We partnered with PCMI to further automate administration, improve customer satisfaction with automated correspondence, and provide a framework for administrators to document compliance – all at a lower cost by taking advantage of our facilities and team. – Tom Tripodi, Vice President, BerkOne

Park Ridge, Illinois (PRWEB)
November 24, 2020

PCMI has integrated with BerkOne, a leading provider within the content and process automation industry. This partnership comes in conjunction with PCMI’s announcement of its new Notification Center Module within their Policy Claim and Reporting Solutions™ (PCRS) platform. While this new module has the ability to send automated emails and text notifications, there is still a need for administrators to send physical mail due to compliance standards. This partnership fulfills that need – administrators can set event-based triggers for when a letter needs to be sent, and BerkOne’s facilities will automatically print, mail, and reconcile the materials once that trigger is activated.

Because of this partnership, no additional action is required on the administrator’s behalf during the printing and mailing process. They are able to focus on their core marketing and sales opportunities while enjoying reduced overhead costs. This integration also enables customers to see when their letter was sent within their PCRS account, further helping administrators document their compliance.

“We partnered with PCMI to further automate administration, improve customer satisfaction with automated correspondence, and provide a framework for administrators to document compliance – all at a lower cost by taking advantage of our facilities and team. We’re impressed with PCMI’s integrated software solutions for its clients, and we’re thrilled about our partnership.” – Tom Tripodi, Vice President, BerkOne.

“PCMI and BerkOne have already seen success with deploying this integration and we look forward to rolling this out to additional customers to help reduce their costs. We’re excited about this integration because it symbolizes our continued dedication to digitizing our customers’ most important processes, helping them save time while maintaining their compliance. We believe that automated letters are only the beginning; we plan on bringing additional functionalities such as this to our customers by utilizing our partnership with BerkOne.” – Mark Nagelvoort, President & CEO, PCMI

About BerkOne

BerkOne, a leader in content and process automation, works with organizations that require the highest levels of audit and compliance. The company’s technology and services focus on document capture and digitization providing searchable and actionable data with just a point and click. BerkOne began in 1936 as part of the Berkheimer tax administration organization. Today, as an independent company, BerkOne blends innovative spirit with vast experience and an unmatched personnel and technology infrastructure to develop highly creative solutions for today’s business challenges.

For more information, please visit berkone.com or contact Vice President of BerkOne, Tom Tripodi, at ttripodi@berkone.com or (866) 396-8194.

About PCMI Corporation

PCMI offers a modular package of software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Our SaaS platform, Policy Claim and Reporting Solutions™ (PCRS), supports and automates the full lifecycle of all aftermarket products and provides the most flexible environment for administrators, insurers, OEM’s, agents, and dealers to launch new products. Our global team enables continuous around-the-clock innovation and customer-focused support.

Please visit http://www.pcmicorp.com for more information or contact Mark Nagelvoort—President & CEO at mark.nagelvoort@pcmicorp.com or (847) 653-6916 Ext. 100.

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“Black Friday is the perfect time to review your insurance needs, get online quotes and find more rewarding offers”. said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 23, 2020

If you think that car insurance should be on top of the Black Friday shopping list, then you are totally right. And rest assured you are not the only driver that thinks the same. In fact, there are many millions of people who consider Black Friday an opportunity to reduce, if not permanently at least for a short period of time, the costs of expensive services. And considering how expensive some policies are, drivers should be on the lookout for this year’s exclusive deals. Drivers are advised to use several auto insurance quotes online. They will help drivers get an edge and be prepared to negotiate for better premiums or discounts.

• This year, Black Friday is on November 27th and it marks the beginning of the Christmas shopping spree. The clock is ticking and prospective clients should get ready. The insurance providers have already started selling tempting offers. We can see all sorts of radio, TV, and online ads.
• Black Friday is the best time to switch companies. One of the most popular promotions is a discounted rate for a short period of time: say, 30% off the first six months of car insurance when buying a one-year plan. The car insurance company gets a new customer, and he gets 30% cheaper car insurance for the first six months.
• Each insurance company has its deduction limits. After all, it’s complicated to provide huge discounts in the insurance industry. If an auto insurance company suddenly gives car insurance to thousands of high-risk drivers, it exposes them to huge liability. With the discounted rates, they might not have the money to cover all of the new drivers. While bigger companies may provide a 10-15% discount for several months, smaller and less-known companies may adopt a more aggressive sales tactic and provide bigger discounts, like 30-40% for more time.
• Prices vary widely and in order to keep track of all opportunities, we recommend drivers to monitor several insurance and consumer report websites. Getting quotes during Black Friday is also a smart idea. Also, keep in mind that besides online negotiations, drivers should also try to speak face to face with insurance representatives. In some cases, this approach is more rewarding.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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FMG Suite Logo

“Patti and Rob bring tremendous strategic and operational experience that will help take our business to a whole new level. I’m delighted to have them on the team as we continue to expand our market share and customer base,” said Scott White, CEO of FMG Suite.

SAN DIEGO (PRWEB)
November 23, 2020

FMG Suite, a SaaS company specializing in marketing software and services for financial advisors and insurance agents, today announced the appointment of Patti Newcomer as its Chief Marketing Officer (CMO) and Rob Patrick as its Chief Sales Officer.

Financial services and technology industry veteran Patti Newcomer joins FMG Suite as CMO, bringing to the role more than 30 years of executive leadership experience spanning product and marketing. During her seven years at Intuit, Newcomer was responsible for all marketing functions for the Professional Tax and Financial Services businesses. Prior to that, Newcomer held executive leadership roles in marketing at WorldPay US (now FIS), Wachovia (now Wells Fargo), and Capital One.

As CMO, Newcomer will lead FMG Suite’s brand and product positioning and refine its go-to-market approach. Driven by analytics and a passion for identifying the most effective growth practices, Newcomer is a valuable addition to the leadership team, tasked with executing an ambitious multi-year plan featuring significant growth targets.

“I’m eager to roll up my sleeves and partner with our sales team to deliver on our ambitious revenue goals,” said Newcomer. “The company has hit major milestones throughout what has been a challenging year, and I’m excited to be part of this next phase in FMG Suite’s growth.”

Also joining the company as Chief Sales Officer, Rob Patrick brings more than 25 years of strategic sales leadership experience to FMG Suite. His career in disruptive enterprise software companies spans roles at Mitratech and LexisNexis. He most recently served as the SVP of Sales and Marketing at KPA, a company specializing in environmental safety and workplace compliance software for midsize businesses.

Patrick will grow FMg Suite’s enterprise software business, identify new revenue opportunities, and pioneer new markets for the company. He will also oversee the strategy and performance of FMG Suite’s sales and business development teams.

“I am thrilled to join FMG Suite at this time,” said Patrick. “The company has reinvented how digital marketing services are delivered to financial professionals and insurance agencies, and the value we can deliver directly to RIAs and broker-dealers is unparalleled and as yet, unproven.”

“Patti and Rob bring tremendous strategic and operational experience that will help take our business to a whole new level. I’m delighted to have them on the team as we continue to expand our market share and customer base,” said Scott White, CEO of FMG Suite.

About FMG Suite

FMG Suite powers an all-in-one marketing platform that helps financial advisors and insurance agents attract new leads, stay connected with clients, and grow their businesses. Rated first in market share and customer satisfaction in the 2019 and 2020 T3 Software Survey Report, FMG Suite helps its customers develop comprehensive marketing strategies and automate their most effective marketing tactics. FMG Suite is headquartered in San Diego, CA with satellite offices across the United States.

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“Recognition is a core element of our people-first culture so we welcome NAPA’s acknowledgement of these exceptional people within our organization and the work they do for clients,” said Doug Hammond, chairman and CEO of NFP.

NEW YORK (PRWEB)
November 23, 2020

NFP Makes Another Strong Showing on the National Association of Plan Advisors List of Top Women Advisors

This year’s list includes 12 NFP advisors, highlighting depth of talent within NFP’s retirement team

NFP, a leading insurance broker and consultant providing employee benefits, property and casualty, retirement, and individual solutions, today announced that 12 NFP retirement advisors have been named to the National Association of Plan Advisors (NAPA) 2020 list of Top Women Advisors.

The list, drawn from nominations provided by NAPA broker-dealer/RIA firm partners and vetted by a panel of judges, recognizes top retirement professionals who are evaluated based on a combination of quantitative and qualitative data. Nominees are honored in three categories: Captains, All-Stars and Rising Stars. Captains are top producers who are principals, owners or leaders of their organizations. All-Stars are top producers who lead a practice. Rising Stars are top producers with less than five years of experience working as a financial advisor focused on retirement plans.

The NFP advisors named to the NAPA list for 2020:

• 
  Captains: Pam Basse, Jamie Hayes and Vanessa Watkins
• All-Stars: Jessica Espinoza, Allison Kaylor-Flink, Paula Hendrickson, Emily Hopkins, Lily Matias, Kim Pruitt and Jill Shea
• Rising Stars: Morgan Davis and Colleen McNulty

“Recognition is a core element of our people-first culture so we welcome NAPA’s acknowledgement of these exceptional people within our organization and the work they do for clients,” said Doug Hammond, chairman and CEO of NFP. “We are proud of these women, inspired by their leadership and excited by their ongoing ability to elevate retirement success for employers and their employees across the country.”

“I am incredibly impressed by these women and what they’re accomplishing in the retirement industry,” said Nick Della Vedova, president of NFP’s retirement division. “They are consistently delivering exceptional expertise, solutions and service to their clients and it’s exciting to see NAPA recognize them for their hard work and results. We look forward to continuing to cultivate leaders in the retirement space, grow our retirement business and deliver more value to the employers and participants we serve.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,700 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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“Usage-based insurance programs will allow drivers to quickly gain large discounts. Besides that, drivers will be encouraged to adopt safer driving habits in order to obtain those discounts”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Los Angeles, CA (PRWEB)
November 22, 2020

Usage-based insurance, or UBI for short, is one of the most recent forms of insurance introduced in the car insurance industry. Policyholders can lower the costs of their insurance if they allow their insurers to install a small telematics device in their vehicles. This device will record driving habits and send them back to the insurance company.

Policyholders that enroll in a usage-based insurance program will gain the following advantages:

• 
      Drivers can obtain fast discounts. Usually, insurers need to analyze years of driving history before offering a discount. But with the help of UBI programs, a good driver discount can be obtained much faster. The telematics device that analyzes driving habits is typically installed for just 30 days. This period is enough for most insurers to decide if they offer a good driver discount or not.
•     Get a low-mileage discount. One of the factors monitored by the telematics device is the number of miles covered by the policyholder in a certain period. If a policyholder drives fewer miles than a certain limit, he is eligible for a low-mileage discount.
•     It encourages safer driving habits. The telematics closely monitors the driving habits and the policyholders know that. In order to not be penalized, drivers will adopt better habits and safer driving habits.
•     UBI programs help authorities investigate accidents. The telematics devices constantly record all sorts of data about the vehicle. Data like speed, traveling direction, airbag deployment and hard braking can help authorities find out what happened in a car accident.
•     Significant discounts for teen drivers. It is known that teen drivers pay high premiums on their insurance. One of the methods that can help them pay less on car insurance is to enroll in a UBI program. Teen drivers that have good driving habits will be rewarded with substantial discounts.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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“To avoid paying too much for a claim, car insurance companies will investigate any request. The claims adjuster will make sure that the customer will get exactly how much is needed and will eliminate the risk of insurance fraud”, said Russell Rabichev, Marketing Director of IMC

Los Angeles, CA (PRWEB)
November 21, 2020

Insurance companies will do their own investigations, before paying the claims made by their customers. They do that in order to avoid insurance fraud or because they don’t want to pay for losses if they don’t have to.

Drivers that file a claim should know the following:

• 
      Drivers will have to deal with a claims adjuster. Insurers will dispatch a claims adjuster to handle a claim made by a policyholder. The claims adjuster will ask the policyholder to provide details about the incident. A copy of the police reports and eyewitness testimonials will strengthen the claim. Based on the gathered information, the claims adjuster can decide if the claim is covered under the current insurance policy. In some cases, the claims adjuster will ask for additional information, such as medical reports from the healthcare provider, medical bills, proof of lost wages, proofs that show damage to the property (photos, or videos).
•     Why claims are investigated. The reasons for this decision are quite obvious. Insurers will suffer a loss whenever they will have to pay for a claim. To avoid that, insurance companies will thoroughly investigate the claim to decide if they will pay for it. Insurance fraud is quite common and many persons tried to make money by asking for reimbursement after they deliberately damaged their cars.
•     Preparing for the investigation. Policyholders will have to prepare all the evidence they gathered from the accident scene, eyewitness testimonials, a copy of the police report, medical bills, and other relevant pieces of evidence. In most cases, the claims adjuster will document the case by taking pictures of the vehicle, the damages it suffered, and the place where the incident happened. Claims adjusters will also ask various questions depending on the nature of the incident. It is important to remember to not lie to a claims adjuster.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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“Joining a defensive driving course can be very beneficial for teen drivers. Besides improving their driving skills, teen drivers will gain a discount after graduating”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
November 20, 2020

The first years of driving are the most dangerous for teen drivers. Teen drivers who attend defensive driving courses are less likely to be involved in car accidents. Also, many insurance companies will offer a discount to those teen drivers that graduate a defensive driving course.

Teen drivers can gain the following benefits after graduating from a defensive driving course:

• 
  Learning the fundamentals. It is very important for teen drivers to learn to master a series of road rules. With the help of a defensive driving course, teen drivers can learn these rules in a systemic way.
• Builds confidence. For many teenagers, being behind the wheel for the first time can be scary. A defensive driving course will help the teens overcome their fears by allowing them to practice in a safe environment where they can build confidence in their abilities while being guided by an experienced instructor.
• Learning the risks. Driving is dangerous and teens need to know that. Teens who are not even a little nervous about driving might not be aware of how dangerous driving can be. Teen drivers will learn how dangerous driving can be and how to avoid certain risks.
• Acknowledge the consequences. One of the most important topics of a defensive driving course is the one containing the consequences of DUI. In this course, teens will learn about the consequences of driving under the influence and how to take responsibility for their safety and the safety of others.
• Learn the state laws. Depending on where the teen drivers live. they will be presented with an up to date version of their state traffic laws.
• Save money on car insurance. Most insurance companies are offering discounts to teen drivers who manage to graduate a defensive driving course. This discount is beneficial for teen drivers that are always placed in the high-risk category and are required to pay expensive premiums.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, free quotes and money-saving tips, please visit https://compare-autoinsurance.org/

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After two consecutive quarters with large swings in returns, the volatility in valuations caused by the pandemic appears to have receded.

NEW YORK (PRWEB)
November 18, 2020

Trepp, a leading provider of information analytics and technology to the structured finance, commercial real estate, and banking markets has released the third quarter 2020 returns for its life insurance commercial mortgage index showing a stabilization as credit concerns remain. Instantly download the report here: https://www.trepp.com/instantly-access-q3-2020-returns-report-life-insurance-commercial-mortgage-index.

Commercial mortgage investments held by life insurance companies posted a positive 1.71% total return in the third quarter of 2020, a decrease from the positive 4.58% return realized in the second quarter. Income contributed 1.00%, and appreciation added 0.71% in the third quarter.

“After two consecutive quarters with large swings in returns, the volatility in valuations caused by the pandemic appears to have receded,” said Russell Hughes, head of data consortia initiatives at Trepp. “While interest rates remain near record lows, the persistence of credit concerns continues to dampen appreciation returns,” Hughes said.

Credit concerns remain evident in Q3. The overall delinquency rate remained unchanged from Q2 at 0.06%. Lenders are continuing to grant deferrals and forbearance; in Q3, loans with an outstanding balance of $3.9 billion had $33 million in interest capitalized, this is a slight increase from Q2 where loans with an outstanding balance of $3.7 billion had $31 million in capitalized interest.

Of the four major property types, multifamily properties performed best over 12 months with a total return of 7.18%, followed by industrial at 6.48%, and office at 5.77%.

There are approximately 7,500 active loans in the LifeComps Index, with an aggregate principal balance of $149 billion. The weighted average duration is 5.29, and the average reported loan-to-value is 50%.

For more information and to see the full report, click here: https://www.trepp.com/instantly-access-q3-2020-returns-report-life-insurance-commercial-mortgage-index.

Contact Trepp at press@trepp.com or 212.754.1010 with any questions or visit https://www.trepp.com/lifecomps for more.

About LifeComps™

The LifeComps™ Commercial Mortgage Loan Index is the only published benchmark for the private commercial mortgage market based on actual mortgage loan cash flow and performance data which has been collected quarterly from participating life insurance companies since 1966. LifeComps provides a quantifiable investment performance index and serves as a benchmark for privately held commercial real estate mortgages.

About Trepp

Trepp, founded in 1979, is the leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets. Trepp provides primary and secondary market participants with the web-based tools and insight they need to increase their operational efficiencies, information transparency, and investment performance. From its offices in New York, San Francisco, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp is wholly-owned by Daily Mail and General Trust (DMGT). For more information, visit https://www.Trepp.com.

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Jill Judd, NAIFA’s Immediate Past President and State Farm Agent

The LACP is really the perfect certification for State Farm agents, highlighting the knowledge and skills that make us so valuable to our clients. I am please that State Farm is continuing its long history of partnering with NAIFA and approving the LACP.

FALLS CHURCH, Va. (PRWEB)
November 19, 2020

The National Association of Insurance and Financial Advisors (NAIFA) is pleased to announce that State Farm has approved the Life and Annuities Certified Professional (LACP) certification for State Farm agents and is providing incentives for its agents to attain the LACP as evidence of their knowledge of and ethical approach to sales of life and annuity products.

State Farm’s support will allow agents to list the LACP certification behind their name and use the LACP mark in promotional materials to differentiate themselves in the financial services marketplace. State Farm has also agreed to promote the LACP and reimburse its agents for the LACP exam fee.

“This is a great opportunity for my fellow State Farm agents to differentiate themselves in the marketplace and demonstrate to clients and consumers that they are knowledgeable and experienced in the life insurance and annuities space while maintaining high ethical standards,” said Jill Judd, a State Farm agent in Capitola, California, and a Past National President of NAIFA. “The LACP is really the perfect certification for State Farm agents, highlighting the knowledge and skills that make us so valuable to our clients. I am please that State Farm is continuing its long history of partnering with NAIFA and approving the LACP.”

The LACP certification is accredited by the National Commission for Certifying Agencies (NCCA) and complies with the NCCA’s rigid Standards for the Accreditation of Certification Programs. The LACP certification is officially listed in the Financial Industry Regulatory Authority (FINRA) professional designations database, one of only eleven accredited certifications and designations of the hundreds listed with FINRA.

“The industry is recognizing that the LACP certification signifies professionalism, trustworthiness and expert knowledge – all characteristics consumers should look for in a financial professional,” said NAIFA CEO Kevin Mayeux. “The LACP is a benefit to those professionals who are able to achieve it and to the clients they serve. It enhances the personal brand of professionals providing annuities and other life insurance products to clients.”

In addition to State Farm, the LACP has received approval from several other companies, including New York Life, Guardian, Country Financial, SagePoint, Woodbury Financial, Royal Alliance, FSC Securities and Cambridge Investment Research. The consumer-education nonprofit Alliance for Lifetime Income (ALI) recognizes the importance of the LACP and features holders of the certification in its public information campaigns. NAIFA works with ALI to educate the public and policymakers about the importance of financial products that provide lifetime incomes and the risk many Americans face of outliving their savings during retirement.

ABOUT NAIFA: Founded in 1890, NAIFA is the oldest, largest and most prestigious association representing the interests of financial services professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for financial services professionals and called upon members to grow their knowledge while following the highest ethical standards in the industry.

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