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As previously reported and discussed, even though sales numbers for the annuity market struggled in 2017 they did look better in the fourth quarter for fixed products.
Over the past three decades, I managed numerous projects to provide common front office access to multiple life insurance administration systems.
The retirement challenge in the US has been talked about for a long time now, especially as 10,000 Baby Boomers reach the retirement age of 65 every day.
According to a recent article on InsuranceNewsNet.com, the lower sales numbers for annuities in 2017 over 2016 look to continue in 2018.
There was an interesting call out from the MetLife CEO in a recent A.M.
Group benefits insurers face continuous pressure on margins, while true sales growth remains challenging.
Three common initiatives across annuity and life carriers today are to improve speed to develop products, create an easy and fluid customer experience for submitting new business, and process new business with little to no manual intervention.
This report provides an overview of group benefit providers’ business and technology issues, data about the marketplace, and over 40 examples of recent technology investments by group benefit providers.
Throughout 2017 and into the New Year, one of the great areas for discussion for many carriers was the potential impact of the new DOL Fiduciary Rules.
One of the big news stories that impacted the annuities ecosystem over the past two years was around the Department of Labor (DOL) Fiduciary Rules, intended to create guidelines for focusing on client best interests in the sale of retirement-oriented products.