LIMRA: Improve trust to maximize annuity business
April 11, 2014 by Daniel Williams
In a numbers-laden discussion on the future of annuities, held today in Chicago at the Retirement Industry Conference, an old school idea emerged as a key to expanding the “safe retirement” business—the idea of building trust.
Speaking onstage with LIMRA researchers Joseph Montminy and Jafor Iqbal, Christopher Raham, a principal in the Insurance Advisory Services group of Ernst & Young, outlined the steps to for insurers to take.
In gathering data, Raham and a research team “conducted over 100 hours of interviews with insurers, distributors and other competitors to the annuity business…
Originally Posted at LifeHealthPro on April 10, 2014 by Daniel Williams.
Categories: Industry Articles
