New report calls on firms to file data on sales practices
Sales of individual life insurance policies were considerably higher in Q4 and in 2016, overall, in advance of the new, more restrictive tax rules that kicked in on Jan. 1
Westerns’ brokerage network will continue to offer customers a broad range of products from a wide range of insurers
Faster and easier underwriting is welcome, but there are concerns less testing could lead to claims being questioned
Insurers have significantly expanded their governance, oversight and investments in cybersecurity, a new Moody’s report finds
The change will save the insurer money and attract more clients by making the application process faster
Cookhouse Lab seeks to enable the insurance industry to work together to facilitate innovation instead of individual companies striving to develop new concepts internally
Insurers’ strategy is to focus on advisors they can count on
Life insurers will only request genetic testing information from applicants seeking life insurance coverage of more than $250,000 starting early next year
Although most firms’ websites evaluated did a good job of getting prospective life insurance buyers’ attention, they did poorly in converting that attention into a sale