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Lincoln Financial Group Appoints Brian Kroll as EVP, Head of Retail Life and Annuity Solutions

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星期三, 五月 15, 2024

Banking, Professional Services, Insurance, Finance, SunLife, Life, ACLI, Strategic planning, International Association, Lincoln National Corporation, Annuity, EVP, LNC, MetLife, Manulife, Multimedia, Management

Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024.

Key Points:

Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024.
He will be responsible for all aspects of the company’s Life Insurance and Annuity businesses, including product manufacturing, underwriting, new business, inforce operations and strategic planning.
View the full release here: https://www.businesswire.com/news/home/20240515629295/en/
Brian Kroll, EVP, Head of Retail Life and Annuity Solutions, Lincoln Financial Group (Photo: Business Wire)
“In our at-scale Life and Annuity businesses, we continue to focus on increasing profitable growth as we realign our product mix to achieve more stable cash flows and higher risk-adjusted returns,” said Cooper.
“I’m excited to return to this great organization to drive execution of the strategic realignment of Lincoln’s Life and Annuity businesses,” said Kroll.

TruStage Enhances Zone Income Annuity Product with Greater Flexibility

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星期三, 五月 8, 2024

Annuity, Insurance, Barclays, Dimension, CUNA Mutual Group, United States Treasury security, Growth, Life insurance

MADISON, Wis., May 8, 2024 /PRNewswire/ -- TruStage™, an insurance, investment and technology provider, focused on making brighter financial futures accessible for all, today announced enhancements to its Zone Income Annuity underwritten by MEMBERS Life Insurance Company. The changes help allow TruStage to better meet modern client expectations for customized investment and income options.

Key Points:

Clients will also be able to withdraw any amount up to the full lifetime income payment, to help accommodate individual income needs.
The new index offerings for TruStage's Zone Income annuity include the Dimensional US Small Cap Value Systematic Index and the Barclays Risk Balanced Index.
With these enhancements to our Zone Income annuity, investors will be better able to adapt the product to a variety of lifestyle considerations and income needs," said Dave Hanzlik, Vice President of Annuity & Retirement Solutions.
For more information on Zone Income or any of TruStage annuities, please contact the TruStage Annuities sales desk at 877.345.GROW (4769) or visit www.trustage.com/annuities .

Soft Space First In The World To Deploy Live MPoC-Certified Solution

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星期三, 三月 13, 2024

Payment card industry, Conservative Party of Canada, PIN, Algorithm, Function as a service, Annuity, BHD, Visa, Space, VISA, Point of sale, Mastercard, Commercial, Certification, News, Finance, PCI

As a result of this, Fass Payment Solution Sdn Bhd (“Fasspay”), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.

Key Points:

As a result of this, Fass Payment Solution Sdn Bhd (“Fasspay”), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.
Solution providers that only have partial certifications will still require end-to-end certification to launch a complete live solution.
Rather than taking a piecemeal approach, Soft Space chose to focus on achieving a complete MPoC Solution certification.
Against this scenario, Soft Space has distinguished itself as the first SoftPOS provider in the world to achieve end-to-end certification.

Soft Space First in the World to Deploy Live MPoC-Certified Solution

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星期二, 二月 27, 2024

Payment card industry, Conservative Party of Canada, PIN, Algorithm, Function as a service, Annuity, BHD, Visa, Space, VISA, Point of sale, Mastercard, Commercial, Certification, PCI, Online shopping

Awarded by PCI SSC, Soft Space's FasstapTM is the first MPoC-certified SoftPOS solution in the market that supports secure PIN entry.

Key Points:

As a result of this, Fass Payment Solution Sdn Bhd ("Fasspay"), a wholly-owned subsidiary of Soft Space, is the first acquirer in the world to deploy a live MPoC-certified SoftPOS solution.
Solution providers that only have partial certifications will still require end-to-end certification to launch a complete live solution.
"Despite some solution providers having announced partial MPoC certification, they still can't launch a complete live MPoC-certified solution.
Rather than taking a piecemeal approach, Soft Space chose to focus on achieving a complete MPoC Solution certification.

Zinnia to Acquire Ebix Inc.’s Life and Annuity Software Assets, Continuing Its Mission to Deliver Solutions that Simplify Insurance and Power Industry Growth

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星期五, 二月 16, 2024

Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge business and leading life and annuity insurance technology services company, today announced it will acquire the Life and Annuity Assets (the “L&A Assets”) of Ebix, Inc. (“Ebix”), a supplier of software solutions.

Key Points:

Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge business and leading life and annuity insurance technology services company, today announced it will acquire the Life and Annuity Assets (the “L&A Assets”) of Ebix, Inc. (“Ebix”), a supplier of software solutions.
“The acquisition of the Ebix Life and Annuity Assets is transformative for Zinnia,” said Michele Trogni, Zinnia Chief Executive Officer.
Ash Sawhney, President of Ebix Insurance Solutions North America, will join Zinnia heading up the newly formed Life and Annuity Exchange Solutions business, reporting to Trogni.
Joining him will be members of the Ebix Life and Annuity senior leadership team and all L&A employees globally.

Lex Machina Releases 2024 Patent Litigation Report

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星期四, 二月 8, 2024

Annuity, LexisNexis, Samsung, Partner, PTAB, Software, Tunnell, Lex Machina, Table, Research, Fish & Richardson

MENLO PARK, Calif., Feb. 8, 2024 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its annual Patent Litigation Report. The report examines trends in patent litigation in federal district courts, appellate courts, and the Patent Trial and Appeal Board (PTAB). Focusing on the three-year period from 2021 to 2023, it surveys emerging trends in case filings, venues, judges, law firms, parties, timing metrics, case resolutions, findings, and damages. The report often focuses on different sets of data, e.g., filtering cases in order to provide analytics on general patent, high-volume plaintiff, ANDA, PTAB, and federal appellate cases.

Key Points:

Patent case filings continued the decreasing trend exhibited since 2021, likely driven by the drop in cases filed by high-volume plaintiffs over the same period of time, and case filings before Judge Albright and the Western District of Texas declined in 2023
MENLO PARK, Calif., Feb. 8, 2024 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its annual Patent Litigation Report.
The report examines trends in patent litigation in federal district courts, appellate courts, and the Patent Trial and Appeal Board (PTAB).
"Our data illuminates several intriguing recent trends in patent litigation," said Elaine Chow, Lex Machina's patent legal data expert and editor of the report.
Register here for a copy of the report: https://pages.lexmachina.com/2024-Patent-Report_LP.html
Lex Machina is hosting a webcast to discuss the report on February 8, 2024 at noon ET/9am PT with Michael Connelly (President of WIT Legal), Michael Flynn (Partner at Morris Nichols Arsht & Tunnell), Elaine Chow (Lex Machina's Legal Data Expert in Patent Litigation), and Aria Nejad (Lex Machina's in-house counsel).

Australia POS Market, Competition, Forecast and Opportunities, 2018-2028 - Market Sees Prominent Growth, Cloud-Based Innovations Propel Industry Forward

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星期五, 十二月 22, 2023

Cloud, POS, Annuity, PCI, PCI DSS, Digital transformation, Health, Competition, COVID-19, Omnichannel, NFC, Contactless, Growth, Capital

DUBLIN, Dec. 22, 2023 /PRNewswire/ -- The "Australia POS Market, By Region, Competition, Forecast and Opportunities, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Dec. 22, 2023 /PRNewswire/ -- The "Australia POS Market, By Region, Competition, Forecast and Opportunities, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
The Australia POS market has witnessed a tremendous growth trajectory, with enterprise valuations reaching USD 515.71 million.
Technological strides and a shift in consumer conduct are largely to thank for the robust health of this industry sector.
In this report, the Australia POS market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Ebix Reaches "Stalking Horse" Sale Agreement for Life Insurance and Annuity Business with Zinnia to Ensure Successful Recapitalization Efforts

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星期一, 十二月 18, 2023

Ebix's approximately 200 affiliates outside the United States are not included in the U.S.-only Chapter 11 filing and will continue to operate normally.

Key Points:

Ebix's approximately 200 affiliates outside the United States are not included in the U.S.-only Chapter 11 filing and will continue to operate normally.
The Company will continue working with its existing customers, vendors, partners, and other stakeholders in the ordinary course of business.
Ebix has secured the debtor-in-possession financing from its existing lenders to consummate these proceedings and continue business in the ordinary course.
Ebix is represented by Sidley Austin LLP as legal counsel, AlixPartners, LLP as its financial advisor, and Jefferies LLC as its investment banker.

AuguStar℠ Life Joins The Ensight™ Intelligent Quote Platform

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星期四, 十一月 16, 2023

Constellation, LTC, SAN, Subaru Telescope, IMO number, Acceleration, Annuity, Long-term care, Life, Insurance, IUL, RIAS, Partnership, Downtown Manhattan Heliport, Environment, Financial adviser

SAN DIEGO, Nov. 16, 2023 /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 AuguStarSM Life. This partnership brings the addition of AuguStarSM Life's Virtus IUL II product onto Ensight's digital marketplace for national distributors, broker-dealers, BGAs, IMOs, FMOs, RIAs and tens of thousands of financial professionals.

Key Points:

AuguStar Life's life products are now available on Ensight's Life, LTC & Annuity insurtech platform, which digitally transforms the entire sales lifecycle experience.
SAN DIEGO, Nov. 16, 2023 /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 AuguStarSM Life.
Virtus IUL II is the first AuguStarSM Life insurance product to be featured on Ensight's platform.
"We are thrilled to welcome AuguStar Life to the Ensight Intelligent Quote marketplace," said Bill Unrue, CEO of Ensight.

Carrier Billing: Regional Analysis, Key Verticals & Market Forecasts 2023-2027 - ResearchAndMarkets.com

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星期三, 十一月 1, 2023

Transport, Other Transport, Benchmark, Segment, Gambling, Carrier, Digital, Growth, Annuity, Region, Mobile phone

The "Carrier Billing: Regional Analysis, Key Verticals & Market Forecasts 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Carrier Billing: Regional Analysis, Key Verticals & Market Forecasts 2023-2027" report has been added to ResearchAndMarkets.com's offering.
As such, carrier billing platforms must accelerate their partnerships with online retail merchants, enabling retailers to offer carrier billing payment solutions, and additionally benefit from Japan's higher-than-average carrier billing spend.
Key market trends are also analysed; making this section key reading for carrier billing vendors, mobile network operators and competitors alike.
Benchmark Industry Forecasts: 5-year forecasts are provided for the number of users, total spend and total revenue for carrier billing.