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Sieberg on Digital Afterlife Keynotes Preneed Forum, and other news [The LICConnect Version of the LIC Bullet E-News]

  • 1.  Sieberg on Digital Afterlife Keynotes Preneed Forum, and other news [The LICConnect Version of the LIC Bullet E-News]

    Posted 10-18-2021 18:18
    Edited by Audrey Wittenburg 11-18-2021 14:24
    News and events round-up from the Life Insurers Council
    October 18, 2021

     Sieberg to Discuss Digital Afterlife as LIC Preneed Forum Keynote


    Do you know what happens to your digital stuff when you die? All those thousands of photos, videos, texts, posts, and so much more? Each of us can create about 1.8MB of data, which are inextricably intertwined with our identity. Daniel Sieberg, author of Digital Legacy: Take Control Of Your Online Afterlife and Co-Founder of GoodTrust, which is building the future of managing your digital afterlife, will be at this year's Virtual LIC Preneed Forum, November 9-10, 2021, to discuss this global and personal issue in terms of what's already possible and what lies ahead. 
     

    PRENEED FORUM WEBSITE
     

    Complimentary Demo on CX for Smaller Companies October 19


    At LIC's August 2021 CEO Forum, Maddock Douglas, Manage My, and McGuffin introduced the idea of a collaborative effort to elevate LIC member results in marketing, cross-selling, service and overall customer experience in their presentation "Your Customers Deserve Better (And So Do You)."

    A follow-up virtual workshop and demonstration will be held for LIC member companies October 19, 2021, 10-11:30 am EDT. Please contact Stuart Johnston, stuart.johnston@managemy.com for more information.

    REQUEST INFORMATION


    Breathe Life Names Carlos Benfeito as Chief Technology Officer

    ​​​Breathe Life, the leading provider of hybrid life insurance distribution solutions for life insurance, today announced it has appointed Carlos Benfeito as Chief Technology Officer. In this role, he will lead the engineering team at Breathe Life with a focus on scaling, innovation, and client success.

    READ PRESS RELEASE


    MRS Publishes AI Article in Insurance News Net 


    Management Research Services, Inc. has been published on Insurance News Net, with an article by MRS Marketing Consultant Jesse Gospodarek on AI and the post-pandemic life insurance boom.

    READ ARTICLE




    Breathe Life Joins LIC 


    Welcome to new LIC member Breathe Life, revolutionizing the life insurance distribution process by leveraging insurance industry and B2C expertise to deliver the best user experiences, whether advisor-driven, self-serve, or a hybrid of both. 

    SEE WEBSITE


    Royal Neighbors Grants $100,000 to Nonprofits Helping Women


    Royal Neighbors of America, one of the largest and first women-led insurance organizations in the U.S., located in Rock Island, Ill., has awarded 10 Nation of NeighborsSM empowerment awards to 10 women who are making a difference in the lives of women and/or girls. Each recipient also received $10,000 for the non-profit they are leading or supporting through their efforts. To date, more than $2.5 million has been awarded from this program which serves as the organization's signature women's empowerment program.

    READ PRESS RELEASE


    GoodTrust Partners with C&J Financial to Empower Grieving Families with Digital Legacy Management


    GoodTrust and C&J Financial announced a new partnership that helps pre-need and at-need families to easily and securely take care of their digital legacy. The partnership offers C&J Financial clients the GoodTrust Premium Plan for 3 months at no cost, with a free will-maker-tool and VIP service to take care of accounts like Facebook and LinkedIn after someone passes away.

    READ THE PRESS RELEASE
     


    PartnerRe Review of LexisNexis Risk Classifier with Medical Data – Combined Model Indicates Greater Predictive Value


    LexisNexis Risk Solutions and ExamOne have collaborated to build a combined predictive model for life underwriting – Risk Classifier with Medical Data – that incorporates data from their separate mortality risk models. A new whitepaper reports PartnerRe's independent evaluation of the combined and constituent models – finding that the combined model has higher predictive power than either model individually. (See LexisNexis's website for more information about Risk Classifier with Medical Data.) 

    READ THE WHITE PAPER
     


    McKinsey: Five Tech Trends Will Transform Insurance


    In a September 30, 2021, article, McKinsey & Co. identified the ten technology trends that will unlock a variety of new opportunities across industries. Five are likely to have an outsize impact on insurance over the next few years.

    READ THE ARTICLE


    Upcoming LIC Events

    Here are LIC meetings coming up in 2021. See the full 2021 Schedule here. 

    LIC Technology Committee Meeting (Virtual)
    Wednesday, October 20, 2021, 10am-3pm EDT

    LIC Laws & Legislation Committee Conference Call
    Thursday, October 21, 2021, 2-3:30pm EDT

    LIC Virtual Preneed Forum
    Tuesday, November 9 - Wednesday, November 10, 2021, 10am-3pm EDT

    LIC ERM Committee Conference Call
    Wednesday, November 17, 2021, 2-3:30pm EDT

    LIC Financial & Tax Accounting Committee Conference Call
    Wednesday, December 1, 2021, 2-3:30pm EDT

    LIC Supplemental Products Committee Conference Call
    Wednesday, December 8, 2021, 2-3:30pm EDT

    SEE ALL 2021 LIC EVENTS


    LIC Premier Sponsors

    LIC's Premier Sponsors provide support to all LIC events throughout 2021.

    Parkway Advisors
    Parkway Advisors is focused on being the best most respected provider of service in the insurance industry. Parkway offers asset management, consulting, and statutory investment reporting services that are customizes to the needs of each insurance client. Through Parkway's emphasis on personal service, custom solutions, and strong communication, our clients have enjoyed historically strong performance success, especially during the financial crisis and the low interest environment that has followed. www.parkwayadvisors.com

    Management Research Services
    MRS provides a high-end technology product to life, health, and annuity insurance industries. MRS has invested heavily in our technology platform to create a foundation for the next revolution in life insurance.  MRS's No-Code platform gives you all the tools needed to build a highly secure, complex application that efficiently collects voice and electronic data without writing a single line of code.  The result is a vastly reduced time to market with no initial or ongoing maintenance costs making the total cost of ownership substantially lower than status quo solutions. managementresearchservices.com

    iPipeline
    iPipeline is a leading provider of low code, cloud-based software solutions for the life insurance and financial services industry. Through our SSG Digital, end-to-end platform, we provide process automation and seamless integration between every participant in our ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and their consumers on a global basis. Our innovative solutions include pre-sales support, new business and underwriting, policy administration, point-of-sale execution of applications, post-sale support, data analysis, reporting, user-driven configuration, consumer delivery and self-service, and agency and firm management. www.ipipeline.com

    thinktum inc
    thinktum is a technology company with a strong commitment to innovation, leadership and a responsibility to give back to the communities in which we serve. thinktum's dimmpl platform offers modular InsurTech systems that support true end to end functionality via multiple distribution models. Whether it be face-to-face or non-face-to-face, affiliate or direct-to-consumer, dimmpl supports you from early prospecting straight through to policy delivery. www.thinktum.com

    Trilogy Actuarial Solutions
    Let Us Be Your In-House Actuaries. We are a trio of actuaries with a combined 45 years of experience providing exceptional service to insurance companies, fraternal benefit societies, and marketing organizations. We can support your existing actuarial staff or serve as your entire in-house actuarial department. We understand the value of a dedicated in-house team and we will endeavor to replicate this experience for you. Our goal is to seamlessly integrate into your organization and culture. www.trilogyactuarial.com

    Equisoft
    Over 25 years' experience helping small and mid-sized life insurers & Fraternals solve their biggest challenges.
    Overcoming legacy system drag on business growthModern policy admin system that eliminates the legacy platform challenges slowing product innovation.

    Meeting today's heightened customer expectations: Creating superior digital experiences with state-of-the-art front-end tools.
    Quickly adapting to any type of market disruption: Helping insurers surpass their business objectives, even in the face of constantly changing market conditions.
    See how we can help your team at equisoft.com.


    SEE ALL LIC SPONSORSHIP OPPORTUNITIES


    About The LIC Bullet

    The Bullet is the official e-newsletter of the Life Insurers Council, which has been providing networking and practical business solutions for life insurers since 1910. As a council of LOMA, LIC serves the unique needs of small-to-midsize member companies, offering a personal network of peers with practical solutions to shared challenges. The Bullet delivers immediate and relevant industry news and editorial.

    LIC E-News Online Community: As a networking organization, we welcome dialogue and input from our readers – therefore we are transitioning the Bullet to its new home in the LIC E-News online community at LICConnect. All Bullet subscribers have access to this forum, and others can request access by contacting lic@loma.org.
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    Audrey Wittenburg ALMI, ACS
    Associate Director
    LIC
    Silver Spring MD
    (703) 975-5626
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