Tag : life insurance

Hexure and Luma Expand Partnership to Offer Integrated Life Insurance and Annuity Solutions
Fintech InsurTech News

Hexure and Luma Expand Partnership to Offer Integrated Life Insurance and Annuity Solutions

Business Wire
Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, is proud to announce the expansion of its long-standing collaboration with Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry. This partnership now expands Luma’s award-winning platform to include Hexure’s Firelight® life......
Quility Launches Switchboard Funnel, Offering Agents a Streamlined Approach to Sales and Engagement
InsurTech News

Quility Launches Switchboard Funnel, Offering Agents a Streamlined Approach to Sales and Engagement

PR Newswire
Award-winning insurtech, Quility, has announced the launch of its proprietary platform, Switchboard Funnel. Funnel brings life insurance agents an all-in-one sales enablement solution, delivering a simplified, intuitive and effective experience. From lead nurturing to product recommendations and quoting, Switchboard Funnel’s single interface encompasses every component of an agent’s workflow. In early......
Quility Launches New Whole Life Insurance Offerings, Further Expanding Products Available on Their Navigator Platform
Finance Fintech News

Quility Launches New Whole Life Insurance Offerings, Further Expanding Products Available on Their Navigator Platform

PR Newswire
Award-winning insurtech company, Quility, announces the launch of Quility Secure Future Complete (QSFC) underwritten by United Home Life Insurance Company (UHL) and United Farm Family Life Insurance Company (UFFL). This new portfolio of instant-decision whole life insurance offerings includes four unique products: Express Issue Premier, Express Issue Deluxe, Express Issue......
XP Appoints Victor Mansur as Chief Financial Officer Effective August 1, 2024
Fintech News

XP Appoints Victor Mansur as Chief Financial Officer Effective August 1, 2024

Business Wire
Mansur is currently XP’s Deputy CFO and an industry veteran who brings two decades of experience in treasury, trading, structuring, and sales roles Outgoing CFO Bruno Constantino will serve in an advisory role for a 12-month period after the transition and remain on the XP Board Head of Investor Relations......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
FOXO Technologies Announces Agreement With Atrio Insurance
InsurTech News

FOXO Technologies Announces Agreement With Atrio Insurance

Business Wire
FOXO Technologies, a technology platform company whose products and services seek to address long-standing, core problems within the life insurance industry through epigenetic longevity science, announced that its insurance distribution subsidiary, FOXO LIFE, has engaged Atrio Insurance/Singular Insurance Brokerage, an insurance brokerage general agency offering products and specialty programs throughout......
Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations
InsurTech News

Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations

Business Wire
Fortitude Re and IBM establish long-term strategic relationship to collaborate on growth opportunities to further enhance Fortitude Re’s position as a leading global provider of legacy reinsurance solutions. The companies enter into $450 million, 10-year collaboration for administration of over 4 million insurance policies. IBM launches its fully licensed Life......
Fourth Announces Strategic Partnership with Pendella to Bring Individual Life Insurance Benefits to Restaurant and Retail Employees
InsurTech News

Fourth Announces Strategic Partnership with Pendella to Bring Individual Life Insurance Benefits

Business Wire
Fourth, the leader in workforce and inventory management solutions to the restaurant, hotel, retail and leisure industries, announced its partnership with Pendella, a fast-growing technology company on a mission to take the bias out of life insurance. The strategic collaboration will provide individual life insurance offerings to Fourth’s human resources......
AM Best Affirms Credit Ratings of Oxford Life Insurance Company and Its Subsidiaries
InsurTech News

AM Best Affirms Credit Ratings of Oxford Life Insurance Company and Its Subsidiaries

Business Wire
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ), and its subsidiary, Christian Fidelity Life Insurance Company (Dallas, TX), which are collectively referred to as Oxford Group. Concurrently,......
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