MIB

MIB Group, Inc. Names Brian Winikoff as President and CEO, Succeeding Lee B. Oliphant

Retrieved on: 
Monday, March 30, 2020

BRAINTREE, Mass., March 30, 2020 /PRNewswire/ --The Board of Directors of MIB Group, Inc. has named Brian Winikoff as President & CEO, effective immediately, to succeed Lee B. Oliphant upon his planned retirement.

Key Points: 
  • BRAINTREE, Mass., March 30, 2020 /PRNewswire/ --The Board of Directors of MIB Group, Inc. has named Brian Winikoff as President & CEO, effective immediately, to succeed Lee B. Oliphant upon his planned retirement.
  • Jim Hohmann, Chairman of the MIB Board said: "After a disciplined and extensive search, the Board is excited that Brian is joining MIB as CEO.
  • Brian is a proven and dynamic industry leader, who has broad experience, perspective and relationships across the financial services industry."
  • MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. For more information, visit www.mibgroup.com .

MIB to Provide Verisk's MVR Indicator to Its 400 Life Insurance Members

Retrieved on: 
Tuesday, November 5, 2019

BRAINTREE, Mass., and JERSEY CITY, N.J., Nov. 5, 2019 /PRNewswire/ -- MIB, the life insurance industry'smost trusted and secure resource for the exchange of life insurance underwriting information, today announced an agreement with Verisk (Nasdaq: VRSK), a leading data analytics provider, to make Verisk's MVR Indicator available to MIB's 400 life insurance members at special pricing.

Key Points: 
  • BRAINTREE, Mass., and JERSEY CITY, N.J., Nov. 5, 2019 /PRNewswire/ -- MIB, the life insurance industry'smost trusted and secure resource for the exchange of life insurance underwriting information, today announced an agreement with Verisk (Nasdaq: VRSK), a leading data analytics provider, to make Verisk's MVR Indicator available to MIB's 400 life insurance members at special pricing.
  • "The MVRIndicator is an important step toward reducing underwriting expenses, eliminating 'empty' MVR reports that do nothing but add needless expense," said Lee Oliphant, MIB Presidentand CEO.
  • "Verisk's partnership with MIB will streamline the life market's access to this crucial information while helping keep costs in check."
  • MIB Group, Inc., a membership corporation, provides services through its whollyowned operating subsidiaries, MIB, Inc.,and MIB Solutions, Inc. For more information, visit www.mibgroup.com .

Verisk Announces Plans to Analyze Structured and Unstructured Electronic Health Data from MIB EHR to Develop New Life Insurance Solutions

Retrieved on: 
Tuesday, September 17, 2019

As part of the effort, Verisk will use a proprietary underwriting model built by Verisk biostatisticians and medical professionals to analyze the structured EHR data MIB passes through to its 400-member life insurers.

Key Points: 
  • As part of the effort, Verisk will use a proprietary underwriting model built by Verisk biostatisticians and medical professionals to analyze the structured EHR data MIB passes through to its 400-member life insurers.
  • Verisk will also deploy natural language processing to uncover insights from complex, unstructured EHR data, such as doctors notes.
  • Consumers understand how sharing electronic health records can make it easier to buy life insurance, said Stacy Gill, EVP of MIB Group, Inc.
  • To develop high-performing models for assessing risks, you need robust and reliable data, said Nick Irwin, director of life insurance solutions at Verisk.

Prysmian Wins Viking Link Project Valued at Close to €700M

Retrieved on: 
Wednesday, July 24, 2019

Theoffshore cableoperationswill be performed usingPrysmian's new cutting-edge installation vessel, which willbe the most capable in the market.

Key Points: 
  • Theoffshore cableoperationswill be performed usingPrysmian's new cutting-edge installation vessel, which willbe the most capable in the market.
  • With an investment in excess of 170 million, this strategic asset will reinforce Prysmian's approach as a one-stop-shop solution provider, able to offer enhanced project flexibilitythanks to its advanced features.
  • Prysmian Group is world leader in the energy and telecom cable systems industry.
  • Prysmian is a public company, listed on the Italian Stock Exchange in the FTSE MIB index.

MIB Elects a New Chairman, Vice Chairman and Two New Directors to its Board

Retrieved on: 
Friday, May 17, 2019

Fosbury, President and Chief Executive Officer of Columbian Mutual Life Insurance Company will begin his service as Vice Chairman.

Key Points: 
  • Fosbury, President and Chief Executive Officer of Columbian Mutual Life Insurance Company will begin his service as Vice Chairman.
  • Reelected to a second three-year term on the MIB Board is Dean Del Vecchio, Executive Vice President, Chief of Operations and Chief Information Officer for The Guardian Life Insurance Company of America.
  • I am pleased that he will remain an officer of the MIB Board by serving as Immediate Past Chair."
  • MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. For more information, visit www.mibgroup.com .

TAI and MIB Partner to Tackle Major Challenges in the Life Insurance Industry

Retrieved on: 
Tuesday, May 14, 2019

and ORLAND PARK, Ill., May 14, 2019 /PRNewswire/ --MIB Group, Inc. (MIB), the life and health insurance industry's most trusted and secure resource for data-driven risk management services, is conducting a joint exploration with Tindall Associates, Inc. (TAI) the premier reinsurance administration software in use in the U.S., to produce solutions to address major challenges in the life insurance industry.

Key Points: 
  • and ORLAND PARK, Ill., May 14, 2019 /PRNewswire/ --MIB Group, Inc. (MIB), the life and health insurance industry's most trusted and secure resource for data-driven risk management services, is conducting a joint exploration with Tindall Associates, Inc. (TAI) the premier reinsurance administration software in use in the U.S., to produce solutions to address major challenges in the life insurance industry.
  • Currently, MIB and TAI are developing data solutions to address several long-standing industry problems.
  • "Since our founding we have been dedicated to developing software that further benefits the insurance industry," said Tom Freitas, TAI CEO.
  • "By partnering with MIB, we will be able to create more powerful solutions that will address key pain points for insurance carriers and customers."

MIB Signs Veradigm™ as a Source of Electronic Health Record Information for the MIB EHR Data Platform

Retrieved on: 
Monday, February 11, 2019

Under this agreement, MIB EHR will access electronic health record (EHR) data via Veradigm's eChart CourierTMservice for use in life insurance underwriting by MIB's 400 U.S. life insurance members.

Key Points: 
  • Under this agreement, MIB EHR will access electronic health record (EHR) data via Veradigm's eChart CourierTMservice for use in life insurance underwriting by MIB's 400 U.S. life insurance members.
  • MIB EHR will use Veradigm eChart Courier to provide life insurers with electronic health records, when authorized by the individual applying for the insurance policy.
  • "Both MIB and Veradigm share a similar commitment to improving efficiency and streamlining processes using high-speed, electronic clinical data.
  • MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. MIB EHR is provided by MIB, Inc. For more information, visit www.mibgroup.com/ehr .

M.I.B Agents to Begin Monthly, Online Auction Fundraiser to Benefit Kids With Osteosarcoma, Bone Cancer

Retrieved on: 
Thursday, September 6, 2018

For each auction, bidders can select among seven, high-end, items donated by benefactors of M.I.B Agents.

Key Points: 
  • For each auction, bidders can select among seven, high-end, items donated by benefactors of M.I.B Agents.
  • "Our goal is to promote excitement and more exposure for our M.I.B Agents' mission," explained Ann Graham, president and founder, M.I.B Agents.
  • M.I.B Agents is a nationwide 501c3 non-profit organization dedicated to Making It Better for kids with Osteosarcoma, bone cancer.
  • Agents is a nationwide 501(c)(3) non-profit organization dedicated to the mission to Make It Better for children with osteosarcoma, bone cancer.

U.S. Life Insurance Activity Near Par Q2 2018 YTD Reports the MIB Life Index

Retrieved on: 
Wednesday, July 18, 2018

This anomaly caused March's Y/Y and YTD percent change to be artificially high, and similarly April's percent changes to be artificially low due to how business days impact the MIB Life Index calculations.

Key Points: 
  • This anomaly caused March's Y/Y and YTD percent change to be artificially high, and similarly April's percent changes to be artificially low due to how business days impact the MIB Life Index calculations.
  • The MIB Life Index is the life insurance industry's timeliest measure of application activity in the United States.
  • Released to the media each month, the Index is based on the number of searches MIB life member company underwriters perform on the MIB Checking Service database.
  • Since over 90% of life insurance applications in North America include an MIB search, as a routine underwriting requirement, the MIB Life Index provides a reasonable means to estimate new business activity.

MIB Elects a New Chairman, Vice Chairman and Four New Directors to its Board

Retrieved on: 
Friday, May 18, 2018

Newly elected to three-year terms on the MIB Board of Directors this May are Mary J. Bahna-Nolan, Executive Vice President and Head of Life R&D for SCOR Global Life; Michael C.S.

Key Points: 
  • Newly elected to three-year terms on the MIB Board of Directors this May are Mary J. Bahna-Nolan, Executive Vice President and Head of Life R&D for SCOR Global Life; Michael C.S.
  • "I would also like to thank our outgoing Chairman Art Roberts for his leadership and passion for excellence during his tenure.
  • Mr. Acselrod joined the MIB Board in 2016 and will serve as its new Chairman, 2018-2019.
  • MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. For more information, visit www.mibgroup.com .