Annuity

Mobile Industry Deploys Open Network APIs and Prepares for New Era of Digital Services and Mobile Apps

Retrieved on: 
Monday, February 27, 2023

BARCELONA, Spain, Feb. 27, 2023 /PRNewswire/ -- The GSMA today announces a new industry-wide initiative called GSMA Open Gateway, a framework of universal network Application Programmable Interfaces (APIs), designed to provide universal access to operator networks for developers. Launched with the support of 21 mobile network operators, the move represents a paradigm shift in the way the telecoms industry designs and delivers services in an API economy world.

Key Points: 
  • GSMA Open Gateway has already started to harmonise the industry around open APIs, with many demonstrations available to see at MWC Barcelona 2023.
  • GSMA Open Gateway APIs are defined, developed and published in CAMARA, the open source project for developers to access enhanced network capabilities, driven by the Linux Foundation in collaboration with the GSMA.
  • And now, by federating open network APIs and applying the roaming concept of interoperability, mobile operators and cloud services will be truly integrated to enable a new world of opportunity.
  • This is achieved via common, northbound service APIs that simply expose mobile operators' network capabilities within a consistent, interoperable and federated framework.

New Report Finds Lincoln Financial Group Is Most Recognized Annuity Provider Among Advisors

Retrieved on: 
Wednesday, February 22, 2023

LIVONIA, Mich., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Lincoln Financial Group is now the most widely recognized annuity provider among all financial professionals as well as all annuity producers according to a new Cogent Syndicated report from top human behavior and analytics advisory firm, Escalent.

Key Points: 
  • LIVONIA, Mich., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Lincoln Financial Group is now the most widely recognized annuity provider among all financial professionals as well as all annuity producers according to a new Cogent Syndicated report from top human behavior and analytics advisory firm, Escalent.
  • Lincoln Financial Group also earns the highest marks for exemplifying financial stability, fostering perceptions of trust and inspiring confidence.
  • The report reveals that when it comes to considering an annuity provider, advisors seek simple products that are easy to sell and explain to clients.
  • “Lincoln Financial is honored to be named the most trusted and preferred annuity provider among financial professionals and annuity producers,” said Tim Seifert, SVP, Head of Retirement Solutions Distribution.

HSBC Continental Europe(1) 2022 Annual and Second Half Results

Retrieved on: 
Tuesday, February 21, 2023

On 20 February 2023, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial statements for 2022.

Key Points: 
  • On 20 February 2023, HSBC Continental Europe’s Board of Directors reviewed the second half year results and approved the bank’s consolidated financial statements for 2022.
  • In support of this strategy, we finalised the acquisition of HSBC Germany and HSBC Malta2 in November 2022.
  • On 30 November 2022, HSBC Continental Europe completed the change of control transactions for HSBC Germany and HSBC Malta which became subsidiaries of HSBC Continental Europe from that date.
  • HSBC Continental Europe transferred its Private Banking business in France to HSBC Private Bank (Luxembourg) SA on 1 October 2022.

Sapiens Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, February 21, 2023

Sapiens believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Sapiens' financial condition and results of operations.

Key Points: 
  • Sapiens believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Sapiens' financial condition and results of operations.
  • These measures are used in financial reports prepared for management and in quarterly financial reports presented to the Company's board of directors.
  • Sapiens urges investors to review the reconciliation of its non-GAAP financial measures to the comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate the Company's business.
  • Reconciliation tables of the most comparable GAAP financial measures to the non-GAAP financial measures used in this press release are included with the financial tables of this release.

Ebix Hosts its Largest Customer Conference Beginning Today

Retrieved on: 
Tuesday, February 21, 2023

JOHNS CREEK, Ga., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: “Ebix”), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it is hosting its largest North American customer conference in a decade, in Orlando, Florida, beginning today.

Key Points: 
  • JOHNS CREEK, Ga., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: “Ebix”), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, announced that it is hosting its largest North American customer conference in a decade, in Orlando, Florida, beginning today.
  • The 3-day customer and user group conference is being attended amongst others, by representatives from top life and health insurance companies, leading banks, financial institutions, top industry distributors, Third Party Administrators, and a host of industry partners.
  • Attendees also include over 50 Ebix North America executives, who will present and unveil product updates and future roadmaps, targeted at taking the insurance industry forward in terms of efficiency and growth.
  • “I am pleased to say today that the success we saw in 2022 is continuing into 2023.

Juniper Research: Future Digital Award Winners Announced for Telco Innovation 2023

Retrieved on: 
Wednesday, January 25, 2023

It’s a real honour to see our innovation in 5G recognised amongst such good company.” – Sherif Bakir, CEO, Vodafone Roaming Services

Key Points: 
  • It’s a real honour to see our innovation in 5G recognised amongst such good company.” – Sherif Bakir, CEO, Vodafone Roaming Services
    “Bango has a strong track record of innovation, pioneering browse-and-buy mobile payments, mobile app store payments, and telco bundling for digital subscription services.
  • Infobip Wins Platinum for RCS, Gold for Flash Call Authentication
    “Infobip is honoured to receive Juniper Research Future Digital Awards for our RCS and flash call fraud prevention solutions.
  • Thank you, Juniper Research, for our collaboration, confidence and trust in VOX Solutions.” – Ehsan Ahmadi, CEO & Founder at VOX Solutions.
  • Juniper Research provides research and analytical services to the global hi-tech communications sector; providing consultancy, analyst reports and industry commentary.

National Life Group Joins The Ensight™ Marketplace Platform

Retrieved on: 
Monday, December 12, 2022

SAN DIEGO, Dec. 12, 2022 /PRNewswire-PRWeb/ -- Ensight, the leading life, long-term care (LTC) and annuity digital sales acceleration platform for insurance carriers, distributors and financial professionals, today announced a new partnership with National Life Group. This partnership brings the addition of National Life's IUL product suite onto Ensight's digital marketplace for national distributors, broker-dealers, BGAs, IMOs, FMOs, RIAs and tens of thousands of financial professionals.

Key Points: 
  • National Life Group's life products are now available on Ensight's Life, LTC & Annuity insurtech platform, which digitally transforms the entire sales lifecycle experience
    SAN DIEGO, Dec. 12, 2022 /PRNewswire-PRWeb/ -- Ensight , the leading life, long-term care (LTC) and annuity digital sales acceleration platform for insurance carriers, distributors and financial professionals, today announced a new partnership with National Life Group.
  • National Life offers life insurance with living benefits life insurance you don't have to die to use.
  • National Life is also at the forefront in serving its policyholders and agents through technology, implementing automated underwriting and digital-first marketing, along with its partnership with Ensight.
  • Learn more at http://www.NationalLife.com
    National Life Group is a trade name of National Life Insurance Company, founded in Montpelier, VT, in 1848, Life Insurance Company of the Southwest, Addison, Texas, chartered in 1955, and their affiliates.

Steve Verney elected to Ohio National Board

Retrieved on: 
Monday, November 28, 2022

CINCINNATI, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Constellation Insurance, Inc. (Constellation) is pleased to announce the election of Steven C. Verney, distinguished insurance and financial services veteran, to the Boards of Directors of certain subsidiary insurance companies, including The Ohio National Life Insurance Company, Ohio National Life Assurance Corporation and National Security Life and Annuity Co. (collectively, Ohio National).

Key Points: 
  • CINCINNATI, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Constellation Insurance, Inc. (Constellation) is pleased to announce the election of Steven C. Verney, distinguished insurance and financial services veteran, to the Boards of Directors of certain subsidiary insurance companies, including The Ohio National Life Insurance Company, Ohio National Life Assurance Corporation and National Security Life and Annuity Co. (collectively, Ohio National).
  • Steve also currently serves on the Board of Directors of National Auto Care.
  • I look forward to working closely with the Ohio National Board and management in guiding these impressive companies through a pivotal time and helping them accomplish greater success in the future, commented Verney.
  • Constellation Insurance, Inc., (Constellation) is a leading insurance holding company serving consumers and small business owners in United States and Latin America through its insurance subsidiaries, which include The Ohio National Life Insurance Company, Ohio National Life Assurance Corporation, National Security Life and Annuity Company and certain other affiliated (re)insurance entities in Latin America and Cayman Islands.

Corebridge Financial Introduces Dimensional Index Designed Exclusively for The Power Series of Index Annuities

Retrieved on: 
Thursday, November 17, 2022

Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridges family of fixed index annuities.

Key Points: 
  • Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridges family of fixed index annuities.
  • Our distribution partners count on Corebridge Financial to be at their side, inspiring action to move financial futures forward, said Bryan Pinsky, President, Individual Retirement, Corebridge Financial.
  • The new Dimensional US Foundations Index furthers our commitment to designing research-based solutions to solve for retirement savers complex range of financial needs.
  • The Power Series of Index Annuities are issued by American General Life Insurance Company (AGL), a subsidiary of Corebridge Financial, Inc., formerly known as AIG Life & Retirement.

Simplicity Group Expands Proprietary IUL Sales Platform Offering in Partnership with Ensight™

Retrieved on: 
Tuesday, November 8, 2022

SUMMIT, N.J., Nov. 8, 2022 /PRNewswire/ -- The Simplicity Group ("Simplicity") today announced the launch of an expanded Indexed Universal Life ("IUL") digital sales platform, developed in partnership with Ensight™.  Simplicity's enhanced planning platform represents a new standard for digital sales enablement of IUL and is demonstrable example of Simplicity's unrivalled commitment to advancing the sales of life insurance through education and technology.

Key Points: 
  • SUMMIT, N.J., Nov. 8, 2022 /PRNewswire/ -- The Simplicity Group ("Simplicity") today announced the launch of an expanded Indexed Universal Life ("IUL") digital sales platform, developed in partnership with Ensight.
  • "Simplicity's new proprietary IUL sales platform simplifies the pre-sales policy design process, transforms client education, and enhances planning discussions.
  • "Simplicity is at the very forefront of transforming the IUL sales experience in U.S. life distribution today, continuously setting a new sales enablement standard in the market," said Bill Unrue, CEO, Ensight.
  • To learn more about Ensight and its digital sales acceleration platform, please visit: www.ensightcloud.com .