The Institutes RiskStream Collaborative's U.S. Life & Annuity Advisory Board Appoints Industry Powerhouses as New Chair and Vice Chair
Nationwide's Eric Henderson and Prudential's Bob Bastian Appointed
MALVERN, Pa., October 4, 2019 — The Institutes RiskStream CollaborativeTM, the risk management and insurance industry’s largest enterprise-level blockchain consortium, has appointed Eric Henderson, President, Nationwide Annuity, and Bob Bastian, CIO of Individual Solutions Group at Prudential Financial, as Chair and Vice Chair, respectively, of the collaborative’s U.S. Life & Annuity Advisory Board.
The mission of RiskStream Collaborative’s Life & Annuity Advisory Board is to identify and prioritize the production of blockchain technology applications for the life insurance and annuity space. All Advisory Board members are representatives of RiskStream Collaborative member organizations and LIMRA, which has partnered with the collaborative to further the development of blockchain applications for the life & annuity sector.
“We are proud to welcome two esteemed visionaries to the leadership of our life & annuity Advisory Board,” said Christopher McDaniel, President of RiskStream Collaborative. “Both Eric and Bob bring a diverse range of expertise that is essential to our vision, and we know RiskStream Collaborative’s life & annuity advisory board will make great strides under their leadership.”
New Chair of U.S. Life & Annuity Advisory Board, Eric Henderson
As President, Nationwide Annuity, Eric Henderson oversees all aspects of the company's individual annuity segment, including product innovation, sales and distribution, executing strategic initiatives, driving strategic positioning and product development, managing profitability, and overseeing business operations.
“It’s an honor to be selected to serve as the Chair of RiskStream Collaborative’s L&A Advisory Board,” said Henderson. “I respect and admire the organization’s commitment to the industry, and I hope to leverage my experience to drive blockchain technology in our sector forward.”
New Vice Chair of U.S. Life & Annuity Advisory Board, Bob Bastian
In his role as CIO of Prudential’s Individual Solutions Group, Bob Bastian leads the creation of customer-driven digital and technology solutions for the company’s Individual Life Insurance and Annuities businesses.
“Serving as Vice Chair of RiskStream Collaborative’s L&A Advisory Board is an exciting opportunity to be surrounded by colleagues who are passionate about advancing the industry,” said Bastian. “My focus has been to set strategic and innovative technical direction for our business constituents, and I look forward to bringing that expertise to this blockchain advisory board.”
About The Institutes RiskStream Collaborative
The Institutes RiskStream Collaborative is the risk management and insurance industry’s first enterprise-level blockchain consortium that is developing insurance-specific use cases via Canopy, a custom blockchain architecture. www.TheInstitutes.org/RiskStream
The RiskStream Collaborative is committed to equipping organizations to work together to inspire product innovation, enable efficiencies and open new technological frontiers.
Serving the industry since 1916, LIMRA, a worldwide research, consulting and professional development organization, is the trusted source of industry knowledge, helping more than 600 insurance and financial services companies in 64 countries. Visit LIMRA at www.LIMRA.com.