Mon.Sep 18, 2023

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The ‘Great Retraining’: IT upskills for the future

CIO

Maggie Chavarin is no stranger to reinventing her career. She joined Synchrony more than a decade ago in a Merchants Services role that allowed her to be a work-from-home mom. When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

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Data Marketplace, Data Catalog, and Data Sharing Agreements: Let’s Make It Clear

Dataversity

As some of you already know, I am dedicating these summer days to the writing of my new book, “99 Questions About Data Management,” which follows in some way the book “20 Things You Have to Know About Data Management.” After the many questions I have received, I find it interesting to answer this one: […] The post Data Marketplace, Data Catalog, and Data Sharing Agreements: Let’s Make It Clear appeared first on DATAVERSITY.

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Verizon accelerates 5G rollouts with automation platform

CIO

For consumers and enterprises alike, 5G offers the tantalizing promise of faster speeds, lower latency, and greater possibilities for unlocking the power of edge computing — but only if your devices can connect. To that end, New York-based telecom giant Verizon has developed a platform for migrating millions of customers to its next-generation networks such as 5G, Cloud Connectivity, and Fixed Wireless Access — with minimal disruption.

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Data Governance in the Age of Generative AI

Dataversity

AI-based business models and products that use generative AI (GenAI) are proliferating across a wide range of industries. The current wave of AI is creating new ways of working, and research suggests that business leaders feel optimistic about the potential for measurable productivity and customer service improvements, as well as transformations in the way that […] The post Data Governance in the Age of Generative AI appeared first on DATAVERSITY.

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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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Out of the Darkness

Wink Intel

Yesterday was an emotionally exhausting day. I participated in the American Foundation for Suicide Prevention ’s central Iowa Out of the Darkness walk. This walk is intended to raise money for suicide prevention. I have walked every year since my son killed himself. Usually, I am overcome with sadness because of the loss of my firstborn. Yesterday was different.

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We Need Help Growing Life Insurance Distribution: REPRINT #LIAM

Wink Intel

Originally posted February 5, 2011 by Sheryl J. Moore Most of you know that I am passionate about indexed life insurance and indexed annuities. However, I am passionate about insurance products in general. In fact, one of the things that I am MOST passionate about is growing our distribution! Not so long ago, life insurance and annuities were distributed via a career agent distribution.

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5 things you need to get right to achieve library software migration success

Vable

For library and information professionals, platform migrations are not just about transitioning from one system to another; they represent an investment in the future of the service. As organisations expand and technology progresses, they need improved systems; enhanced features, increased efficiency, and fit to meet evolving business needs.

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FUNDING UNIVERSAL LIFE INSURANCE AT TARGET? YOU’RE MISSING THE POINT: REPRINT #LIAM

Wink Intel

The following article is a reprint, originally written July 15, 2013 by Sheryl J. Moore: Throughout the past [20] years of working with universal life (UL) products, one comment in particular has been overheard far too often: “…fund this UL at [X percent] over target.” This comment is especially popular in the indexed life market, where the product may be new to producers, and a lack of product knowledge may run rampant.

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How to Build Data Analytics Using LLMs in Under 5 Minutes

GoodData

Unlock Data Analytics in under 5 Mins: Revolutionizing with LLMs for Efficiency, Scalability, and Productivity.

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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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Oracle updates Fusion Cloud suites to aid healthcare firms

CIO

Oracle has updated several applications within its various Fusion Cloud suites in order to align them toward supporting use cases for its healthcare enterprise customers. These updates, which include changes to multiple applications within its Enterprise Resource Planning (ERP), Human Capital Management (HCM), Enterprise Performance Management (EPM), and Supply Chain and manufacturing (SCM) Fusion Clouds, are expected to help healthcare enterprises unify operations and improve patient care, Orac

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Annuity Constraints Can Be the Client’s Friend

Wink Intel

Keeping something like the current annuity surrender charge system could work better for many clients than trying to develop new contracts without any restrictions on what clients do with their money. Mike Reidy, head of RIA distribution at Security Benefit, included that suggestion in a recent email interview. One question was about the ultimate outcome of current efforts to develop contracts that lock up clients’ assets for shorter and shorter periods.

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Inside Intermax’s ambitious journey to be a sustainable cloud leader

CIO

A fleet of green data centers and a well-advanced plan to stop using fossil-fuel powered vehicles are among the key steps driving Intermax’s mission to be the most sustainable cloud services provider in the Netherlands. Ludo Baauw – founder, corporate social responsibility lead and CEO of Intermax Group, sees firsthand the direct impact that sustainability initiatives have on the environment and biodiversity.

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Life Happens celebrates 20th Life Insurance Awareness Month with a focus on single parents

Wink Intel

Washington, D.C. — Life Happens, a national nonprofit committed to educating people about the importance of life insurance, is celebrating the 20th anniversary of Life Insurance Awareness Month this September. This annual initiative helps people understand the key role life insurance plays in a financially secure future and that it is both affordable and easy to get for most.

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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

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LIMRA: Record number of Americans plan to purchase life insurance

Wink Intel

The life insurance story in the United States is some good news offset by a little bit of bad news. First, the bad news: Just 52% of U.S. adults report having life insurance, down from 63% in 2011, LIMRA reported. On the plus side, a record-high number of Americans (39%) say they plan to purchase life insurance this year. There was more good news than bad, according to new LIMRA data.

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John Hancock steps up redefining life insurance with ‘Longevity Symposium’

Wink Intel

BOSTON – Beginning in 2018, John Hancock turned life insurance on its head by making the act of buying life insurance as much about living a longer and healthier life as about preparing for death. Yesterday, the company, a unit of Toronto-based Manulife, took yet another step on this journey, hosting its first Longevity Symposium in its headquarters city of Boston.

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DOL fiduciary rule likely to tinker with popular exemption, analysts say

Wink Intel

In a world where regulations and rules come and go at a dizzying pace, Prohibited Transaction Exemption 84-24 achieved legendary status in the life insurance and annuity space. Created in 1977 and amended several times over the years, PTE 84-24 allows producers to receive commissions when retirement plans and IRAs purchase insurance and annuity contracts.

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NC regulators release $1.2B from former Lindberg insurers in receivership

Wink Intel

North Carolina regulators are releasing funds to long-suffering policyholders who own life insurance and annuities with insurers formerly controlled by Greg Lindberg. The insurers are now in receivership as regulators and investigators continue to unravel Lindberg’s complex web of companies and investments. Lindberg faces several counts of fraud and attempted bribery of North Carolina Insurance Commissioner Mike Causey.

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How to Stay Competitive in the Evolving State of Martech

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

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Be leery of high illustrated returns.

Wink Intel

Reading a class action lawsuit filing and came across a point that I have made in the past. “If buying options [on indexed insurance products] is so incredibly profitable…then why doesn’t everyone do it and why aren’t life insurers employing this strategy to generate higher returns in their own general accounts?” **Be leery of high illustrated returns.

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Salt Financial and Nasdaq Expand Nasdaq-100 Volatility Control Indexes Suite for Insurance Companies: An Alternative for Fixed Index Annuities

Wink Intel

GREENWICH, Conn. , Sept. 18, 2023 /PRNewswire/ — Salt Financial and Nasdaq, Inc. are proud to announce the launch of the Nasdaq-100 Volatility Control Indexes, designed exclusively for insurance companies. This suite expands the existing offering to include additional volatility targets to help solidify its position as a versatile solution for insurance companies looking to offer access to the popular Nasdaq-100 Index® as a volatility-controlled crediting option in their Fixed Index Annu

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Does Life Insurance Cover Suicide?

Wink Intel

Along with the profound and painful questions that follow the loss of a loved one from suicide, there are practical and financial issues to address, too. If the loved one had life insurance, a common question is whether the policy will still cover the death. In general, there is coverage if your loved one: Had group life insurance through work. Had military life insurance.

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Sound Investments: 31 rap/R&B songs about money and wealth

Wink Intel

In the immortal words of legendary rapper, actor and Future Proof Festival headliner Method Man, “cash rules everything around me.” To close out the summer with a bang — and plenty of head nods — the staff of Financial Planning has spent some of September crafting our inaugural “Sound Investments” playlist series. Released every Friday of the month, the series gives financial advisors Click HERE to read the full story via Financial planning The post Sound Investments

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What Questions Are Brands Asking About Their ESG Initiatives Ahead of 2024?

Temperatures are rising (and not just metaphorically) as key stakeholders anxiously anticipate the outcomes of COP28. While companies reconsider their 2024 environmental sustainability strategies, there is another aspect of ESG that deserves exploring, the social sector. In the latest edition of "Navigating ESG Comms Through the Cosmos - Sagittarius Edition", 3BL hones in on this sign’s bold quality of asking questions others are burning to know the answers to.

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“Insurancism”

Wink Intel

In the InsuranceNewsNet article below, John Hilton accurately cites me as saying: “We [insurance experts] deserve parity with financial professionals,” MRG said. “We deserve ‘insurance advisement’ as an additional regulatory frame that could be used just as financial professionals may hold both a brokerage [noun-sale] and advisement [verb-sale] affiliation.” The post “Insurancism” appeared first on Wink.

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Overall takeaway: buffer strategies offer more risk, but greater potential for returns.

Wink Intel

My one and only PGIM homey- David Blanchett , is all over my LinkedIn! This time, he is discussing structured annuities (a.k.a. RILAs). Click HERE to read RILAs: Buffers are still much better than floors Now remember- with a structured annuity that has a floor on losses, “the downside is limited to a stated percentage, such as 10%. For example, if the floor is 10%…you can’t lose more than 10% regardless of the return of the underlying index.” Alternatively, on a structured ann

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Does low knowledge of annuities help explain low adoption among advisors?

Wink Intel

As advisors’ knowledge about annuities increases, so does their perception of these products. Click HERE to read the full story via InvestmentNews Wink’s Moore on the Market: My buddy David Blanchett is dropping some annuity knowledge this morning. Recent research indicates “advisors with low knowledge of annuities don’t think there is interest and therefore demand for annuities from clients, while the data show there is.” YES!!

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Sammons Financial Group Employees Deliver $175,000 to Area Charities

Wink Intel

WEST DES MOINES, Iowa–( BUSINESS WIRE )– Sammons ® Financial Group, Inc. announced the results of its annual Community Outreach Program. The initiative, started in 2018, empowers employees to nominate their favorite local charities each spring. The employees who choose to make nominations are then given the opportunity to educate their coworkers on the mission of the organization and why they are passionate about it.

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

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.

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Senior Market Sales® Adds EMG Insurance Brokerage to Growing Network of Health and Wealth Companies

Wink Intel

OMAHA, Neb. , Sept. 12, 2023 /PRNewswire/ — Senior Market Sales ® (SMS), one of the industry’s premier insurance marketing organizations (IMOs), has acquired EMG Insurance Brokerage, one of the oldest and most well-respected IMOs in the country. SMS President Jim Summers touted the new partnership as a major win for SMS and parent company Alliant Insurance Services as they build a network of companies that work together to grow, spark industry innovation and impact advisorsR

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Northwestern Mutual Research Shows that Nearly Half of American Millionaires Believe Their Financial Plans Need Improvement, and a Third Think They Could Outlive Their Savings

Wink Intel

MILWAUKEE , Sept. 12, 2023 /PRNewswire/ — Wealthy Americans don’t sit back and assume they have nothing to be concerned about financially, according to the latest findings from Northwestern Mutual’s 2023 Planning & Progress Study. U.S. adults aged 18+ with more than $1 million in investable assets are active, disciplined long-term planners who take very little for granted: nearly half (47%) say their financial planning still needs improvement, and a third (33%) think i

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Invictus Marketing Solutions Joins Integrity to Offer Industry-Leading Technology Solutions for Agents

Wink Intel

Leading IMO partners with Integrity to create greater efficiencies for agents and utilize full-stack insurtech platform to accelerate growth DALLAS , Sept. 14, 2023 /PRNewswire/ — Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Invictus Marketing Solutions (“Invictus”), a leading independent marketing organi