Genworth Financial, Inc. (NYSE:GNW) has awarded three of its partners, MetLife, Inc (NYSE:MET)

Posted by Steve Raasch July 9, 2013 0 Comment 2173 views

Genworth Financial, Inc. (NYSE:GNW) has awarded three of its partners with Strategic Alignment Award, Value Creation Award and the Platinum Award for Supplier of the Year to American Express, EXLService Holdings and ExamOne respectively. The company has honored there three partners with these awards for their exceptional contribution to Genworth’s performance and success in the past fiscal year 2012.

American Express is a global strategic supplier which through its payment programs is helping Genworth to provide an accelerated supplier terms thereby improving its stream of cash flows and improve its financial strength and flexibility.

EXL is a third party Administrator which is in partnership with Genworth since 2011 and is managing the company’s run off variable annuity business. EXL has demonstrated its capabilities to create value for Genworth through its innovations. EXL’s focus on the training and quality is evident from the volume of Genworth’s annuity business. EXL is continuously rendering its service with enhanced working quality which helps Genworth to achieve its goal.

ExamOne provides health-risk assessment services to the life insurers. Examone is in partnership with Genworth since 1991 and has provided new business underwriting services to Genworth. ExamOne has executed its key aspects of strategies to improve the new business profile of its life and long term insurance products with the enhanced IT application process of Genworth. ExamOne’s services are cost effective and are constantly supporting the company with its distribution commitments towards the two new programs of Genworth.

The alliances of these companies to work as one team have made Genworth a leading global financial company.

MetLife, Inc (NYSE:MET) provides insurance, employee benefits and financial services having its operations in the United States, in the regions of Latin America, Asia Pacific Europe and Middle East and India. Recently the company has declared a quarterly dividend payment of $0.275 which represents an annualized yield of 2.45%.

About Steve Raasch

Steve Raasch is a breaking news reporter for GDP insider. During his nearly two decades of editorial experience, Steve has covered a variety of topics including small business, health, personal finance, advertising, workplace issues and consumer behavior. Steve is very passionate about his work. Steve earned a master of arts degree in international relations from the Johns Hopkins University School of Advanced International Studies in Washington.

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