by Carrie Haubensak | Jul 9, 2024 | Insurance Industry, Life Insurance
A report published on the global universal life insurance market by Allied Market Research states that the industry is estimated to display a noteworthy CAGR of 9.3% with an absolute revenue of $280.4 billion throughout the forecast timeframe. However, the industry...
by Carrie Haubensak | Jun 13, 2024 | Life Insurance, news
Depressed whole life sales led a disappointing first quarter for the life insurance market, Wink, Inc. reported. Whole life sales hit $1 billion for the quarter, down 12.8% compared with the previous quarter, and down 7.4% compared to Q1 last year. Items of interest...
by Carrie Haubensak | Jun 13, 2024 | Insurance Industry, Life Insurance, news
AmeriLife Group, LLC, has partnered with Succession Capital Alliance, the innovator behind premium financing for life insurance and a leading provider of advanced life insurance solutions for financial professionals and their high-net-worth and ultra-high-net-worth...
by Carrie Haubensak | Jun 7, 2024 | Insurance Industry, Life Insurance
In today’s rapidly evolving world, where digital transformation is reshaping every sector, both the health care and life insurance industries are at a critical juncture. As we navigate a landscape marked by fragmented services, cumbersome legacy systems and escalating...
by Carrie Haubensak | May 30, 2024 | Insurance Industry, Life Insurance, news
When C-suite executives in the life insurance industry were asked about the most important challenge on their minds, profitable growth was on top in 2023, followed closely by talent management. When the same study was conducted in 2019, change management was what kept...
by Carrie Haubensak | May 16, 2024 | Insurance Industry, Life Insurance, news
Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey. The total number of policies sold also dropped 1% in the first quarter. The...