(The Phoenix Companies’ building in Hartford. Image courtesy of The Phoenix Companies.) The Phoenix Companies, a Hartford-based life and annuities company, has promoted Jody A. Beresin to executive vice president and chief administrative officer with her assumption of responsibility for the company’s Information Technology department. John Presch continues to hold the CIO title, reporting to Read More »
The deal marks Nassau’s first life insurance acquisition, which will become its U.S. life and annuity platform for future growth.
The Hartford-based L&A carrier is now using the vendor’s flagship products, ForeSight and FireLight to illustrate and process whole life, term life and annuities.
John Presch, CIO, The Phoenix Companies, discusses the market forces and technology improvements driving increased adoption of e-app, e-signature, automated underwriting and other improvements in life insurance distribution.
Shifting demands on the part of annuity professionals and their customers require responsive changes in carrier technology supporting both distribution channels and back-end systems.
O’Connell will be responsible for overall leadership and direction for enterprise risk management and will report to president and CEO James D. Wehr.
Life & Annuity companies need to rebound after the 2008 financial crisis; they’re doing so with help from technology-driven product development and illustration, and new business technologies including e-application, automated underwriting and e-signature.
Welcome to the second issue of Insurance Innovation Reporter. In this issue we present feature stories, company profiles and industry commentary on technologies and business strategies that are reshaping the new business process in the life & annuities business.
The vendor helped the insurer increase revenues from their traveler’s health insurance by over 20 percent and reduce medical visit claim costs by 14 percent during the first half of 2019.
Ziegler will be responsible for overseeing business operations, procedures and efficiency to support CopperPoint and its agency/broker partners.