Summit Professional Networks' National Underwriter Takes Home 3rd Industry Award for Hard-Hitting Story on One of the Life Insurance Industry's 'Greatest Fiascoes'

NEW YORK, Dec. 16, 2013 /PRNewswire/ -- Summit Professional Networks' National Underwriter Life & Health magazine and its website, LifeHealthPro.com, have received the top Eddie award for Best Article, Government/Public Sector/Education, B2B during the 2013 Folio: Eddie & Ozzie Awards program for their hard-hitting report on http://www.folioawards.com/ the insolvency of the Executive Life Insurance Company of New York, which left thousands of payees finding themselves suddenly cut short by a process allowed to ramble on for more than two decades.

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The top Eddie award followed two other prestigious industry awards – from the Society of American Business Editors and Writers and from the ASBPE – for the article entitled The Complete ELNY Saga: 21 Years of Mismanagement, Corruption, Broken Promises and Shattered Lives. Long remembered as one of the life industry's greatest fiascoes, the ELNY insolvency resulted in a situation in which those charged with safeguarding the public trust wasted billions of dollars, conducted themselves in a questionable manner and betrayed the very fiduciary duty they were sworn to uphold.

Group Editorial Director Bill Coffin said, "This Eddie award – the 3^rd time that this ambitious piece of investigative reporting was so honored – is a testament to the integrity, commitment and industry insight of the editorial team that produced it. Day in and day out, the writers and editors at NU Life & Health and LifeHealthPro.com continue to bring the life industry the best news and analysis available, in print or online!"

About National Underwriter Professional Network
Within the insurance industry, the National Underwriter brand represents best-in-class quality and performance in news, analysis, training, continuing education, books and events. The National Underwriter Professional Network is a branded content engine delivering all the critical resources life, health and property & casualty insurance professionals require, at every point in their career arc, accessible across every available platform including magazines, websites, face-to-face and digital events, mobile sites and apps, and online information services.

ABOUT SUMMIT PROFESSIONAL NETWORKS
Summit Professional Networks supports the growth and vitality of the insurance, financial services and legal communities by arming professionals with the knowledge and education they need to succeed at every stage of their careers. We provide face-to-face and digital events, websites, mobile sites and apps, online information services, and magazines giving professionals multi-platform access to our critical resources, including Professional Development; Education & Certification; Prospecting & Data Tools; Industry News & Analysis; Reference Tools and Services; and Community Networking Opportunities.

Using all of our resources across each community we serve, we deliver measurable ROI for our sponsors through a range of turnkey services, including Research, Content Development, Integrated Media, Creative & Design, and Lead Generation.

For more information, go to http://www.summitprofessionalnetworks.com/.

Media Contact:
Laura Brophy
Marketcom PR 
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[email protected]

SOURCE Summit Professional Networks