The insurance industry is set to undergo a dramatic transformation in the coming decades. Optimization, transformation and engagement are fundamental to insurance companies’ long term success – and are the three key areas of focus of Efma’s upcoming Insurance Summit, which will take place in Vienna from 13 to 14 June 2019. How will the insurance world develop towards the year 2050 and beyond? In what ways will millennials interact in the future? How will mobile technology and micro insurance impact the industry? Efma’s Summit, ‘Insurance Revolution: Optimize, Transform and Engage’, seeks to answer these burning questions, among many others. Leading...
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The New Report Titled as “Life, Pension, Health & Disability Insurance Industry Market” published by Reportspedia, covers the market landscape and its evolution predictions during the forecast period. The report objectives to provide an overview of global Life, Pension, Health & Disability Insurance Industry Market with detailed market segmentation by solution, security type, application and geography. The Life, Pension, Health & Disability Insurance Industry Market is anticipated to eyewitness high growth during the forecast period. The report delivers key statistics on the market status of the leading market players and deals key trends and opportunities in the market. This...
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The Variable life Insurance Market Research Report study provides a precise analysis of the different models and factors affecting the industrial growth of the Variable life Insurance market at a worldwide level. The report provides all-inclusive information about the Variable life Insurance market with its current conditions, trends in the market and forecast overview of the market’s future position. The research study covers the present scenario of the Variable life Insurance market and its market dynamics for the period 2019−2026. Report covers a comprehensive summary of several market growth enablers, restraints, and trends. This research report on the Variable life...
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The New Report Titled as “Term Life Insurance Market” published by Reportspedia, covers the market landscape and its evolution predictions during the forecast period. The report objectives to provide an overview of global Term Life Insurance Market with detailed market segmentation by solution, security type, application and geography. The Term Life Insurance Market is anticipated to eyewitness high growth during the forecast period. The report delivers key statistics on the market status of the leading market players and deals key trends and opportunities in the market. This research report also includes profiles of major companies operating in the global market. Some of the prominent...
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DALLAS (PRWEB) June 30, 2020 The Life & Annuities (L&A) insurance segment experienced a growth in premiums of 2.0% to 2.5% in 2019, but this is expected to drop to -3.5% to -1.5% through 2020 as a result of the COVID-19 crisis, according to Everest Group. However, long-term industry growth fundamentals remain robust amidst the COVID-19 turmoil, albeit with concerns on investment income shock, demand shock, and claims shock leading to near-term financial distress. As the coronavirus crisis abates, the L&A industry segment will invest in IT to drive cost efficiency and improve user experiences, contributing to a modest 0.9% compound annual growth rate (CAGR) of L&A IT...
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DALLAS – June 30, 2020 – Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced today its acquisition of National Agents Alliance (“The Alliance”), one of the country’s most prominent insurance marketing organizations (IMOs). The Alliance has helped more than 1.5 million Americans with their life insurance needs and has sold over $1.6 billion of life insurance premium to provide families with more than $150 billion of life insurance protection. Financial terms of the transaction were not disclosed. Andy Albright, President and CEO of The Alliance, will continue to lead all operations of The Alliance while...
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Asia’s changing demographics make it even more important for people to plan for the future – and the insurance industry must adapt to support them. Much of Asia is getting older – and fast. There were 260 million people over the age of 65 living in the eastern and south-eastern area of the continent alone last year. That’s more than in any other geographic region worldwide. And this figure will more than double by 2050, according to United Nations projections. Leading the way is Japan, where more than one in four of the population is over the age of 65. In the next five years, Hong Kong, Taiwan and South Korea are also expected to become ‘super-aged’ societies, with more than one in five...
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One of the biggest changes brought by the Covid-19 outbreak to the insurance industry is that of being a catalyst for customer-centricity and satisfaction in servicing. While most insurers strive for faster, flexible and data-led approaches, the appeal from customers for basic, seamless and tailored insurance services continue to serve as the cornerstone of what insurance providers do. The views expressed by customers in the latest South African Customer Satisfaction Index (SA-csi) for Life Insurance (2019) conducted by Consulta confirm that customer satisfaction and perceived value for money remain deal breakers for life insurers. Based on the 2019 SA-csi results, FNB Life is placed as the...
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This is the most recent report, covering the current COVID-19 effect available. The pandemic of Coronavirus (COVID-19) has influenced each part of life comprehensively. This has brought along some changes in economic situations. The current scenario of the ever-evolving business sector and introductory and future appraisal of the effects are covered in this report. Juvenile Life Insurance Market New Study Industrial Forecasts on Juvenile Life Insurance Market 2020-2025: Juvenile Life Insurance Market report provides in-depth review of the Expansion Drivers, Potential Challenges, Distinctive Trends, and Opportunities for market participants equip readers to totally comprehend the landscape...
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