Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B

By L.S. Howard | May 16, 2024 Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strategic review. The iptiQ business lost $250 million in 2023, but the loss was projected to be less in 2024. Nevertheless, Swiss Re decided its capital would be better used for its core activities, according to John Dacey, Swiss Re’s chief financial officer, during a media call to discuss the group’s first quarter results. Options for iptiQ could include potential sales, managing the business tighter for those activities that are very close to breakeven, and putting into runoff
Read More

Categories: Industry News and Medicare Supp./Adv..

GoldenCare Newsletter | May 6, 2024

  Read Full GoldenCare Newsletter,  May 6, 2024 Edition In this GoldenCare Newsletter Edition Webinars:   Extended Care Sales Made EASY! Wed, May 8, 2024 11:00 AM  to  12:00 PM CDT   OmniFlex: Power in Personalized Plan Designs Thurs, May 9, 2024 10:00 AM  to  10:30 AM CDT GoldenCare’s new “Words.Of.Wisdom” Webinar Series Pre-Recorded Video Showcase Register for the Next Wow Event: Thursday, June 6, 11 AM Eastern Client Sale A – Z  Tom Randall’s “Words.Of.Wisdom” webinar series offers expert sales strategies, product planning insights, and insider tips on various topics. Don’t miss this opportunity to enhance your skills and
Read More

Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Manhattan Life, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), OmniFlex, Short-Term Care, Thrivent, and True Freedom.

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Why Do Medicare Clients Need Dental and Cancer Insurance? – April Webinar Discover why Medicare clients need Dental and cancer insurance and how to approach the subject.   Why Your Clients Should Be Using Customer Access Help your clients access and manage their Mutual of Omaha account through our secure Customer Access portal.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Heads Up – Have You Checked Your Balance? Learn and earn with Marketing Credits in 2024 and get reimbursed for your select
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Long-Term Care Insurance Product Updates

Long-Term Care Insurance Product Updates Effective June 3, 2024, the Maximum Monthly Benefit will increase from $10,000 to $15,000 on our MutualCare Solutions long-term care products! This will allow clients to access additional benefits if needed and provide a greater sense of security if a long-term care event occurs. Monthly benefit amounts range from $1,500 to $15,000 per month with this new increase*. The total Maximum Monthly Benefit, including long-term care coverage from other companies, will also increase to $15,000. With this change we will be removing the 60-month benefit multiplier on our Secure product. The $500,000 policy limit cap
Read More

Categories: Accident Insurance, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | April 22, 2024

  Read Full GoldenCare Newsletter,  April 22, 2024 Edition In this GoldenCare Newsletter Edition Webinars: GoldenCare’s new “Words.Of.Wisdom” Webinar Series Tom Randall’s “Words.Of.Wisdom” webinar series offers expert sales strategies, product planning insights, and insider tips on various topics. Don’t miss this opportunity to enhance your skills and stay ahead in your industry. Register now for actionable insights and practical advice from industry experts. Our team has spent weeks pouring over the research and we’ve identified STUNNING gaps in coverage that pose significant risk to your clients. Join Tom Randall for his Words.Of.Wisdom to learn how you can be a HERO to your
Read More

Categories: GoldenCare News, Industry News, Long-Term Care, Manhattan Life, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), OmniFlex, Short-Term Care, Thrivent, and True Freedom.

South Carolina Tobacco Rating Change and Customer Refunds

Tobacco rating changes have been made in the state of South Carolina. The State of South Carolina has provided us with additional clarification on how we should be using the Tobacco rating during Open Enrollment (OE) and Guaranteed Issue (GI) situations on the Mutual of Omaha block of business. Moving forward, we will no longer be using Tobacco rating during OE/GI situations. We have updated our materials and internal system with this change. Attached is the revised Underwriting Guidelines which include those changes. Customers that were charged using this rating will receive notification letters in the mail that will state
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Earn More In 2024 – Broker Bonus Just by writing Mutual of Omaha Med supp business, you can earn some easy cash back into your pocket.   Updated Supply Order Form Effective immediately, please use the newest Supply Order Form to order Senior Solutions prospecting materials.   Mutual of Omaha is Innovating for You Mutual of Omaha is committed to providing innovative solutions for a better producer experience.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   2024 Wisconsin Med Supp Buyer’s Guide is Available The 2024 Wisconsin Buyer’s Guide is available to download or
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   How to Close Medicare Supplement Sales – March Webinar The ABCs of how to prospect to Medicare age clients and tools to help close the sale.   Mutual of Omaha’s Updated Contact Card If you are unsure who to contact for your Medicare Solutions questions, don’t forget to use our handy contact card.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Personalized URLs for Med Supp and Dental are now available You
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Now Available: 2024 Medicare Supplement Buyers Guide

Please be advised that the 2024 version of the Medicare buyer’s guide, Choosing a Medigap Policy: A Guide to Health Insurance for People with Medicare, has been released by the Centers for Medicare & Medicaid Services (CMS). Please note that physical copies are not yet available, and are not anticipated for 2 to 3 weeks. GoldenCare can begin accepting requests. Orders will be shipped in the order received.   Click here to view/print the 2023 PDF document.   #goldencareagent #genworth
Read More

Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..