The increase in face amount from $2 million to $3 million is a strategic move to better serve customers who go to Haven Life to secure affordable coverage from MassMutual.
The vendor will perform an overhaul of the fraternal society’s legacy systems, including implementing L&A products onto the Oracle Insurance Policy Administration system (OIPA).
The vendor is winning clients for its consolidated investment reporting platform for account aggregation, data management, performance calculation, and investment reporting.
The company says the three brands are actively working on products that will premiere as part of what Bestow characterizes as its full stack, digital platform.
The expanded partnership seeks to use SE2’s Aurum platform as the foundation of an integrated solution for legacy blocks and dramatically reduce time to market for introducing new products.
The deal will make Anbang one of the largest insurers in the U.S. by market share of fixed indexed annuities.
Observers of John Hancock’s innovative program have focused on data collection, but Vitality shows how the Internet of Things supports the future of the life insurance customer relationship as a high-touch partnership of shared interest in the policyholder’s well-being.
Insseco has an established presence in the Polish insurance market and has a team of 140 insurance professional with domain expertise in both life and pension and P&C insurance.
The Standard, which like Meiji Yasudi is a leader in life and group benefits, will become the Japanese company’s primary U.S. presence and partner, operating under The Standard brand within Meiji Yasuda’s global structure.
Greteman will leave his current position as senior VP of Nationwide’s commercial business to start his enterprise CIO job at FBL Financial Group on Jan. 19, 2015.