Business Briefs for May 5
Fischer honored by Thrivent Financial for outstanding performance
Trent Fischer of Tracy, a financial associate with Thrivent Financial, has qualified to attend the Peak Performers conference as a Sierra Level qualifier by providing outstanding financial guidance and solutions to members of the organization in 2013. Out of about 2,300 Thrivent Financial representatives nationwide, 640 individuals qualified for this honor.
Fischer is with Thrivent Financial’s Two Rivers Regional Financial Office, and serves members in Marshall and surrounding communities.
Fischer will be recognized by his peers from across the country at Thrivent Financial’s annual conference in Chicago.
Minnesota Northwestern Mutual policyowners received $137M in insurance dividends in 2013
Northwestern Mutual reported that its policyowners in Minnesota have received $137 million in life and disability insurance dividends in 2013.
This number is expected to increase this year as the company recently announced the largest dividend payment in its history, and in the industry.
A total of $5.2 billion in dividends is expected to be paid to its millions of participating policyowners in 2014. The expected 2014 payout is a record for the perennial industry leader, exceeding its estimated 2013 payout by nearly $200 million.
Marco selected as Cisco SMB Partner of the Year
Cisco recently named Marco, Inc. as its 2013 Central Area Small to Medium Business Partner of the Year. The award was presented to Marco for taking a leadership position in implementing unified communications and cloud networking systems amongst other Cisco technologies. Cisco recognized Marco for creating custom processes designed to help scale resources, extend sales reach and contribute to their growth.
Using these processes and Cisco solutions have allowed us to scale into new markets and provide an extraordinary level of service to our mutual customers,” said Steve Knutson, Chief Technology Officer at Marco.”
A.M. Best affirms Thrivent Financial’s A++ (Superior) rating with stable outlook
A.M. Best has affirmed Thrivent Financial for Lutherans’ A++ (Superior) rating as well as its stable outlook. The A++ (Superior) rating is the highest of the ratings agency’s 16 ratings categories.
A.M. Best cited Thrivent Financial’s leading fraternal market position, favorable and increasing operating earnings trend, solid risk-adjusted capitalization, and prudent asset liability matching. The agency also noted that it believes Thrivent Financial’s overall liquidity profile is sound and its ability to meet policyholder obligations remains very strong.
Thrivent Financial is represented in the Lincoln/Lyon area by the Ridgestone Team, which includes Gregory Nolting and Joshua Johnson at 1411 East College Drive, Marshall.