Farmers Insurance Group

Veteran Technology Leader Mark Smith Joins OZ Digital Consulting to Lead Global Insurance Practice

Retrieved on: 
Monday, April 18, 2022

FORT LAUDERDALE, Fla., April 18, 2022 /PRNewswire-PRWeb/ -- OZ Digital Consulting, the global technology and business advisory firm, today announced that Mark B. Smith, an insurance industry technology and operations leader, has joined the firm as President of its Global Insurance Practice. Smith, formerly vice president and senior partner with IBM Consulting, has deep experience in operational transformation and excellence, profitable growth strategies and innovation, technology and IT strategy, and customer and distribution strategies. He brings to OZ more than 35 years of operational and technology experience in the Insurance Industry.

Key Points: 
  • The OZ Global Insurance Practice provides digital strategy and intelligent automation solutions to property and casualty insurance carriers, unlocking massive efficiency, customer satisfaction, and revenue growth opportunities.
  • FORT LAUDERDALE, Fla., April 18, 2022 /PRNewswire-PRWeb/ -- OZ Digital Consulting, the global technology and business advisory firm, today announced that Mark B. Smith, an insurance industry technology and operations leader, has joined the firm as President of its Global Insurance Practice.
  • "Mark has a tremendous track record of delivering high-value technology solutions to his insurance carrier clients," said OZ CEO Amjad Shamim.
  • OZ Digital Consulting is a consulting and technology solutions leader focused on increasing customer engagement and operational excellence by leveraging Intelligent Automation, with a focus on the property and casualty insurance industry.

Farmers Insurance® is named one of the Fortune 100 Best Companies to Work For® in 2022 by Great Place to Work®

Retrieved on: 
Tuesday, April 12, 2022

WOODLAND HILLS, Calif., April 12, 2022 /PRNewswire/ --Great Place to Work and Fortune magazine have honored Farmers Insurance as one of the 100 Best Companies to Work For in 2022, the fourth consecutive year Farmers has been named to the prestigious list.

Key Points: 
  • WOODLAND HILLS, Calif., April 12, 2022 /PRNewswire/ --Great Place to Work and Fortune magazine have honored Farmers Insurance as one of the 100 Best Companies to Work For in 2022, the fourth consecutive year Farmers has been named to the prestigious list.
  • The Fortune 100 Best Companies to Work For award is based on analysis of survey responses from more than 4.5 million current U.S. employees.
  • Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and employee feedback.
  • Great Place to Work is the only company culture award in America that selects winners based on how employees are treated.

Mutual Of Omaha Ranks Highest For Digital User Experience Among Prospective Life Insurance Customers, UserZoom Study Finds

Retrieved on: 
Thursday, April 7, 2022

SAN JOSE, Calif., April 7, 2022 /PRNewswire/ -- UserZoom, the pioneer of the Digital User Experience (UX) Insights category, today announced the findings of its 2022 Life Insurance Digital Experience Study, revealing that Mutual of Omaha ranks highest for digital user experience among prospective life insurance customers. 

Key Points: 
  • It's critical for organizations to provide a trustworthy user experience, particularly so for life insurers when customers are looking to ensure the financial security of loved ones.
  • "We're excited to announce the findings from our first life insurance benchmarking study," said Kuldeep Kelkar, SVP of Global Research, UserZoom.
  • The brands that were scored include: Mutual of Omaha (n=100), Farmers Insurance (n=100), State Farm (n=100), Prudential (n=100), Northwestern Mutual (n=100).
  • With access to attitudinal and behavioral user experience data, UserZoom's 2022 Life Insurance Digital Experience Study is the first study of its kind that measures brand awareness, customer expectations, and website user experience for five of the largest life insurance companies in the United States to learn how their digital experience compares.

Key leadership changes announced at Zurich North America

Retrieved on: 
Monday, March 28, 2022

SCHAUMBURG, Ill., March 28, 2022 /PRNewswire/ -- Zurich North America today announced key leadership changes that will further position the organization to continue providing strong claims services to its customers while deepening its market-leading position with large corporate customers.

Key Points: 
  • Paul Lavelle appointed Head of U.S. National Accounts as Paul Horgan transitions to Senior Advisor to the Zurich NA CEO; Keith Daly joins from Farmers Insurance as Zurich North America Chief Claims Officer
    SCHAUMBURG, Ill., March 28, 2022 /PRNewswire/ -- Zurich North America today announced key leadership changes that will further position the organization to continue providing strong claims services to its customers while deepening its market-leading position with large corporate customers.
  • Paul Horgan will stay on through the next year to serve as Senior Advisor to Zurich North America CEO Kristof Terryn.
  • Lavelle will report to Kristof Terryn, CEO of Zurich North America with dual reporting to Sierra Signorelli, CEO of Commercial Insurance for Zurich Insurance Group.
  • Zurich North America is part of Zurich Insurance Group (Zurich), a leading multi-line insurer serving more than 55 million customers both people and businesses in more than 210 countries and territories.

Erie Insurance Names Partha Srinivasa Executive Vice President and CIO

Retrieved on: 
Wednesday, March 16, 2022

ERIE, Pa., March 16, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Parthasarathy "Partha" Srinivasa has been named the company's next executive vice president and chief information officer (CIO), effective April 4.

Key Points: 
  • Srinivasa will join the company from Verisk Analytics where he serves as SVP, chief data and insurance information officer
    ERIE, Pa., March 16, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced that Parthasarathy "Partha" Srinivasa has been named the company's next executive vice president and chief information officer (CIO), effective April 4.
  • Srinivasa comes to ERIE from Verisk Analytics, one of the world's largest data analytics firms with customers in the insurance, financial services and energy sectors.
  • At Verisk, he served as senior vice president and chief data officer (CDO), responsible for the company's insurance segment data and technology as well as enterprise-wide data and analytics.
  • ERIE President and CEO Tim NeCastro said Srinivasa is a highly respected IT executive with deep experience in the insurance and financial services sector.

The Lab at Filene increases capacity for innovation and accelerates credit union growth

Retrieved on: 
Thursday, March 3, 2022

The Lab at Filene takes the next step in innovation by testing new products and ideas to help credit unions grow and make a positive impact on their members and communities.

Key Points: 
  • The Lab at Filene takes the next step in innovation by testing new products and ideas to help credit unions grow and make a positive impact on their members and communities.
  • Each year, The Lab will work with a group of credit union sponsors and stakeholders to select and execute up to six "quick and nimble" tests identified through Filene's research and extensive credit union network.
  • From there, The Lab will produce actionable insights for credit unions to adopt proven solutions and expand their capacity for innovation.
  • The Lab builds on Filene's 15-year track record of successful innovation and incubation to solidify a more efficient testing platform and engage credit union and fintech partners along the way.

Fenris Expands Growth and Partnership Capacities with New Hires

Retrieved on: 
Thursday, February 24, 2022

RICHMOND, Va., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Fenris Digital (Fenris) , an insurance data and insights provider, is pleased to announce the addition of Jason Wootton as Head of Growth and Kelly Daniels as Director of Strategic Partnerships.

Key Points: 
  • RICHMOND, Va., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Fenris Digital (Fenris) , an insurance data and insights provider, is pleased to announce the addition of Jason Wootton as Head of Growth and Kelly Daniels as Director of Strategic Partnerships.
  • Joining Fenris is the right place for me to be able to drive innovation for clients and enable our insurer partners to get greater data insights and do better business.
  • Im delighted to have Jason and Kelly join us at this time in our growth story, said Jennifer Linton, Founder & CEO of Fenris .
  • And Kellys proven ability to forge growth partnerships while building strong and lasting relationship within the ecosystem plays directly into our growth plans for the next several years.

Farmers National Banc Corp. Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, February 22, 2022

On February 22, 2022, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.16 per share.

Key Points: 
  • On February 22, 2022, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.16 per share.
  • The 45% year-over-year increase in our regular quarterly cash dividend payment reflects our strong financial performance, robust capital position, and the benefits the 2021 Cortland Bancorp acquisition is having on our earnings, said Kevin J. Helmick, President and CEO of Farmers.
  • Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $4.1 billion in banking assets.
  • Farmers National Banc Corp.s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 48 locations in Mahoning, Trumbull, Columbiana, Stark, Summit, Portage, Wayne, Medina, Geauga and Cuyahoga counties in Ohio and Beaver County in Pennsylvania; Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets and Farmers National Insurance, LLC.

Talespin Announces $20M Series C Funding Round, Validates 2015 Company Vision for Learning in the Metaverse

Retrieved on: 
Thursday, February 17, 2022

With immersive learning proven to deliver more engaging and effective learning experiences, enterprises are turning to solutions like Talespin.

Key Points: 
  • With immersive learning proven to deliver more engaging and effective learning experiences, enterprises are turning to solutions like Talespin.
  • Since 2015, Talespin has developed a platform to power the creation and distribution of immersive learning experiences.
  • Talespin uses its platform to support an ecosystem of learning content creators, leading learning platforms, XR hardware partners, and enterprise customers.
  • "Our new funding and investor relationships will help us further scale this platform, and realize our broader company vision for learning in the metaverse."

The Ken Blanchard Companies® Partners with Immersive Learning Leader Talespin on New Trust VR Simulation

Retrieved on: 
Tuesday, February 15, 2022

The modules, which were created using the Talespin platform, will help individuals apply behaviors that create trust in the workplace and show how to repair trust when it's been broken.

Key Points: 
  • The modules, which were created using the Talespin platform, will help individuals apply behaviors that create trust in the workplace and show how to repair trust when it's been broken.
  • Blanchard's Recognizing Trust and Restoring Trust modules, which are part of Building Trust, can be deployed both via desktop streaming and VR/XR head-mounted displays.
  • "We're excited to be partnered with The Ken Blanchard Companies, bringing their world-class leadership content and frameworks to life in XR using our platform."
  • The Ken Blanchard Companies is a global leader in management training, consulting, and coaching.