Mon.Mar 20, 2023

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Leveraging Data Governance to Manage Diversity, Equity, and Inclusion (DEI) Data Risk

Dataversity

This is part 2 of a two-part article. Find part 1 here. In this section, we discuss how to leverage Data Governance to manage DEI data risk. In part 1 of this article, we identified several best practices for data that chief diversity officers can leverage to support data-driven approaches to diversity, equity, and inclusion (DEI). As […] The post Leveraging Data Governance to Manage Diversity, Equity, and Inclusion (DEI) Data Risk appeared first on DATAVERSITY.

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What’s next for network operations

CIO

By Serge Lucio, Vice President and General Manager, Agile Operations Division This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts. Enterprise networks are undergoing a profound transformation.

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The Old World Vs the New World – Retail Evolution Through the Digital Decade

Intelligence Node

Retail has changed staggeringly in the last decade. More so, with the pandemic disrupting normalcy and retailers having to adapt to a remote, digital-first approach to keep businesses afloat. This. The post The Old World Vs the New World – Retail Evolution Through the Digital Decade appeared first on Blog.

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CEO directives: Top 5 initiatives for IT leaders

CIO

CIO Talvis Love has weathered a tsunami of rapid and significant changes at Baxter International over the past year — with little reprieve in sight. In late 2021, the med tech company completed the $12.4 billion acquisition of Hillrom, the largest in its history, to expand the company’s digital health and connected care offerings. While Love and his 3,500-person IT team were working on that integration, the company announced in January 2023 plans to spin off its acute care and renal units, which

IT 617
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Can Businesses Meet Increasing Consumer Expectations?

According to 3BL and TriplePundit’s Consumer Insights & Sustainability Benchmark two-thirds of U.S. adults actively seek and follow sustainability issues. This leaves room for businesses to fill in the gaps currently seen between consumer expectations and corporate ESG communication. This research reveals what issues consumers care about and how businesses can tailor their communications to different segments of consumers.

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16 Market research companies in Chicago for reliable consumer insights

ATTEST

Understanding your customers’ needs is key to creating a killer product that resonates with them. Market research companies help you discover these needs in target markets through things like surveys, focus groups and product testing. This deep understanding of customer behavior lets you deliver exactly what your audience expects (and hopefully what they’ll buy).

More Trending

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Faster, cheaper, better: Domo replaces custom report module

Domo

We held on to our obsolete claims and underwriting system for as long as we possibly could. When it finally became unsupportable, we were given a very tight replacement budget. We hired an outside development firm for the core application work and used Domo throughout the project to monitor performance to stay within budget. But the reporting module was clearly going to be a problem: it needed a full month of custom development work and would tie our own team down in a lengthy specification proc

Loss 52
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Digital transformation obstacles: Stubborn challenges, what to do about them

CIO

The transformation imperatives In recent years, global enterprises have gone through tectonic shifts, responding to massive changes in their societal, competitive, and geopolitical realities. These trends have had many consequences, but they’ve all served to intensify a key imperative: rapid digital transformation. While progress has been made, many organizations still have a lot of work to do—and many obstacles to overcome.

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Using Domo to help keep budgets on track

Domo

NLC Mutual relied for years on a claims and underwriting system written in the 1980s. The company that wrote it has terminated support, and the NLC employee who used it has retired, so we contracted with a development company to write a new one for us. Building a new system rather than purchasing one is a difficult decision, so we needed to be able to monitor our spending to show our board that it was a smart financial decision.

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Topgolf Callaway tees up digital transformation for global expansion

CIO

At Topgolf Callaway Brands, digital transformation has been a key enabler of strategic growth and expansion, laying the foundation for the company’s future. Ely Callaway Jr. founded the company in 1982, buying Hickory Stick USA golf clubs after that maker started running low on funds. In 1986, the company released the Big Bertha driver using computer-controlled manufacturing machines.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Forecast claims using automated Domo reports

Domo

The “loss triangle,” or loss-development triangle, is a forecasting tool used by finance departments at every insurer or reinsurer. It’s important because many insurance claims aren’t one-time events: the company still pays monthly claims against a three-year-old disability accident, for example. By showing how losses develop over time, loss triangles help an insurer forecast what it can expect to be paying for old claims, so it can maintain the legally required level of reserves.

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Weidert Group Recognized As A Gold-Certified Employee Friendly Workplace

Weidert Group

APPLETON, WI MARCH 2023 — Weidert Group has been certified as a Gold-Level Employee Friendly Workplace by the Fox Cities Chamber of Commerce. This certification recognizes employers that have created a positive work environment and experience for their employees.

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Data as a service enhances reinsurance value

Domo

Three years ago, NLC Mutual realized that standardizing the way our clients reported data would create a lot of efficiencies for us. So, we sublicensed Domo to all our clients and taught them how to use it. Now we get automated feeds of scrubbed data that are consistent across all our clients and report ready. And that opened a brand-new opportunity for us: including aggregated data among our reinsurance services.

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Is Shadow SaaS a Security Risk?

Dataversity

After years spent purchasing and expanding SaaS usage to meet the challenges created by the pandemic, IT teams are now tightening SaaS spend and see growing security risks from shadow SaaS. SaaS is particularly painful for IT to manage. Ownership of these applications is decentralized across the organization and official procurement processes are often skipped, […] The post Is Shadow SaaS a Security Risk?

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What Consumers Are Saying About ESG – And What That Means for Your Business

A growing body of evidence shows that environmental, social and governance (ESG) initiatives are important to business growth. And it all relies on a simple fact: ESG issues matter to consumers. Consumers see businesses as crucial change agents and are willing to take their business to the competition if their current brand comes up short on ESG. In pursuit of identifying where such trends are today, 3BL Media and TriplePundit partnered with the research technology firm Glow to survey 3,648 U.S.

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A Domo child instance is a win-win for NLC Mutual and its clients

Domo

Reinsurance is a mature, conservative business. Claim databases are niche software, and reporting systems are typically custom-built SQL or even Access databases. Because data aggregation, cleansing, and reporting are so complex, many of our members are limited in their ability to access their claims data. Use Case Many of NLC Mutual’s members lack the staffing and expertise to pull this data together, so we proposed to give every client a prepaid Domo sublicense and show them how to use it for

Win 52
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Credit Suisse Ignites Global Market Rout as Banking Fears Return

Wink Intel

All it took was a few tough words from Credit Suisse Group AG’s biggest shareholder on Wednesday to spark a selloff that quickly spread across global markets. Asked whether Saudi National Bank was open to further cash injections, Chairman Ammar Al Khudairy said “absolutely not.” It was a reminder about the precarious situation facing the Swiss bank just one day after its CEO, Ulrich Koerner, had sought to shore up investor confidence by pointing to signs of improvement in its business.

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16 Top Social Media Tools for 2023

Netbasequid

Which social media tools make sense for your brand? Even if you already know what kind of new social media tools you need to look for and why, validating your findings is wise—this list will help! There are always shifting trends and technological advances happening, and our updated social media tools list captures them. They showcase corresponding social analytics that offer the most powerful insight options available for your social media strategy!

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AM Best Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiaries

Wink Intel

OLDWICK, N.J.–( BUSINESS WIRE )– AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “aa-” (Superior) of The Penn Mutual Life Insurance Company (Penn Mutual Life) (Horsham, PA) and its wholly owned subsidiaries, The Penn Insurance and Annuity Company (Wilmington, DE), Vantis Life Insurance Company (Windsor, CT) and The Penn Insurance and Annuity Company of New York (Brewster, NY).

Capital 40
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The ABM Benchmark Survey

ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.

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SEC charges advisor with failing to disclose annuity commissions

Wink Intel

The SEC has charged an investment advisor with failing to adequately disclose commissions and other payments he earned for recommending annuity purchases, a move that could signal stepped-up scrutiny of insurance products. Click HERE to read the full story via InvestmentNews The post SEC charges advisor with failing to disclose annuity commissions appeared first on Wink.

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EquiTrust’s New Product Launch Powered by Sapiens’ Game-Changing Technology

Wink Intel

Utilizing Sapiens IllustrationPro and ApplicationPro, EquiTrust launches its new innovative product and process for C ustomer Acquisition in under 6 months RALEIGH, N.C. , March 20, 2023 /PRNewswire/ — Sapiens International Corporation , (NASDAQ: SPNS ) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced with EquiTrust , a leading North American life and health insurance company, the launch of their state-of-the-art Customer Acquisition

Gaming 40
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Conning: Growing Demand for In-Plan Annuities Creates Opportunity for Insurers

Wink Intel

Conning releases study looking into the current state of income (in)security for Americans and the U.S. insurance industry’s opportunity to supplement retiree income gaps through annuities. HARTFORD, Conn. , March 17, 2023 /PRNewswire/ — A significant trend in the U.S. retirement system over the past four decades is that private sector employees have become less likely to be covered by defined benefit (DB) pension plans and more likely to be covered by defined contribution (DC) pla

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Life insurers facing unrealized losses due to pace of interest rate rises: Moody’s

Wink Intel

A report from Moody’s Investors Service has suggested that while the increase in interest rates within the last year has been positive for life insurers in Europe, the fast pace of the increase means that a majority of insurers are now sitting on significant unrealized losses in their fixed income portfolios. In the report, Moody’s states that it does not expect these losses to be realized, because insurers have a relatively illiquid liability profile, and practice sound asset liability manageme

Loss 40
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How to Measure the ROI of IT Operations

IT is viewed as a cost center by organizations. In troubling economic times, this puts intense pressure on IT to demonstrate value for IT investments. Register for this webinar to learn how to quantify the intrinsic benefits of IT using analytics.

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ICYMI: Finseca’s Cadin Corrects Record on Problematic California Proposal

Wink Intel

We were disappointed to read the story titled , California Is Shaping Law That May Change ‘Best Interest’ Landscape. Unfortunately, the piece provides a one-sided and myopic review of a California legislative proposal that, despite the commentary from the reporting, could be very problematic for consumers if left unamended. Click HERE to read the full story via Medium The post ICYMI: Finseca’s Cadin Corrects Record on Problematic California Proposal appeared first on Wink.

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NAIFA-CA URGES LAWMAKERS TO AMEND BILL THAT WOULD HARM LIFE INSURANCE PRODUCERS AND CONSUMERS

Wink Intel

NAIFA’s California chapter is holding its annual Legislative Day in Sacramento on March 29. The event will feature visits with lawmakers by NAIFA-CA members, during which they will discuss SB 263 , a legislative proposal that in its current form would harm the ability of insurance agents and brokers to serve the public. SB 263 is simply unworkable and it discriminates against the agency distribution system.

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Make Sure Everyone Understands Life Insurance: Jomil Guerrero

Wink Intel

New York Life Insurance Company has picked Jomil Guerrero to help the company better connect to a wider market of customers. Guerrero, the financial services giant’s new chief diversity officer, will influence New York Life’s employee benefits, investment and marketing strategies. Part of her job will involve supporting agents’ and advisors’ efforts to reach more people in culturally diverse markets.

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Relationships matter.

Wink Intel

I won’t forget the day that changed my career, while I was working for my first home office. I worked for the #1 seller of indexed life insurance and indexed annuities, in product development. A had just received a directive from the top: I needed to assist other insurance companies in developing indexed insurance products. Wait! WHAT?!? **We were a BIG fish, in a tiny pond.

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Which ESG Topics Get the Most Attention?

People are focusing on how companies are responding to the headline issues of the day, says a report from 3BL Media on evolving interests in ESG subjects, which also found a mismatch between the stories brands publish and topics audiences want. So which emerging sustainability & ESG topics garner more audience attention? Download the guide to find out!