Looking Ahead: Our Industry in 10 Years
What will the insurance sector be like in 2026? Resource turned to some seasoned executives for answers. Here’s what they had to say.
What’s Next for the Life Insurance Industry?
If you are thinking that “what’s next” for the life insurance industry has something to do with the experience around buying and owning life insurance products, think again.
2016 EY US Life-Annuity Insurance Outlook
US life-annuity insurers will enter 2016 in relatively good financial condition, but facing exponential changes from rapid advances in technology, rising customer expectations and growing competition. These market shifts will require insurers to reinvent their strategies, services and processes, while coping with nagging financial, economic and regulatory uncertainty. Fortunately, after years of bolstering their balance sheets, life-annuity firms are in a strong position to invest in the innovations and technologies needed to fuel future growth.
Life Underwriting in 2020
I am neither a clairvoyant nor in possession of a crystal ball. This confessed, after 45 years in life insurance risk assessment - and with an obsessive focus on tracking trends - I have some reasonably credible thoughts regarding how underwriting will be configured five years hence.
5 Life Insurance Game Changers
This year will see huge decreases in underwriting times for those who take advantage of new technologies.