Archive

Go to:

September 2017
SMTWTFS
12
3456789
10111213141516
17181920212223
24252627282930
< Aug Oct >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

CUNA Mutual Group Ranks No. 19 in 2013 InformationWeek 500
Wednesday, September 11, 2013 6:50 AM

The CUNA Mutual Group has been ranked No. 19 in this year’s InformationWeek 500 – a list of the top technology innovators in the U.S. The company was honored for its Retirement Radar mobile annuity planning application.

It is the 11th year CUNA Mutual Group has been named to the InformationWeek 500 and the second time it has ranked in the Top 20. It was the highest-ranked insurance company on the 2013 list, which was announced Monday and can be found at www.informationweek.com/500.

“We are extremely honored by our No. 19 ranking for this year’s InformationWeek 500,” said Rick Roy, CUNA Mutual Group senior vice president and chief information officer. “As a company, we are very focused on developing mobile products and services that not only deliver the best customer experience for credit union members, but also strengthen market share for credit unions.

“Applications like Retirement Radar help engage members in the complex process of retirement planning,” added Roy. “Radar builds upon the credit union movement’s principle of helping people reach their financial future, and delivers a new advantage for credit union financial advisory programs in the mobile arena.”

Retirement Radar is a tablet/mobile-optimized Web application using gamification principles to create an improved, more pleasant customer engagement between customers and their financial advisor. The gamified approach illustrates a customer’s retirement “radar” through life element icons, such as age and gender, asset size, risk tolerance, and legacy plans to illustrate the best retirement revenue plan.

Launched in November 2012, Retirement Radar has been a key component of CUNA Mutual Group’s strategy to grow lifetime annuity sales. The number of financial advisors regularly selling its lifetime annuity product line increased from 30 to 100 in one year, and the company plans to expand this advisor count to 750 by 2016. Radar’s innovative design has quickly generated market “buzz,” with potential new distribution partners and sales channels within the insurance and financial services industries. 

“The theme of this year's InformationWeek 500 is digital business. It's a movement, rooted in data analytics, mobile computing, social networking and other customer‐focused technologies that are turning companies and industries on their ear,” said InformationWeek Editor-In-Chief Rob Preston.

“Every enterprise is now a digital business — or needs to become one fast. The companies in our ranking are leading the way.”

InformationWeek identifies and honors the nation's most innovative users of information technology with its annual InformationWeek 500 listing and also tracks the technology, strategies, investments, and administrative practices of some of the best‐known organizations in the country.