Underwriting advocacy to navigate the new world is as critical as the digital processes itself.
Life insurers are demonstrating flexibility in response to the pandemic, smoothing the sales process through digital channels, relaxed underwriting requirements and coverage extensions.
Here are 10 things people in the sales and distribution community are saying about the current, and future, effects of the pandemic, drawn from written commentaries emailed to us, emailed to clients, or distributed through press release services.
Most advisors have heard of Obstructive Sleep Apnea and may even have a client, friend or relative who has it. But many advisors don’t truly understand what Obstructive Sleep Apnea is, the pathophysiology of the condition, or how insurance companies underwrite individuals who have it.
A proper handling and understanding of what the client and advisor need to present to underwriting is the difference between success and failure.
The age of traditional business partnerships is long past. Today, strategic partnerships offer life insurers the ability to expand their businesses into new ecosystems. Whether investing in insurtechs or collaborating with partners in complementary industries, life insurers can build partnerships based not only on strategy, product and services but also on the merging of technology and the sharing of platforms.
In this episode of LIMRA Unplugged, LIMRA Research Director Alison Salka talks with Jim Scanlon, life insurance research director for LIMRA, about the impact of simplified underwriting.
MIB Group Inc. says life insurance application activity was either pretty good in March or terrific, depending on the yardstick used.
Insurance leaders predict what’s ahead for sales and profits, information technology, customer service, human capital—and more.
Chat windows, faster policy statements, intuitive agent portals and robotic technologies are among the new generation of weapons insurers intend to use to compete with “born-digital” companies.