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At this year’s Novarica Insurance Technology Research Council Meeting, I had the opportunity to facilitate a workshop regarding digital initiatives in insurance. Senior IT leaders were engaged in a lively discussion, including the following topics:

Retail broker-dealers perform a key task for life insurance companies: They sell variable products and integrate third-party manufactured products critical to a competitive portfolio of offerings. Broker-dealers’ role differs substantially from that of the rest of a life insurance carrier and they have unique needs. For carrier CIOs, those needs fall primarily into the categories of ease of doing business and data management and compliance.