Year: 2024

The Importance of Life Insurance in Business Education: Insights from Former Aflac President Fred Crawford

Former Aflac President Fred Crawford Joins Iowa’s Tippie College of Business Fred Crawford, the former president and COO of supplemental health insurance provider Aflac, has been appointed as the first executive-in-residence at the University of Iowa’s Tippie College of Business. This appointment brings a wealth of industry experience to the institution and sparks discussions on […]
Read more

The Growing Significance of Life Insurance Amid P&C Market Dynamics

Life Insurance: An Essential Shield in Unpredictable Times of Property and Casualty Market Dynamics Amid a significant peak in Property and Casualty (P&C) insurance pricing and a slowdown in commercial lines growth, experts are emphasizing the increasingly vital role of life insurance. Various sources note that life insurance not only provides financial support in times […]
Read more

How IoT is Revolutionizing the Insurance Industry: A Look at Progressive and Life Insurance Innovations

IoT Data Transforms Insurance Industry Profitability In today’s dynamic marketplace, insurance companies are leveraging the power of the Internet of Things (IoT) to boost profitability. A notable example is Progressive, which has successfully navigated stressed market conditions and managed to outperform the market by utilizing IoT data. The Role of IoT in Life Insurance IoT […]
Read more

Axis and MEA’s Expanded AI Partnership Aims to Revolutionize Life Insurance Services

AXIS and MEA Expand AI Partnership to Boost Life Insurance Efficiency In a notable breakthrough for the insurance industry, AXIS Capital Holdings Limited and MEA (Machine Enhanced Analytics) have announced an expansion of their partnership to integrate AI capabilities more deeply into their operations. This move aims to significantly enhance the efficiency and accuracy of […]
Read more

AXIS and MEA Bolster AI Alliance for Enhanced Insurance Efficiency

AXIS and MEA Expand AI Partnership to Boost Insurance Efficiency In a bold move aimed at revolutionizing the insurance industry, AXIS Capital Holdings Limited and MEA Risk LLC have announced the expansion of their Artificial Intelligence (AI) partnership. The collaboration, set to streamline submission processes and improve service delivery, is expected to bring significant benefits […]
Read more

The Manufacturers Life Insurance Company Strengthens Portfolio with Horace Mann Acquisition

The Manufacturers Life Insurance Company Acquires 710 Shares of Horace Mann The Manufacturers Life Insurance Company, a prominent player in the insurance industry, recently acquired 710 shares of Horace Mann Educators Corporation (NYSE:HMN), highlighting an expanding portfolio that continues to address diverse insurance needs, including life insurance. This strategic move not only strengthens their market […]
Read more

Delayed Data Breach Notification Lawsuit: Impact on Life Insurance Policyholders

Infosys and Data Breach Concerns: Implications for Life Insurance Policy Holders In a recent development, technology giant Infosys faces a lawsuit for delaying the notification to victims of a significant data breach. Notably, this breach has impacted various customers, including life insurance policyholders. Life Insurance Policyholders Affected Among the affected is Vivian Lindley, a customer […]
Read more

The Evolving Role of Life Insurance in Health and Wellness

Manulife / John Hancock Convenes Global Leaders Driving the Future of Health and Wellness Life insurance giant, Manulife / John Hancock, recently brought together prominent figures in health and wellness sectors for its second Longevity Symposium. The event highlighted innovative approaches to increasing longevity and enhancing quality of life, while underscoring the pivotal role of […]
Read more