconsin School of Business from October 17 through October 21, 2016. Participants will gain organizational leadership training tailored to the risk management and insurance industry. The program will include:
Learning to successfully align and implement strategies
Deepening your understanding of organizational dynamics
Understanding the operational aspects of executing strategy
Enhancing your strategic business knowledge and decision-making skills
Building a new network of fellow industry participants
As part of its 100th anniversary celebration, LIMRA is accepting nominations for 25 rising stars in retirement under age 40 in the financial services industry. “By 2040, there will be more than 80 million retirees in the United States, and most will need help from our industry to ensure they enjoy a financially secure retirement,” said Robert A. Kerzner, president and CEO, LIMRA, LOMA and LL Global.
Lombard International, a wealth structuring solution for the high-net-worth market, announced the appointment of Michael Gordon as CEO of its U.S. operations. The announcement is part of a series of strategic developments for Lombard International including the formal launch in September 2015 of its global life insurance-based wealth management business.
Madison Advisors announced it will sponsor an Executive Roundtable on May 12 at the Document Strategy Forum ’16 held May 10-12 at the Hyatt Regency O’Hare Chicago. The roundtable will take attendees through seven key workflow components of customer communications management including data, preference, composition, delivery and archive using Madison Advisors’ customer communications management maturity model as a baseline. Register to attend the Document Strategy Forum here.
With many Americans prioritizing the importance of health care, life and disability protection, MassMutual is introducing a new mobile app that answers the question, “Am I covered?” with the press of a button. The new BeneClick!SM Mobile App for smartphones and tablets supports MassMutual’s BeneClick!, a benefits exchange that combines insurance protection, health care coverage and retirement savings plans on a single platform.
The Penn Mutual Life Insurance Company (Penn Mutual) has launched its updated Chronic Illness Accelerated Benefit Rider. The rider is now available in all states, offers richer benefits and broader availability than its predecessor, and can provide added peace of mind if the insured becomes chronically ill.
The Professional Insurance Marketing Association (PIMA) will hold its MidYear Meeting & Exhibitor Trade Show from July 21-24, 2016 at the Terranea Resort in Rancho Palos Verdes, Calif. This year’s conference will focus on how technology is changing the industry, and includes a focus on new players who are changing how we do business. For more information, go to the conference page here.
SCOR Global Life announced the receipt of its SOC2 Type 2 Report regarding the effectiveness of its controls over the Velogica automated life underwriting system. “We received the SOC2 Type 1 Report late last year attesting that we had controls in place. But the Type 2 Report is the real goal because it provides third-party confirmation that our controls have been reviewed over time and are operationally effective,” says Dave Dorans, senior vice president of SCOR Velogica. The report, based on the AICPA’s Trust Services Principles and Criteria for Security, Confidentiality and Availability, is an independent, third-party examination that demonstrates the operational effectiveness of SCOR’s key compliance controls and objectives as they relate to the Velogica system.
TWFG Insurance Services has recorded a grand slam of “Bests and Favorites,” representing the opinions of the 110,000 residents in its home community of The Woodlands, Texas. The company scored a double win when The Villager newspaper readers picked the agency as “Best Insurance Company” and then underscored that opinion by selecting it as “Best Employer” from the more than 2,000 companies operating and headquartered in The Woodlands. That honor was reinforced by the Woodlands Online community portal, which asked interactive participants to name “Best of The Woodlands 2016.” Again, TWFG-The Woodlands Financial Group emerged as “Best Insurance Agency or Agent.”
A.M. Best Co. has affirmed its B++ (Secure) financial strength ratings for Unity Financial Life Insurance Company, Cincinnati, Ohio. The company outlook was rated as “stable.”
Valley Insurance Agency Alliance (VIAA), a cohesive family of nearly 100 independent agencies in Missouri and Southern Illinois, recently added Cordes Insurance Agency to its growing organization. Cordes Insurance Agency is a full-service insurance business that specializes in home, auto, commercial, farm, life and health insurance.
VUE Software announced that Pennsylvania-based P&C Insurer Donegal Insurance Group is optimizing its producers’ digital experience with VUE Software’s Distribution Management Suite. “Enhancing our distribution technology will provide our producers with ready access to essential business information and will improve customer interaction,” said Sanjay Pandey, chief information officer at Donegal Insurance Group.