The COVID-19 pandemic is forcing insurers to rethink their organizational models and adjust to a digital new normal. Insurers are adapting to virtualized work and revamping workflows that previously required in-person, on-prem interaction.
April 15, 2020 by Aite-Novarica Media
Novarica is shifting to an all-virtual events calendar for 2020, and we’re taking advantage of this virtualization to reconfigure our events plan slightly. All events are listed at https://novarica.com/events/
April 14, 2020 by Eric Weisburg
April 13, 2020 by David O'Connell
The challenge of getting all that Paycheck Protection Program (PPP) money out to businesses is the inverse of what’s going on with the pandemic itself. At the same time that the U.S. is trying to avoid a spike in demand for its healthcare infrastructure, it is actually invoking for its small-and-midsize-business (SMB) lending infrastructure a 100-year storm in lending demand. Unsurprisingly, the outcomes are mixed. And the longer the lending infrastructure takes to come up with the not-so-easy improvisations and adaptations to pipe out all that PPP money, the more businesses will suffer, the more payrolls won’t get met, and the more financial pain individuals will feel.
April 13, 2020 by Aite-Novarica Media
Kara Hoogensen is SVP for Group and Retirement Services at Principal Financial Group. During her career at Principal, she has held a variety of leadership roles, including VP for Group Benefits, CEO of Principal Bank and Principal Securities, Inc., and Managing Director at Principal Funds. She holds a BA from Central College. Kara spoke with Novarica in early April, during the pandemic crisis.
What’s been the biggest surprise for you about the process of converting your team to working from home?