RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial Group announced today that it has been selected by Informatica, a leading cloud data management company, as an honoree in its 2019 Innovation Award in the category of Intelligent Disruptor: Next-generation Analytics.
“In today’s dynamic business environment, data has become a critically important asset that can help companies grow, navigate change, and meet the needs of customers,” said Sally Jenkins, executive vice president and chief marketing officer, Informatica. “Companies like Lincoln Financial Group that embrace the power of data and implement cutting-edge data infrastructures strongly position themselves to capture new opportunities, transform their businesses and intelligently disrupt their industries.”
At the center of Lincoln’s recognition is the company’s new LifeIQ data platform. LifeIQ enables Lincoln to centrally store and manage all data related to the company’s Life Insurance business in an integrated, highly-secure, governed environment. LifeIQ provides business users access to up-to-date information on-demand, making it easier to analyze data, extract actionable insights, and make more-informed business decisions on matters ranging from product development to the customer experience.
“The life insurance industry is rapidly evolving with customers looking for insurance products that offer financial planning flexibility, and simpler, faster, high-tech buying and service experiences,” said David Ramthun, vice president of data analytics and financial strategy for Life Solutions, Lincoln Financial Group. “Staying ahead of the curve requires nimble, analytics-led decision making and strategies, which is why at Lincoln, business and IT came together to develop LifeIQ. The platform has unleashed the true power of our data so that we can continue to advance the life insurance business model in response to customer needs. It’s an honor to be recognized by Informatica as a leader in analytical capabilities across industries.”
The Informatica honor underscores Lincoln’s commitment to advancing the life insurance business model through the use of technology. Other recent examples include the expansion of its automated underwriting technology and the launch of its online case tracker for advisors.
About Lincoln Financial Group
Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $253 billion in assets under management as of March 31, 2019. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Additionally, Lincoln is dedicated to upholding a diverse and inclusive organization and was recognized by Forbes as one of the Best Large Employers, Best Employers for Diversity, and Best Employers for Women and received a perfect score of 100 percent on both the Corporate Equality Index and Disability Equality Index. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.