With the Great Recession now a fading memory for many, and employment data being generally positive, there are new opportunities and challenges for life insurance carriers to address. Recent LIMRA data suggests that growth rates per annum over the next four years will be 1-2%. Younger consumers are not usually interested in traditional life product offerings as they are delaying many of the life events that might have triggered purchases in the past. Millennials were the product of not one, but two, significant economic downturns in their formative years.
May 25, 2018 by Jim Klotz
At this year’s Novarica Insurance Technology Research Council meeting, I moderated a special interest group of workers’ comp insurers. The conversation spanned a wide range of issues, but a few key concepts dominated our discussion:
May 25, 2018 by Mitch Wein
Earlier this month at Novarica’s 11th annual Insurance Technology Research Council meeting, I had the opportunity to lead a discussion session with a group of specialty and large commercial insurers about issues and opportunities on the horizon in the industry. This meeting provided a great look at how insurers are considering digital strategy in a legacy world. Some of the topics we touched on included:
May 24, 2018 by Martina Conlon
Novarica recently hosted our 11th annual Insurance Technology Research Council meeting, in Providence, RI. Jeff Goldberg and I had the opportunity to moderate a Special Interest Group discussion among a group of commercial lines CIOs. We spoke about the experiences the CIOs have had regarding concerns and trends in the commercial lines space, including the following topics:
May 24, 2018 by Aite-Novarica Media
Recently, during Novarica’s 11th annual Insurance Technology Research Council meeting, I moderated a Special Interest Group conversation among CIOs of personal lines carriers, addressing the various issues they’re facing and what they’re thinking about for the future. Discussion topics included the following key areas: