Thu.Aug 24, 2023

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CIO Anurag Gupta on taking the private equity plunge

CIO

Of all the trade-off decisions you may have to make as an IT executive, few stand to alter the course of your career as dramatically as that of whether to serve a firm owned by private equity (or “PE”). On the one hand, such firms (often referred to as portfolio companies, or “PortCos”), can excite and inspire, especially when turbo-charged with capital and expertise.

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The Future of GenAI in Business With Eric Schmidt and David Solomon

Alpha Sense BI

AlphaSense has remained steadfast in its mission to radically improve how professionals make business decisions through the power of AI. As we look towards the future of an AI-enabled world, we spoke with two titans of the tech and financial worlds, Eric Schmidt, Co-Founder of Schmidt Futures and Former CEO & Chairman of Google and David Solomon, Chairman and CEO of Goldman Sachs, on what we can expect to see unfold with the rapid growth and business implications of generative AI (genAI).

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO

While AI has steadily worked its way into the enterprise and business vernacular over many years, gen AI has not only become an abrupt and immediate force unto itself, but also an overarching AI accelerant. Not without warning signs, however. Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored.

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Wink, Inc. Releases 2nd Quarter, 2023 Deferred Annuity Sales Results

Wink Intel

— FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE INDEXED AND STRUCTURED ANNUITIES SMASH RECORDS! Wink, Inc. Releases 2 nd Quarter, 2023 Deferred Annuity Sales Results Des Moines, Iowa. August 24, 2023 – Wink’s Sales & Market Report , the insurance industry’s #1 resource for annuity sales data since 1998, released its 104 th edition report for 2 nd Quarter, 2023.

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Are Your Impact Comms Resonating With Stakeholders?

Whether your organization is at the start of its sustainability and impact journey or years into it, many brands share a common concern: the uncertainty of whether they are sending stakeholders mixed messages. Creating content that speaks to your audience's “love language” can be a tricky dance. But, worry not! 3BL has put together tips to ensure that your content not only finds its rhythm but also resonates with your target audiences.

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Generative AI is electrifying. Charge ahead or get shocked.

CIO

By Chet Kapoor, Chairman & CEO of DataStax The energy around AI is nothing short of electrifying. It’s not just a buzzword or part of a science fiction storyline. It’s our new reality and will be the most important and disruptive innovation of our lifetime. The market and opportunity ahead are massive. A large majority of applications will include AI by 2025, and let’s be honest, you can’t put a price on GPT.

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Equinix goes partner prospecting with AI

CIO

Multinational data infrastructure company Equinix has been capitalizing on machine learning (ML) since 2018, thanks to an initiative that uses ML probabilistic modeling to predict prospective customers’ likelihood of buying Equinix offerings — a program that has contributed millions of dollars in revenue since its inception. But as the company evolved since the launch of that project, so did its reliance on channel partners to accelerate customer acquisition and expansion.

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How to Prioritize Responsibility Over Reactivity in Evaluating AI

Domo

For decades, artificial intelligence (AI) was the realm of PhD-level data scientists. But when OpenAI released ChatGPT in November 2022, AI was launched into the public conversation and made AI accessible to anyone with internet access—and the media went wild with sensational headlines and dire predictions about how AI would change our work worlds for the better, or more likely, the worse.

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No Storage, No Future Tech: Why Cutting-Edge Innovations Rely on Tried-and-True Data Storage

Dataversity

Imagine if you asked a large language model to write a fantasy story about a girl who wanders into a magical forest and meets a pirate with the same name as your brother, a fairy allergic to pixie dust, and a cat who speaks in iambic pentameter. Then, pair that with an AI image generator […] The post No Storage, No Future Tech: Why Cutting-Edge Innovations Rely on Tried-and-True Data Storage appeared first on DATAVERSITY.

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Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations

Wink Intel

ARMONK, N.Y. & HAMILTON, Bermuda–( BUSINESS WIRE )–IBM (NYSE: IBM) and FGH Parent, L.P., (together with its subsidiaries, “Fortitude Re”), today announced they have entered into a $450 million agreement to transform Fortitude Re’s life insurance policy servicing operations with the implementation of AI technology and other automation tools designed to deliver a best-in-class customer experience for policyholders and insurers.

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7 Strategies to Gather (and Actually Use) Competitive Intel from Employees

Leaders in competitive intel know that the employees who interact with customers and prospects every day hold valuable competitive insights that could help win sales. But they don’t have a good plan or system to gather, organize, and share these insights with the stakeholders who need them. In this eBook, we outline 7 strategies to make it easier to build and scale an employee sharing program that will drive competitive advantage.

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‘Annuity King’ deemed a flight risk as sentencing nears on fraud conviction

Wink Intel

A pair of Tampa judges rejected two appeals this week by Phillip Roy Wasserman, the self-styled “Annuity King,” as his sentencing on fraud charges nears. Judge Sean P. Flynn denied Wasserman’s request to be freed on bond. Wasserman, scheduled to be sentenced Sept. 6 on fraud charges, is under 24-hour home incarceration with electronic monitoring, with exceptions for medical necessities, court appearances and court obligations.

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Prudential Sued Over MOVEit HackPrudential Sued Over MOVEit Hack

Wink Intel

Prudential Financial is being sued over the MOVEit file transfer system breach by a plaintiff who thinks affected customers should get 10 years of free credit monitoring. Prudential, like many of the affected financial services companies, has offered the 320,840 customers believed to be affected by the breach two years of free credit monitoring services from Kroll.

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Triple-I: Education Is Key to Life Insurance Awareness Month

Wink Intel

NEW YORK–( BUSINESS WIRE )–If someone depends on you financially, you should consider purchasing a life insurance policy, according to the Insurance Information Institute (Triple-I). September is Life Insurance Awareness Month and Triple-I participates each year as the insurance industry focuses on educating the public about the essential financial protection a life insurance policy provides,” said Michael Barry, chief communications officer, Triple-I.

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NAIFA, FSP and Life Happens announce plan to unite

Wink Intel

Three industry associations today announced their plan to unite into a single organization. The National Association of Insurance and Financial Advisors , the Society of Financial Service Professionals and Life Happens announced plans to come together as one organization, pending membership approval. The merger will take place following a vote of each organization’s membership and that vote is expected to take place in the fall.

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What Regulations Will Impact Sustainability Comms in 2024?

Navigating the waters of sustainability reporting disclosures and regulations can be intimidating, to say the least. With various measures set in motion in 2023 to keep companies accountable, there is a lot in store for brands’ impact communication in the upcoming year. 3BL is kicking off this January with our Navigating ESG Comms Through the Cosmos - Capricorn Edition by highlighting the impact of: The U.S Securities and Exchange Commission (SEC) Climate disclosure rules The European Commission