Dataversity

MARCH 20, 2023

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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CIO

MARCH 20, 2023

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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Intelligence Node

MARCH 20, 2023

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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CIO

MARCH 20, 2023

Amazon will fire about 9,000 more workers from several business units, including AWS, in the coming weeks, according to a statement released today by company CEO Andy Jassy. The announcement comes two months after Amazon unveiled plans to lay off 18,000 employees. In his official statement, Jassy said that most of the layoffs in this second round will affect employees at AWS, PXT (People Experience and Technology, the company’s HR arm), Advertising, and Twitch, the popular livestreaming service

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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.

IT

ATTEST

MARCH 20, 2023

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).

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Weidert Group

MARCH 20, 2023

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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Domo

MARCH 20, 2023

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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Dataversity

MARCH 20, 2023

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?

Security 52

Security Security Management IT 52

Domo

MARCH 20, 2023

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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Competitive

Wink Intel

MARCH 20, 2023

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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Banking Globalization Marketing Marketing 40

Domo

MARCH 20, 2023

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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Benchmarking Information Business IT 52

Wink Intel

MARCH 20, 2023

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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Domo

MARCH 20, 2023

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

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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

Security

Wink Intel

MARCH 20, 2023

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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CIO

MARCH 20, 2023

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

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Wink Intel

MARCH 20, 2023

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

Research 40

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CIO

MARCH 20, 2023

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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Globalization Retail Data Mining Finance 467

Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

Competitive

Wink Intel

MARCH 20, 2023

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

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Loss Profiling Management IT 40

Netbasequid

MARCH 20, 2023

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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Wink Intel

MARCH 20, 2023

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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Wink Intel

MARCH 20, 2023

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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Business

Wink Intel

MARCH 20, 2023

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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Marketing Marketing 40

Wink Intel

MARCH 20, 2023

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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Wink Intel

MARCH 20, 2023

For nearly all lines of business, the average annuity premium is smaller, but the number of apps received is larger. More, smaller annuity cases were submitted in 4Q2022. Join in the conversation over on LinkedIn! -sjm The post WHAT DOES IT MEAN?! appeared first on Wink.

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Wink Intel

MARCH 20, 2023

Nice to see insurance companies enhancing their Guaranteed Lifetime Withdrawal Benefits (GLWBs) on their indexed annuities! The following companies have all made improvement to their offerings, since the first of the year (most recent changes, appearing at top): – PRUCO LIFE INS CO , – Protective Life , – Integrity Life Insurance Co , – Jackson , – Allianz Life – Midland National Life Insurance Company , – North American Company for Life and Healt

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Advertiser: ZoomInfo

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

Marketing

Wink Intel

MARCH 20, 2023

For life and annuity advisors, the current financial storm raises a new question: What if U.S. life insurers continue to do well, but the firms that produce some of the indexes inside indexed life and annuity products go away? Credit Suisse, for example, has been producing the Credit Suisse Momentum Index, a global, multi-asset index that’s used in some individual indexed annuities.

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Wink Intel

MARCH 20, 2023

Editor’s note: This story has been updated to reflect the final price of the UBS-Credit Suisse transaction, which is roughly $1.3 billion higher than what was initially reported Sunday by Bloomberg and other sources.] UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global financial markets.

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Wink Intel

MARCH 20, 2023

Consumers are flocking to annuities. And that’s expected to continue as recession fears linger, according to an executive at Athene, an insurance company based in West Des Moines, Iowa. “People are a little fearful of keeping their money in equities and having all that risk exposure, and buying annuities is absolutely a way to take some of that risk off the table,” said Adam Politzer, chief product officer at Athene.

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