ST. LOUIS, MO -- (Marketwired) -- 06/05/13 -- Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life reinsurer, has been named as a recipient of the 2013 CIO 100 awards. The annual award program, sponsored by CIO magazine, a publication of IDG Enterprise (IDG), recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
CIO magazine announced the names of the winners in its June 1st issue, and will publish an article about the awards in its August issue. Each year, CIO magazine recognizes 100 organizations that have distinguished themselves by creating business value though the effective and innovative use of IT.
"For 26 years now, the CIO 100 awards have honored the innovative use of technology to deliver genuine business value," said Maryfran Johnson, Editor-in-Chief of CIO magazine & events. "Our 2013 winners are an outstanding example of the transformative power of IT to drive everything from revenue growth to competitive advantage."
Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards Ceremony on August 13 at The Broadmoor in Colorado Springs, Colorado. Patti Treis, Vice President and General Manager of AURA, RGA Reinsurance Company, who will accept the award on behalf of RGA, commented "It is very gratifying that the CIO 100 awards recognized our first-to-market automated underwriting solution for impaired annuities in the U.K. This Cloud-based solution, which continues RGA's tradition of providing leading-edge IT products and services, has achieved high acceptance by insurers."
RGA, which is celebrating its 40th anniversary in 2013, is one of the largest providers of life reinsurance in the world. The company serves clients in more than 60 countries, providing expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting and product development. RGA is the leading facultative reinsurer in the life insurance industry, employing its expertise and capacity to help clients around the world solve problems associated with impaired risk and large cases.
Reinsurance Group of America, Incorporated is one of the largest global providers of life reinsurance, with operations in Australia, Barbados, Bermuda, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Malaysia, Mexico, the Netherlands, New Zealand, Poland, Singapore, South Africa, South Korea, Spain, Taiwan, the United Arab Emirates, the United Kingdom and the United States. Worldwide, the company has approximately $2.9 trillion of life reinsurance in force and assets of $40.2 billion.
About the CIO 100 Awards
The recipients of this year's CIO 100 award were selected through a three-step process. First, companies filled out an online application form detailing their innovative IT and business initiatives. Next, a team of judges reviewed the applications in depth, looking for unique practices and substantial results. Finally, CIO editors reviewed the judges' recommendations and voted on the final 100. Complete coverage of the 2013 CIO 100 awards will be online at http://www.cio.com/ on August 1, 2013 and in the August issue of CIO magazine.
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