MassMutual Expands Covid-19 Free Life Insurance Program Nationwide
To encourage those frontline health-care employees influenced by that the coronavirus, Massachusetts Mutual Life Insurance Company (MassMutual) has announced the nationwide growth of its HealthBridge application, which offers qualified health-care employees at accredited health-care facilities with complimentary long-term life insurance coverages. All these guaranteed-issue policies will be compensated to trusts from the title of beneficiaries for around $25,000 in case of a policyholder’s death.
Formerly, HealthBridge was just accessible MassMutual’s home conditions, in addition to those hardest hit by the pandemic. It is going to now be accessible to health-care employees nationally.
MassMutual is headquartered in Springfield, Mass.
Actual Intelligence Launches Risk Management Projection Program
Actual Intelligence LLC, a financial technology and support company headquartered in Fairfield, Conn., has established an program named Dynamic Map that enables wealth managers to lower their customers’ investment risk.
Jeff Mount, the company’s founder and CEO, states risk management means having the ability to adapt to sudden disasters like the existing Covid-19 pandemic. The brand new program can project the impact of a range of potential dangers on a client’s portfolio.
Dynamic Map functions as an instinctive financial plan, allowing tactical decision-making by instantly displaying the results of investment choices. Even though the program isn’t a complete budget, it implements complicated calculations and provides the effect in a way that’s readily understood.
The program is now available on the iPad and Samsung (Android) tablets. A mobile app is scheduled for release on August 7 and will be available in the Apple app store and the Google Play Store.
Palladiem Introduces Two New Direct Indexes
Palladiem LLC, an investment management firm headquartered in Wayne, Pa., has launched two new direct indexes in partnership with IDX Insights in Scottsdale, Ariz. One is the Risk Managed Gold Index (GRIN). The other is the Crypto Opportunity Index (COIN). These are available as separately managed portfolios.
The strategies are designed to provide diversification away from equities and bonds and also to blunt the downside risk of holding gold and cryptocurrencies in long-only positions.
Seton Hall Debuts Fintech Major For Undergrads
The Department of Finance at the Stillman School of Business at Seton Hall University in South Orange, N)J., has launched a finance along with technology major for undergraduates.
Students studying finance now have three areas from which to select their major: finance; mathematical finance; and finance and technology, often referred to as “fintech.”
The curriculum includes 24 credits with courses such as Technology of Finance; Financial Strategy; Business Intelligence; Business Applications of Machine Learning; Financial Modeling; Business Information Modeling; Portfolio Analysis; Introduction to Programming; Advanced Software Tools; and Corporate Risk Management.
For further information on also the program, see www.shu.edu.