Prudential Financial, a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of December 31, 2022, has operations in the United States, Asia, Europe, and Latin America. Through our subsidiaries and affiliates, we offer a wide array of financial products and services, including life insurance, annuities, retirement-related products and services, mutual funds, and investment management. We offer these products and services to individual and institutional customers through proprietary and third-party distribution networks.
For more information, please visit www.investor.prudential.com.
Local strengths and USP’s
Disability claim automation reduced processing time by 29%. Automated disability claims streamlined data intake for quicker initial decisions and claim extensions. Expanded two way texting for real time communication between claimants and claim managers
No death certificate needed for life claims under $1 million. Enhanced evidence of insurability process integrating an artificial intelligence model to streamline email/SMS communications resulting in: 78% increase in instant decisions, up to 77% short form approval rate, 94% total applications approved, 98% of applicants did not require paramedical exam.
PruExchange, a connected, seamless benefits framework to help make onboarding smoother, enrollments easier and administration simpler.
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ.
©2023 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
1053319-00001-00
Benefits
- Insurable benefits: Life, Accident, and Disability
LIFE: Basic, Optional & Dependent Term Life | Group Universal Life and Group Variable Universal Life | Basic and Optional Accidental Death & Dismemberment | Business Travel Accident
DISABILITY: Short-Term Disability | Long-Term Disability | Integrated Short & Long-Term Disability | Disability & Absence Management Solutions | Paid Family Leave
SUPPLEMENTAL HEALTH: Critical Illness | Accident | Hospital Indemnity
PENSIONS: Managed Funds | Pension Risk Transfer
OTHER: Captive Reinsurance | Multinational Pooling | Retiree Benefit Funding and Buyout Solutions
- Poolable benefits: Life and Disability
Minimum lives criteria for pooling
A minimum of 100 lives
Minimum lives to offer a local group contract
A minimum of 100 lives
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ.
©2021 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
1053319-00001-00
Jesse Ogushwitz
+1 973 548 5696
jesse.ogushwitz@prudential.com
www.prudential.com
Prudential Financial
751 Broad Street
Newark, New Jersey 07102
United States
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ.
©2021 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
1053319-00001-00
CLAIMS PROCESSING (TTD*)
-
Death claims
5
-
Disability claims
10
-
Medical claims
NA
-
Retirement claims
NA