Insurance industry
AXA Advisors, LLC, has appointed Carlos M. Musibay as the President of the Florida/Caribbean Region, effective immediately. Musibay will lead a team of nearly 700 financial professionals across the region's six branches, including Miami/Ft. Lauderdale, Boca Raton, Orlando, Tampa, Jacksonville, and Puerto Rico. With over 30
Insurance industry
Standard Life, the Edinburgh-based mutual life insurer, has announced its plans to enter the Hong Kong life and pensions market through a joint venture with China Everbright, one of China's leading companies. This move reflects the group's aggressive strategy to expand overseas, following its earlier rejection
Insurance industry
Candle Corporation, a leader in industrial-strength, e-business solutions for Enterprise Application Integration (EAI), has announced that The Equitable Companies (NYSE: EQ), one of the world's leading insurance and investment organizations, has chosen Candle Roma Business Service Platform (BSP) as its Customer Relationship Management (CRM) integration platform. The Equitable
Insurance industry
In a series of significant developments, Asian companies were actively engaging in joint ventures, mergers, and partnerships to drive growth and expand their reach. One such initiative was the joint allocation of Rp200 billion for community development by PERTAMINA/CALTEX INDONESIA over the next four years. This allocation was to
Insurance industry
Madison Gas and Electric Co. customers will face higher electricity prices for the remainder of the year due to a 2.4% surcharge approved by the state Public Service Commission. This increase will add approximately $1.15 to the average residential customer's monthly bill of $47.50. The
Insurance industry
Jackson National Life Insurance Company has selected Consul/Enterprise Audit (CEA) software to audit information stored on its AIX and NT systems. This decision comes in response to a recognition by IT management of the need to have their AIX systems audited regularly. By implementing CEA, JNL aims to position
Insurance industry
EarthLink, one of the world's leading Internet service providers, has partnered with USAA to offer customized Internet access to USAA's 3.3 million members. The three-year agreement, announced on August 9, 1999, makes EarthLink Sprint the official Internet service provider for USAA, marking EarthLink's
Insurance industry
Oracle Corporation has announced that The Penn Mutual Life Insurance Company, the nation's second oldest mutual life insurer, has selected Oracle Sales Compensation to support its distribution channel of professional agents and financial advisors. As part of its Producer Value Commitment, Penn Mutual aims to implement this strategic
Insurance industry
South Korea's government sought a fresh round of bids for the debt-ridden Korea Life Insurance after an initial auction failed to meet its criteria. Analysts say none of the eight bids received meet the necessary requirements, mainly driven by investment and property companies rather than foreign insurers. The
Insurance industry
USinternetworking Inc. (USi), a leading Application Service Provider (ASP), has partnered with Liberty Financial Companies, Inc. to re-host and manage the financial services e-commerce sites for four Liberty Financial companies, using USi's Internet Selling e-commerce solution based on BroadVision One-To-One Commerce. The partnership aims to provide Liberty Financial
Insurance industry
Bank of Scotland has announced plans to sever its long-standing tie with Standard Life, the mutual insurer, in order to establish its own life and pensions operation by March 1999. The move marks a significant shift in the bank's strategy, as it will no longer rely on Standard
Insurance industry
Prudential, the largest life insurance company in the U.K., has chosen Siebel Systems, Inc. to implement Siebel Sales Enterprise as its Enterprise Relationship Management system. This strategic move is aimed at enhancing customer satisfaction, sales, and profitability. The solution will provide a comprehensive end-to-end view of every customer interaction,
