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Consortium Research
Frequently Asked Questions

What is consortium research?

Consortium research allows companies with a common area of interest to join together to fund a particular study. It is a timely and cost-effective method to explore current, relevant marketing-related topics.

What kind of research projects do you work on?

LIMRA conducts primary research on consumers, producers, policyholders, and other clients, addressing a wide range of topics. Our staff members are trained in a variety of qualitative and quantitative research methods including focus group moderation, one-on-one in-depth interviewing, and survey design (for online, mail, and telephone). We are trained to conduct a wide range of statistical analyses including regression path, conjoint, and segmentation analyses. We have applied these methods to projects as varied as: consumer decision making, producer needs, and product concept testing.

How much does it cost?

The cost of the project depends on the study design and the number of participants.

Why join a consortium research project?

By joining a consortium research study companies receive the benefits of large research projects but pay only a fraction of the cost.

Who can participate in consortium research projects?

Any LIMRA member can participate in consortium research projects.

Who sees the results of the consortium research projects?

Only the participating companies will have access to the full results of the research. Occasionally, LIMRA will negotiate with participating companies to have the right to publish some high level results to all members. However, the full report, data files, and any associated materials are available only to participating companies.

What current consortium studies are being worked on?

  • Survey of Producer Opinion
  • Canadian CI Market
  • Redefining Loyalty
  • Voluntary Benefits Service
  • Share of Book for Retirement Income

What are some past consortium studies?

Past studies include:

  • Consumer Attitudes and Their Buying Behavior: Korea, Philippines, Shanghai, Trinidad
  • Cross-Selling Nonmedical Benefits: The View of Producers
  • How to Market Financial Services to Women
  • Cross-Selling Nonmedical Benefits to Employers
  • Critical Illness Insurance: A Sufferer's View
  • Ensuring the Success of Female Producers

How do I join or suggest a consortium research study?

Contact Lynn Ferris at lferris@limra.com or 860-285-7849. For more information, contact us at Learn More.

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