Business, Preneed, Products

News you can use for the weekend

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As we head into another great summer weekend, here is some industry news that you can use.

Funeral Directors Life Named “Great Place to Work”

Funeral Directors Life was recently named as one of the 2020 Best Workplaces in Texas by Great Place to Work and Fortune.  Funeral Directors Life was honored with the 26th spot for small and medium companies.  You can see the press release here.

“It’s a tremendous honor to be recognized by Great Place to Work and Fortune as one of the best workplaces in Texas,” said Kris Seale, Funeral Directors Life President and CEO.

Funeral Directors Life was also ranked as a Best Workplace in Texas in 2017, 2018, and 2019, by the same group.

Funeral Directors Life is an Abilene, Texas based life insurance company which specializes in the sale of prepaid funeral insurance policies and annuities.

OneDay launches Reflect:  The first-of-its-kind video storytelling product for the funeral home industry

This press release from Cision tells of the technology company OneDay that recently launched a new product called “Reflect by OneDay“.  Designed for the funeral home industry, Reflect by OneDay helps family and friends digitally collect memories and stories into a crowdsourced personal video documentary of a loved one’s life.

Loved ones can invite friends and family to share videos wherever they are, all through the easy to use mobile app.  The release mentions that the technology behind Reflect by OneDay stitches together video stories instantly to create a keepsake that can be treasured forever.

OneDay, based in Dallas, Texas, recently closed a Series A funding round of $5.2 million.  Their products to date have been designed for the senior living community market.

For more information on Reflect by OneDay and to see a video demonstration click here.

NFDA projects cremation rates

The National Funeral Directors Association recently released their 2020 Cremation and Burial Report.  Members of NFDA  can access a free copy of the report here.

According to an NFDA notice, it was 2015 when the cremation rate surpassed the burial rate for the first time ever with a 47.9% cremation rate versus a 45.2% burial rate.  And, in 2016 the cremation rate passed 50% for the first time ever.

Again, according to the NFDA, the latest Cremation and Burial Report predicts that the cremation rate will hit 78.4% in 2040 and in that year, casketed burials will make up only 16% of all U.S. deaths.

The 5 C’s of Leadership During Covid-19

Our friends at Clifton, Larson Allen have provided this article by Mike Slavik on what he terms the 5 C’s of Leadership During Covid -19.  He elaborates on a leaders ability to navigate Culture, Communication, Connectivity, Collaboration, and Confidence.

You can access the article here.

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