Mon.Sep 18, 2023

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Oracle updates Fusion Cloud suites to aid healthcare firms

CIO

Oracle has updated several applications within its various Fusion Cloud suites in order to align them toward supporting use cases for its healthcare enterprise customers. These updates, which include changes to multiple applications within its Enterprise Resource Planning (ERP), Human Capital Management (HCM), Enterprise Performance Management (EPM), and Supply Chain and manufacturing (SCM) Fusion Clouds, are expected to help healthcare enterprises unify operations and improve patient care, Orac

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Data Marketplace, Data Catalog, and Data Sharing Agreements: Let’s Make It Clear

Dataversity

As some of you already know, I am dedicating these summer days to the writing of my new book, “99 Questions About Data Management,” which follows in some way the book “20 Things You Have to Know About Data Management.” After the many questions I have received, I find it interesting to answer this one: […] The post Data Marketplace, Data Catalog, and Data Sharing Agreements: Let’s Make It Clear appeared first on DATAVERSITY.

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The ‘Great Retraining’: IT upskills for the future

CIO

Maggie Chavarin is no stranger to reinventing her career. She joined Synchrony more than a decade ago in a Merchants Services role that allowed her to be a work-from-home mom. When the timing was right, Chavarin honed her skills to do training and coaching work and eventually got her first taste of technology as a member of Synchrony’s intelligent virtual assistant (IVA) team, writing human responses to the text-based questions posed to chatbots.

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Data Governance in the Age of Generative AI

Dataversity

AI-based business models and products that use generative AI (GenAI) are proliferating across a wide range of industries. The current wave of AI is creating new ways of working, and research suggests that business leaders feel optimistic about the potential for measurable productivity and customer service improvements, as well as transformations in the way that […] The post Data Governance in the Age of Generative AI appeared first on DATAVERSITY.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Verizon accelerates 5G rollouts with automation platform

CIO

For consumers and enterprises alike, 5G offers the tantalizing promise of faster speeds, lower latency, and greater possibilities for unlocking the power of edge computing — but only if your devices can connect. To that end, New York-based telecom giant Verizon has developed a platform for migrating millions of customers to its next-generation networks such as 5G, Cloud Connectivity, and Fixed Wireless Access — with minimal disruption.

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Inside Intermax’s ambitious journey to be a sustainable cloud leader

CIO

A fleet of green data centers and a well-advanced plan to stop using fossil-fuel powered vehicles are among the key steps driving Intermax’s mission to be the most sustainable cloud services provider in the Netherlands. Ludo Baauw – founder, corporate social responsibility lead and CEO of Intermax Group, sees firsthand the direct impact that sustainability initiatives have on the environment and biodiversity.

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Out of the Darkness

Wink Intel

Yesterday was an emotionally exhausting day. I participated in the American Foundation for Suicide Prevention ’s central Iowa Out of the Darkness walk. This walk is intended to raise money for suicide prevention. I have walked every year since my son killed himself. Usually, I am overcome with sadness because of the loss of my firstborn. Yesterday was different.

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How to Build Data Analytics Using LLMs in Under 5 Minutes

GoodData

Unlock Data Analytics in under 5 Mins: Revolutionizing with LLMs for Efficiency, Scalability, and Productivity.

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Death Benefit Claim Fail #LIAM Reprint

Wink Intel

As the nation’s top expert on life insurance and annuity products, I have spent a great deal of my time over the last couple of decades pouring-over specimen contracts and prospectuses. It’s what I do. It’s why I’m the life of the party. Given that, I am going to admit to you one of the most embarrassing mistakes I have made in my life, as an expert on insurance contracts.

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Lead Your Sales Team to Finish the Year Strong as Trusted Advisors

Owler

Guest Post by Cherilynn Castleman Lead Your Sales Team to Finish the Year Strong as Trusted Advisors Managing and leading sales teams is becoming increasingly complex. The C-Suite raised expectations, competitors are multiplying, buyers have fundamentally changed their behavior, and unpredictable circumstances have caused sales strategies to change on the fly.

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We Need Help Growing Life Insurance Distribution: REPRINT #LIAM

Wink Intel

Originally posted February 5, 2011 by Sheryl J. Moore Most of you know that I am passionate about indexed life insurance and indexed annuities. However, I am passionate about insurance products in general. In fact, one of the things that I am MOST passionate about is growing our distribution! Not so long ago, life insurance and annuities were distributed via a career agent distribution.

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5 things you need to get right to achieve library software migration success

Vable

For library and information professionals, platform migrations are not just about transitioning from one system to another; they represent an investment in the future of the service. As organisations expand and technology progresses, they need improved systems; enhanced features, increased efficiency, and fit to meet evolving business needs.

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FUNDING UNIVERSAL LIFE INSURANCE AT TARGET? YOU’RE MISSING THE POINT: REPRINT #LIAM

Wink Intel

The following article is a reprint, originally written July 15, 2013 by Sheryl J. Moore: Throughout the past [20] years of working with universal life (UL) products, one comment in particular has been overheard far too often: “…fund this UL at [X percent] over target.” This comment is especially popular in the indexed life market, where the product may be new to producers, and a lack of product knowledge may run rampant.

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10 Ways to Leverage Buyer Signals and Drive Revenue

In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.

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Annuity Constraints Can Be the Client’s Friend

Wink Intel

Keeping something like the current annuity surrender charge system could work better for many clients than trying to develop new contracts without any restrictions on what clients do with their money. Mike Reidy, head of RIA distribution at Security Benefit, included that suggestion in a recent email interview. One question was about the ultimate outcome of current efforts to develop contracts that lock up clients’ assets for shorter and shorter periods.

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Life Happens celebrates 20th Life Insurance Awareness Month with a focus on single parents

Wink Intel

Washington, D.C. — Life Happens, a national nonprofit committed to educating people about the importance of life insurance, is celebrating the 20th anniversary of Life Insurance Awareness Month this September. This annual initiative helps people understand the key role life insurance plays in a financially secure future and that it is both affordable and easy to get for most.

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LIMRA: Record number of Americans plan to purchase life insurance

Wink Intel

The life insurance story in the United States is some good news offset by a little bit of bad news. First, the bad news: Just 52% of U.S. adults report having life insurance, down from 63% in 2011, LIMRA reported. On the plus side, a record-high number of Americans (39%) say they plan to purchase life insurance this year. There was more good news than bad, according to new LIMRA data.

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John Hancock steps up redefining life insurance with ‘Longevity Symposium’

Wink Intel

BOSTON – Beginning in 2018, John Hancock turned life insurance on its head by making the act of buying life insurance as much about living a longer and healthier life as about preparing for death. Yesterday, the company, a unit of Toronto-based Manulife, took yet another step on this journey, hosting its first Longevity Symposium in its headquarters city of Boston.

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Business Intelligence 101: How To Make The Best Solution Decision For Your Organization

Speaker: Evelyn Chou

Choosing the right business intelligence (BI) platform can feel like navigating a maze of features, promises, and technical jargon. With so many options available, how can you ensure you’re making the right decision for your organization’s unique needs? 🤔 This webinar brings together expert insights to break down the complexities of BI solution vetting.

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DOL fiduciary rule likely to tinker with popular exemption, analysts say

Wink Intel

In a world where regulations and rules come and go at a dizzying pace, Prohibited Transaction Exemption 84-24 achieved legendary status in the life insurance and annuity space. Created in 1977 and amended several times over the years, PTE 84-24 allows producers to receive commissions when retirement plans and IRAs purchase insurance and annuity contracts.

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NC regulators release $1.2B from former Lindberg insurers in receivership

Wink Intel

North Carolina regulators are releasing funds to long-suffering policyholders who own life insurance and annuities with insurers formerly controlled by Greg Lindberg. The insurers are now in receivership as regulators and investigators continue to unravel Lindberg’s complex web of companies and investments. Lindberg faces several counts of fraud and attempted bribery of North Carolina Insurance Commissioner Mike Causey.

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Be leery of high illustrated returns.

Wink Intel

Reading a class action lawsuit filing and came across a point that I have made in the past. “If buying options [on indexed insurance products] is so incredibly profitable…then why doesn’t everyone do it and why aren’t life insurers employing this strategy to generate higher returns in their own general accounts?” **Be leery of high illustrated returns.

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Salt Financial and Nasdaq Expand Nasdaq-100 Volatility Control Indexes Suite for Insurance Companies: An Alternative for Fixed Index Annuities

Wink Intel

GREENWICH, Conn. , Sept. 18, 2023 /PRNewswire/ — Salt Financial and Nasdaq, Inc. are proud to announce the launch of the Nasdaq-100 Volatility Control Indexes, designed exclusively for insurance companies. This suite expands the existing offering to include additional volatility targets to help solidify its position as a versatile solution for insurance companies looking to offer access to the popular Nasdaq-100 Index® as a volatility-controlled crediting option in their Fixed Index Annu

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Signal-Based Selling: How to Leverage 4 Key Buying Signals

As prospects define their problem, search for solutions, and even change jobs, they are generating high-value signals that the best go-to-market teams can leverage to close more deals. This is where signal-based selling comes into play. ZoomInfo CEO Henry Schuck recently broke down specific ways to put four key buying signals into action with the experts from 30 Minutes to President’s Club.

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Does Life Insurance Cover Suicide?

Wink Intel

Along with the profound and painful questions that follow the loss of a loved one from suicide, there are practical and financial issues to address, too. If the loved one had life insurance, a common question is whether the policy will still cover the death. In general, there is coverage if your loved one: Had group life insurance through work. Had military life insurance.

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Sound Investments: 31 rap/R&B songs about money and wealth

Wink Intel

In the immortal words of legendary rapper, actor and Future Proof Festival headliner Method Man, “cash rules everything around me.” To close out the summer with a bang — and plenty of head nods — the staff of Financial Planning has spent some of September crafting our inaugural “Sound Investments” playlist series. Released every Friday of the month, the series gives financial advisors Click HERE to read the full story via Financial planning The post Sound Investments

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“Insurancism”

Wink Intel

In the InsuranceNewsNet article below, John Hilton accurately cites me as saying: “We [insurance experts] deserve parity with financial professionals,” MRG said. “We deserve ‘insurance advisement’ as an additional regulatory frame that could be used just as financial professionals may hold both a brokerage [noun-sale] and advisement [verb-sale] affiliation.” The post “Insurancism” appeared first on Wink.

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Overall takeaway: buffer strategies offer more risk, but greater potential for returns.

Wink Intel

My one and only PGIM homey- David Blanchett , is all over my LinkedIn! This time, he is discussing structured annuities (a.k.a. RILAs). Click HERE to read RILAs: Buffers are still much better than floors Now remember- with a structured annuity that has a floor on losses, “the downside is limited to a stated percentage, such as 10%. For example, if the floor is 10%…you can’t lose more than 10% regardless of the return of the underlying index.” Alternatively, on a structured ann

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How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

Success in product management goes beyond delivering great features - it’s about achieving measurable financial outcomes that resonate across the organization. By connecting your product’s journey with the company’s financial success, you’ll ensure that every feature, release, and innovation contributes to the bottom line, driving both customer satisfaction and business growth.