Posts Tagged ‘Life Assurance’
Social Media Helps Insurance Aggregator
January 4, 2012
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Online polls used to generate interest within Internet communities.
Insurance Networking News, January 3, 2012
Online Insurance Marketplace, an online community for educated consumers to shop and access quotes for insurance plans from various companies, has taken its social media efforts to a new level, promoting life insurance on its Facebook page by offering a simple poll question.
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The question: “How Important is Life Insurance to You?” resulted in unanimous results, notes the company. In the poll, the possible answers were: very important, important, not that important, and I don’t care. Although the aggregator’s Facebook page counts 40,485 people among those that “like” it, the Facebook page notes that five respondents actually took the poll.
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Though responses are few, this latest poll is one of a series of Facebook promotions the company has used to garner client interest. Previous Facebook entries include “what is your stress level?”; “what do you think is the best way to lose weight?”; “should you get life insurance if you do not have children?”; and “if you could afford only one insurance policy, which one would be most important to you?”
From the company’s site, individuals interested in where to buy term life insurance can read about the company, and then can choose to ‘like’ the Facebook Platform page in order to follow the company’s news, or mention the company in one of their posts. On this site, clients have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
The site also makes “call a live agent” available to those who would like to speak to a real person.
For more information on related topics, visit the following channels:
- Customer Service
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Friends Life-AMMB in family takaful venture
January 4, 2012
FRIENDS Life PPL Ltd, a UK-based pension, life and investment firm will roll out a family takaful business in Malaysia with its local partner AMMB Holdings Bhd this year.
It is understood that the joint venture, AmFamily Takaful Bhd, will offer three major products lines, namely protection, investment-linked savings and pensions.
According to a spokesperson, AmFamily Takaful, which is 30 per cent owned by Friends Life, plans to launch the products in the first quarter of 2012.
“This is an exciting development and position us well to participate in the ongoing growth in the Asian region,” Friends Life international managing director John Van Der Wielen said in a statement.
Friends Life has appointed Wan Zamri Wan Zain as AmFamily Takaful chief executive officer.
Last month, Friends Life announced that it has signed a shareholders’ agreement with AMMB Holdings, a wholly-owned subsidiary of AmBank Group, for the takaful joint venture.
The initial paid-up capital of AmFamily Takaful is RM100 million, of which Friends Life will contribute RM30 million in cash, with the remaining RM70 million from AmBank Group.
Friends Life already has a life insurance joint venture with AmBank group, with a 30 per cent stake in AmLife Insurance Bhd.
Friends Life is a subsidiary of London-listed financial group Resolution Ltd’s Friends Provident International, part of Friends Life Group that provides life, pension and investment products in Asia, the Middle East and the UK.
Friends Life’s takaful venture with AmBank Group is among the four new family takaful licences granted by Bank Negara Malaysia in 2010.
The other three licences were given to joint ventures led by ING Management Holdings (Malaysia) Sdn Bhd, the Great Eastern Life Asurance Co Ltd and American International Assurance Bhd (AIA).
The new family takaful joint ventures, namely ING Public Takaful Ehsan, Great Eastern Takaful and AIG AFG Takaful were launched in December 2010, January 2011 and April 2011 respectively.
With the new licences, Malaysia’s takaful penetration is expected to reach 18 per cent by 2013.
According to the central bank, family takaful grew 28 per cent annually over the past five years, representing 80 per cent of the total takaful market in Malaysia.
Net contributions from family takaful amounted RM3.4 billion in 2010, up from RM2.7 billion in 2009.
According to an official with Friends Life, Bank Negara’s strategic intent for Malaysia to be a world class and leading Islamic finance centre is also a key factor driven takaful business potential.
Congress agitation continues to retain name of Indira Bhavan
January 4, 2012
Published on Tue, Jan 03, 2012 at 16:32 | Source : PTI
Updated at Tue, Jan 03, 2012 at 16:36
Posted in Life Assurance Information | 
Tags: Congress, congress agitation, indira, Life Assurance, PTI, source, Updated
Brooks Automation Announces Expansion of Life Science Systems Business With …
January 3, 2012
CHELMSFORD, Mass., Jan 3, 2012 (GlobeNewswire via COMTEX) –
Brooks Automation, Inc.
/quotes/zigman/90143/quotes/nls/brks BRKS
+1.36%
, a leading worldwide provider of automation, vacuum, and instrumentation solutions for multiple markets including semiconductor manufacturing, life sciences, and clean energy, today announced that it had completed the acquisition of the Celigo(R) Cell Cytometer product line from Cyntellect Inc., a privately held life sciences Company based in San Diego.
Introduced to the market in early 2010, Celigo has become one of the most rapidly adopted cell imaging systems based on its unique combination of high-throughput, ease-of-use, and affordability. The installed customer base for Celigo includes many of the top pharmaceutical, biotechnology, and academic institutions worldwide.
As part of the transaction, the majority of Cyntellect’s employees who have supported Celigo since inception are being moved to Brooks’ nearby facility in Poway, CA, providing for a seamless transition of the key engineering, manufacturing, and RD capabilities, as well as the field based sales and support personnel.
Dr. Steve Schwartz, President and CEO of Brooks, stated, “The Celigo cellular imaging product line is an impressive addition to our family of stand-alone instrumentation products used by many of our automated sample management system life sciences customers. It joins a growing portfolio of high productivity automated solutions for the analysis, handling and testing of biological and compound samples prior to and following their storage in our automated sample management systems.”
Dr. Schwartz continued, “The Celigo cell cytometer enables microplate-based high-throughput, high-content, brightfield and fluorescence cellular imaging and analysis, with minimal sample manipulation.”
Saiid Zarrabian, President and CEO of Cyntellect, stated, “We are thrilled to have found a tremendous partner in Brooks to take Celigo to the next level. When combined with Brooks’ world-class infrastructure, global commercial reach and worldwide customer support, Celigo will have the opportunity to penetrate markets that otherwise weren’t accessible to Cyntellect. We are confident that Celigo’s rapid early market penetration will be greatly accelerated by Brooks.”
The purchase price was disclosed as up to approximately $9.2 million with settlement of part of the purchase price deferred for a six month period.
About Brooks Automation, Inc.
Brooks is a leading worldwide provider of automation, vacuum and instrumentation solutions for multiple markets including semiconductor manufacturing, life sciences, and clean energy. Our technologies, engineering competencies and global service capabilities provide customers speed to market, and ensure high uptime and rapid response, which equate to superior value in their mission-critical controlled environments. Since 1978, we have been a leading partner to the global semiconductor manufacturing market and through product development initiatives and strategic business acquisitions; we have expanded our reach to meet the needs of customers in the life sciences industry, analytical research markets and clean energy solutions. Brooks is headquartered in Chelmsford, MA, with direct operations in North America, Europe and Asia. For more information, please visit
www.brooks.com .
“Safe Harbor Statement” under Section 21E of the Securities Exchange Act of 1934
Some statements in this release are forward-looking statements made under Section 21E of the Securities Exchange Act of 1934. These statements are neither promises nor guarantees but involve risks and uncertainties, both known and unknown, that could cause Brooks’ financial and business results to differ materially from our expectations. They are based on the facts known to management at the time they are made. These forward-looking statements include statements regarding future adoption of new technologies and our ability to develop further our business. Factors that could cause results to differ from our expectations and other risks that we have identified are described in our filings with the Securities and Exchange Commission, including but not limited to our Annual Report on Form 10-K, current reports on Form 8-K and our quarterly reports on Form 10-Q. As a result we can provide no assurance that our future results will not be materially different from those projected. Brooks expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based. Brooks undertakes no obligation to update the information contained in this press release.
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Brooks Automation, Inc.
CONTACT: Barbara Culhane
Corporate Marketing Manager
Brooks Automation, Inc.
978-262-2400
barbara.culhane@brooks.com
John Mills
Senior Managing Director
ICR, LLC
310-954-1105
john.mills@icrinc.com
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
/quotes/zigman/90143/quotes/nls/brks
Add BRKS to portfolio
Brooks Automation Announces Expansion of Life Science Systems Business With …
January 3, 2012
CHELMSFORD, Mass., Jan 3, 2012 (GlobeNewswire via COMTEX) –
Brooks Automation, Inc.
/quotes/zigman/90143/quotes/nls/brks BRKS
+1.36%
, a leading worldwide provider of automation, vacuum, and instrumentation solutions for multiple markets including semiconductor manufacturing, life sciences, and clean energy, today announced that it had completed the acquisition of the Celigo(R) Cell Cytometer product line from Cyntellect Inc., a privately held life sciences Company based in San Diego.
Introduced to the market in early 2010, Celigo has become one of the most rapidly adopted cell imaging systems based on its unique combination of high-throughput, ease-of-use, and affordability. The installed customer base for Celigo includes many of the top pharmaceutical, biotechnology, and academic institutions worldwide.
As part of the transaction, the majority of Cyntellect’s employees who have supported Celigo since inception are being moved to Brooks’ nearby facility in Poway, CA, providing for a seamless transition of the key engineering, manufacturing, and RD capabilities, as well as the field based sales and support personnel.
Dr. Steve Schwartz, President and CEO of Brooks, stated, “The Celigo cellular imaging product line is an impressive addition to our family of stand-alone instrumentation products used by many of our automated sample management system life sciences customers. It joins a growing portfolio of high productivity automated solutions for the analysis, handling and testing of biological and compound samples prior to and following their storage in our automated sample management systems.”
Dr. Schwartz continued, “The Celigo cell cytometer enables microplate-based high-throughput, high-content, brightfield and fluorescence cellular imaging and analysis, with minimal sample manipulation.”
Saiid Zarrabian, President and CEO of Cyntellect, stated, “We are thrilled to have found a tremendous partner in Brooks to take Celigo to the next level. When combined with Brooks’ world-class infrastructure, global commercial reach and worldwide customer support, Celigo will have the opportunity to penetrate markets that otherwise weren’t accessible to Cyntellect. We are confident that Celigo’s rapid early market penetration will be greatly accelerated by Brooks.”
The purchase price was disclosed as up to approximately $9.2 million with settlement of part of the purchase price deferred for a six month period.
About Brooks Automation, Inc.
Brooks is a leading worldwide provider of automation, vacuum and instrumentation solutions for multiple markets including semiconductor manufacturing, life sciences, and clean energy. Our technologies, engineering competencies and global service capabilities provide customers speed to market, and ensure high uptime and rapid response, which equate to superior value in their mission-critical controlled environments. Since 1978, we have been a leading partner to the global semiconductor manufacturing market and through product development initiatives and strategic business acquisitions; we have expanded our reach to meet the needs of customers in the life sciences industry, analytical research markets and clean energy solutions. Brooks is headquartered in Chelmsford, MA, with direct operations in North America, Europe and Asia. For more information, please visit
www.brooks.com .
“Safe Harbor Statement” under Section 21E of the Securities Exchange Act of 1934
Some statements in this release are forward-looking statements made under Section 21E of the Securities Exchange Act of 1934. These statements are neither promises nor guarantees but involve risks and uncertainties, both known and unknown, that could cause Brooks’ financial and business results to differ materially from our expectations. They are based on the facts known to management at the time they are made. These forward-looking statements include statements regarding future adoption of new technologies and our ability to develop further our business. Factors that could cause results to differ from our expectations and other risks that we have identified are described in our filings with the Securities and Exchange Commission, including but not limited to our Annual Report on Form 10-K, current reports on Form 8-K and our quarterly reports on Form 10-Q. As a result we can provide no assurance that our future results will not be materially different from those projected. Brooks expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based. Brooks undertakes no obligation to update the information contained in this press release.
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Brooks Automation, Inc.
CONTACT: Barbara Culhane
Corporate Marketing Manager
Brooks Automation, Inc.
978-262-2400
barbara.culhane@brooks.com
John Mills
Senior Managing Director
ICR, LLC
310-954-1105
john.mills@icrinc.com
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
/quotes/zigman/90143/quotes/nls/brks
HSBC Life launches its Inheritance Planning Proposition – DI
January 3, 2012
“HSBC Life’s enhanced product is a unique development for the local market, offering cover up to a customer’s 100th birthday and helping protect their wealth when it is passed on to their loved ones. This extended protection is great news for our customers whose assets may otherwise have been reduced before ever reaching their beneficiaries,” said James Hewitson, Managing Director of HSBC Life Assurance (Malta) Ltd.
More information about inheritance planning and HSBC Life Assurance (Malta) Ltd may be obtained from HSBC’s Customer Service on 2380 2380, at www.hsbc.com.mt, or in HSBC branches around Malta and Gozo.
Posted in Quotes Life Assurance | Tags: 100th birthday, Assurance, gozo, great news, hewitson, hsbc branches, inheritance, Life Assurance, local market, Ltd, product, Proposition, Quotes Life Assurance
Kansas insurance commissioner urges soldiers returning from Iraq to review …
January 2, 2012
TOPEKA, Kan. — The top insurance regulator in Kansas says military personnel returning from Iraq should review their life insurance coverage
Praeger says veterans who want to supplement that coverage or move to private coverage need to examine whether policies exclude coverage for war-related deaths or deaths that occur in traveling on noncommercial aircraft.
Insurance Commissioner Sandy Praeger (PRAY’-guhr) also is offering tips to military families in case they consider altering their coverage. For example, she notes that people soliciting insurance sales on military bases must have permission from the U.S. Defense Department.
The U.S. Veterans Administration already offers low-cost life insurance coverage of up to $400,000 to service members on active duty, and it allows them to switch that coverage to a different program for veterans after they leave active duty.
Praeger says veterans who want to supplement that coverage or move to private coverage need to examine whether policies exclude coverage for war-related deaths or deaths that occur in traveling on noncommercial aircraft.
HSBC Life launches its Inheritance Planning Proposition
January 2, 2012
HSBC Life Assurance (Malta) Ltd is announcing an exciting enhancement to its protection product range – the maximum term on the HSBC Life Personal Protector Plan has been extended so that customers of age 44 and over can now apply for life assurance cover up to their 100th birthday. In doing so, HSBC Life is providing potential customers with the opportunity to access better protection for the preservation of the wealth left behind for beneficiaries, helping ensure that their accumulated wealth is passed on wholly and intact.
“HSBC Life’s enhanced product is a unique development for the local market, offering cover up to a customer’s 100th birthday and helping protect their wealth when it is passed on to their loved ones. This extended protection is great news for our customers whose assets may otherwise have been reduced before ever reaching their beneficiaries,” said James Hewitson, Managing Director of HSBC Life Assurance (Malta) Ltd.
More information about inheritance planning and HSBC Life Assurance (Malta) Ltd may be obtained from HSBC’s Customer Service on 2380 2380, at www.hsbc.com.mt, or in HSBC branches around Malta and Gozo.
Market Report, "AIA Korea: Company Profile and SWOT Analysis", published
January 2, 2012
2012-01-02 01:00:14 – New Financial Services market report from World Market Intelligence: “AIA Korea: Company Profile and SWOT Analysis”
This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company’s business.
WMI’s ‘AIA Korea: Company Profile and SWOT Analysis’ report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format.
WMI strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.
Key Highlights
AIA Korea is a provider of life insurance products and services. The company offers products such as accident insurance, family insurance, savings insurance, health insurance, term life insurance, medical and dental insurance and child care insurance. It also provides financial services such as consultations and financial
advice. The company offers these product and services through different channels such as master plan channel, which includes the service of financial consulting experts; direct channel comprising of telemarketing and direct channels of insurance products; bancassurance channel, which offers pension plans, stock quotes and financial instruments and bank-specific marketing strategies; hybrid Channel, which offers a combination of services of all channels to suit consumers needs; and group sales channels specializing in group insurance and group corporate sales. AIA Korea is a subsidiary of American International Assurance Company Limited. The company is headquartered in Seoul, South Korea.
Full Report Details at
– www.fastmr.com/prod/290695_aia_korea_company_profile_and_swot_an ..
Scope
* Examines and identifies key information and issues about ‘AIA Korea’ for business intelligence requirements
* Studies and presents the company’s strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported
* The profile also contains information on business operations, company history, major products and services, prospects, key employees, locations and subsidiaries
Reasons to Purchase
* Quickly enhance your understanding of the company
* Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry
* Recognize potential partnerships and suppliers
Report Table of Contents:
1 Business Analysis
1.1 Company Overview
1.2 Business Description
1.3 Major Products and Services
2 SWOT Analysis
2.1 SWOT Analysis – Overview
2.2 Strengths
2.3 Weaknesses
2.4 Opportunities
2.5 Threats
3 History
4 Key Employees
5 Appendix
5.1 Methodology
5.2 Disclaimer
List of Tables
Table 1: Major Products and Services
Table 2: History
Table 3: Key Employees
About World Market Intelligence
World Market Intelligence publishes in-depth strategic intelligence reports across many key industries. WMI’s reports draw on in-depth primary and secondary research, proprietary databases and high quality analysis from their expert teams. Data and analysis at the company, country and industry level includes competitor and market data, valuations, trends and forecasts. View more research from World Market Intelligence at www.fastmr.com/catalog/publishers.aspx?pubid=1023
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world’s top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.
Posted in Life Assurance Information | Tags: american international assurance, american international assurance company, Analysis, insurance, insurance term life, Intelligence, intelligence requirements, Life Assurance, life insurance products, market, primary and secondary sources, seoul south korea, term life insurance
Grant, Hinkle and Jacobs, San Diego’s #1 Life Insurance Company Launches …
January 1, 2012
Grant, Hinkle and Jacobs, San Diego’s #1 Life Insurance Company Launches Online Video Series
San Diego, California (PRWEB) January 01, 2012
Grant, Hinkle and Jacobs a leader in San Diego Life Insurance. Key Man Insurance and Busines Life Insurance, announced the roll out of its “Permant and Term Life Insurance Video Learning Series”, which is designed to help educate consumers about the ins and outs of permanent and term life insurance policies.
In the series, David Jacobs, Partner of Grant, Hinkle and Jacobs walks consumers through the basics of buying or updating their permanent and term life insurance. Topics include:
How much permanent or term life insurance coverage do I need?
What types of life insurance to avoid?
Tips for choosing a life insurance policy or professional.
How to find discount term life insurance.
And more!
“Whether you aren’t sure how permanent or term life insurance fits into your life, concerned about how much to buy or are preparing for retirement, we’ll educate you on the most basic information you need to know before you begin shopping around for life insurance,” says Jacobs.
With years of industry knowledge, David Jacobs is widely acknowledged as one of the nation’s foremost life insurance and annuity industry experts. Jacobs has written numerous industry articles about permanent and term life insurance and been cited in hundreds of business publications, financial books, and other periodicals. His expertise is often called upon by the national media among many others to comment on various life insurance issues.
“This is a valuable video learning series for any person thinking about buying life insurance, whether it’s permanent or term life they are looking for,” said Jacobs. The video learning series vignettes can be viewed at GHJinsurance.com.
About Grant, Hinkle and Jacobs
Grant, Hinkle and Jacobs is second generation firm focused on delivering Life Insurance Services, Asset Protection, Wealth Transfer Planning and Business Succession Planning. With their long successful history of delivering services the Partners and staff at Grant, Hinkle and Jacobs have become known for their ability to deliver the absolute best solutions for wealthy families, business owners and planning professionals. With a rare combination of Law Degrees, Certified Financial Planner designations and deep understanding of complex Taxation and Business laws and operations, GHJ is ready and able to serve their customers with proven qualifications and expertise, backed by industry leading customer service. To learn more about Grant, Hinkle and Jacobs, please call 858-350-4000 or visit www.ghjinsurance.com. Local customers can also stop their San Diego office at;
Grant, Hinkle and Jacobs
462 Stevens Avenue, Suite 302
Solana Beach, California 92075
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For the original version on PRWeb visit: www.prweb.com/releases/prwebsan-diego-life-insurance/san-diego-term-insurance/prweb9071899.htm