Answers to 8 burning questions that confront the industry
August 20, 2014 by David Port
At the sales peaks and valleys of recent years, all the hot products and features that have burst on the scene only to be eclipsed by the next big thing, are just subplots to the real storyline in the life insurance market, one that Deloitte neatly captures in three words in the subtitle of its 2014 Life Insurance and Annuity Industry Outlook: “Transforming for Growth.”
These are words that advisors who are active in the life insurance market—and indeed, the entire life insurance industry, from carriers on down—would perhaps be wise to heed. For as Deloitte emphasizes in its industry outlook, “the time may have come to initiate more fundamental changes in their business models to generate sustainable growth over the long term.” Click here to read…
