RICHMOND, Va., Aug. 26, 2014 /PRNewswire/ -- Direct Mail Solutions and Acxiom are recipients of Genworth Financial, Inc.'s (NYSE: GNW) 2013 Strategic Supplier Program awards. The awards were presented to suppliers that demonstrate strategic alignment and creation of value.
"The awards recognize key suppliers that show commitment to embodying Genworth values, demonstrate their alignment to Genworth strategic goals, and create value through innovation, continuous improvement, and cost performance. It is an honor to recognize their achievements," said Kevin Green, Genworth's sourcing leader.
Supplier of the Year: Direct Mail Solutions
Direct Mail Solutions is a strategic Genworth supplier supporting its US Life Insurance Division. Direct Mail Solutions consults on mailings for best layout and customer presentation, helping Genworth reduce its mailing expense and facilitating the timely and efficient delivery of required mailings.
Direct Mail Solutions' proactive recommendations enable Genworth to streamline processes and ensure customers receive a positive experience. "Every day they demonstrate value to Genworth by doing their job, and doing it very, very, well," said Green.
"We are honored to be recognized amongst such an elite peer group of suppliers. Our long-standing relationship with Genworth has enabled us to comprehensively understand their needs and goals. We work every day to provide solutions that serve the best interest of their customers, shareholders and the business itself," said Chris Moore, Direct Mail Solutions president and CEO.
Supplier of the Year: Acxiom
Acxiom provides strategic marketing support to Genworth's Long Term Care Insurance business where they have been a dynamic partner since 2004. "Acxiom is always thinking about ways to deliver innovation and to improve the quality of leads which enhance the efficiency of our marketing process for our distribution partners. They fully integrated with the Genworth team, listened to our needs and provided valuable assistance in redesigning our leads process," said Green. The new process resulted in a better design, higher return on investment and improved overall results.
"Genworth has been an important client to Acxiom for many years," said Phil Lore, Acxiom GVP of sales and account management. "We're gratified to see the hard work of so many be recognized by a partner with whom we have such a mutually beneficial relationship. This award is truly to be shared by those on both sides of this long-lasting partnership."
Genworth believes its supply chain is a differentiator in the marketplace. Genworth award winners set the example for dynamic, productive partnerships which drive improved results so critical in today's competitive marketplace.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company committed to helping families become more financially secure, self-reliant and prepared for the future. Genworth has leadership positions in long term care insurance and mortgage insurance and competitive offerings in life insurance and fixed annuities that assist consumers in solving their insurance, retirement and home ownership needs.
Genworth operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection and Runoff segments. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth, headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com. From time to time, Genworth's publicly traded subsidiaries, Genworth MI Canada Inc. and Genworth Mortgage Insurance Australia Limited separately release financial and other information about their operations. This information can be found at http://www.genworth.com.au and http://genworth.ca.
SOURCE Genworth Financial, Inc.