Annuities Unleashed: What lies ahead?

Annuity sales blew past all-time record highs in 2022 and the first quarter of 2023 brought more of the same. Why are annuities selling so historically well? What products are gassing up that sales flame? And how will the ongoing economic turmoil impact future annuity sales trends?

The annuity sales landscape is changing fast, with potential disruptions from technology, regulations and distribution all converging at once.

Our Wednesday, June 7th webinar will cover the trends in annuity products and sales and highlight what to look for in the coming years. If you missed it, view it below:

• Why are annuities selling so well?
• What products are expected to sell best in the months and years to come?
• How are insurers pivoting quickly in the face of annuity sales trends?
• How are riders developing to meet consumers’ needs?
• Will technology and regulation help or hurt annuity sales?

Our guests bring a wealth of experience in financial services and annuity sales data.

Todd Taylor is head of New York Life’s Retail Annuities business, an industry leader with over $22 billion in 2022 sales. In this role, he is responsible for leading all aspects of one of the company’s largest profit centers, including strategy, product development, marketing, and operations, as well as external sales and service.

Todd Giesing is director of annuity research for LIMRA. Todd is responsible for annuity and retirement income related projects such as LIMRA’s U.S. Individual Annuity Yearbook, annuity benchmarking surveys, and running LIMRA’s Annuity Research Study Group. Todd formerly worked in the industry as an internal wholesaler for MetLife.

InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at john.hilton@innfeedback.com. Follow him on Twitter @INNJohnH.