October 4, 2024 Artificial intelligence is going to have a big place in the insurance industry, a NAFA panel agreed. If you’re not using AI you’re ‘ten years behind,’ speaker says DALLAS – Artificial intelligence brings the potential to change the insurance industry from risk to pricing to customer leads. Yet,…
October 3, 2024 Annuity products are selling best when tied to indices. ‘Massive opportunity’ for indexed annuity sales growth, panelist says DALLAS – The soaring star of annuity sales – registered indexed-linked annuities – will continue selling well despite economic uncertainty,…
October 3, 2024 Interest rates are going to have a big impact on the economy going forward, a NAFA panel noted. Panel: Bitter presidential election unlikely to have major economic impact DALLAS – Moderator Jamie Branyan of CANNEX had a simple ask Thursday morning during a panel discussion on the upcoming…
October 3, 2024 The distribution of annuities is a thriving business in multiple channels. IMO consolidation, new products, recruitment top distribution challenges DALLAS – The merger-and-acquisition activity in the independent marketing organization corner of the insurance world is one trend that defies…
April 17, 2024 Long-term care could be most important policy you write SAN ANTONIO — Thanks to “the most important” policy he sold in his long career, DJ Mormile is able to…
April 17, 2024 DOL fiduciary adds significant legal liability to producers, panel agrees SAN ANTONIO — The Department of Labor fiduciary rule proposal has been picked over relentlessly by analysts and industry trade…
April 17, 2024 LIMRA panelists suggest best practices for accelerated underwriting As modern insurance carriers strive to provide accelerated underwriting decisions to keep up with market demand and industry trends, experts…
April 16, 2024 Rebranding the underwriting experience — Can it be done? SAN ANTONIO — If life insurers were truly serious about rebranding the underwriting experience, the pesky health exam would become…
April 16, 2024 Insurers cannot escape ‘bias testing’ going forward, speakers say SAN ANTONIO — “Bias testing” is a phrase insurers are getting acquainted with as artificial intelligence, big data and algorithmic…
April 16, 2024 Will life insurance sales settle down after rollercoaster ride? After a rollercoaster ride of pandemic impacts and regulatory changes, the individual life insurance market is poised to return to…
April 15, 2024 Annuity sales seemingly could not be better, with numbers smashing records nearly every quarter since the pandemic rebound. LIMRA: Annuity sales expected to keep breaking records Annuity sales seemingly could not be better, with numbers smashing records nearly every quarter since the pandemic rebound. But LIMRA…
April 15, 2024 The most recent version of the study showed that 57% of men and 46% of women said they own life insurance – a gap of 11 percentage points. Life insurance gap between men and women continues to grow The self-reported gap in life insurance ownership between men and women grew to its biggest point since the Insurance Barometer…
April 15, 2024 Along with the rising number of RIAs, consumer demand is also driving annuity sales. Panel to look at growth of RIAs, as channel grows in number, assets The number of Registered Investment Advisors is growing faster than all sales channels in both number and assets under management,…
Whole life products are feeling the pinch of rising interest rates November 3, 2023 HOLLYWOOD, Fla. – When it comes to interest rates, life insurers are faced with a problem they have not faced…
Insurers wrestle with the speed and power of artificial intelligence November 2, 2023 HOLLYWOOD, Fla. – In the early days of Netflix, it took the company nearly three-and-a-half years to get to one…
New DOL fiduciary rule sets up ‘direct confrontation’ with court precedent November 2, 2023 HOLLYWOOD, Fla. –The Department of Labor’s latest attempt at an industrywide fiduciary standard is dominating conversation here at the 42nd…
Lenox Advisors founder shares tips for firm success in tough environment November 2, 2023 HOLLYWOOD, Fla – Rick Van Benschoten helped found Lenox Advisors in 1995 with two friends and partners. By the time…
October 25, 2023 The way distribution serves customers is changing, a LIMRA panel agreed. Distribution with scale has potential to grow industry, panel says WASHINGTON, D.C. – The long-term impact of private equity on the distribution of insurance products to Americans who desperately need…
October 25, 2023 Wholesaling faces challenges related to cost and efficiency. Wholesalers relying more on virtual communication in the past year In the wake of the pandemic, financial firms have reevaluated their wholesaling team structures and how they interact with advisors….
October 25, 2023 Accelerated underwriting comes with its own set of questions. Accelerated underwriting: an idea whose time has (finally) come? Accelerated underwriting held the promise of revolutionizing the life insurance buying experience for at least a decade. That promise is,…