Are companies hiring new advisors during the pandemic?
Recruiting During COVID-19
Margaret S. Honan, ACS; Donna B. Chaffin, M.B.A., FLMI 5/7/2020
Summary
LIMRA reached out to U.S. and Canadian agency-building and Multiple-Line Exclusive Agent (MLEA) companies regarding their recruiting efforts during the COVID-19 pandemic crisis and the challenges and strategies around it. Data was collected from 33 companies between April 2 and April 24, 2020.
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- Research Abstract
- Thought Leadership
- Distribution Channels
- Banks/Bancassurance
- Full Service Broker-Dealer
- Independent Broker-Dealer
- Registered Investment Advisor (RIA/IAR)
- Agency Building
- Multiple Line Exclusive Agency (MLEA)
- Independent Agency/Brokerage
- Independent Distribution Networks (BGAs/IMOs)
- Direct-to-Consumer
- Individual Insurance
- Insurance Products
- Life Insurance
- Operations/Administration
- Talent Management
Meet the Project Director
Margaret S. Honan, ACS
Honan, who joined LIMRA in 1998, is responsible for conducting annual benchmarking studies involving agent recruiting, retention, and productivity, for agency-building companies in the United States and Canada. She also assists with topical distribution research projects for both countries.
Honan received her bachelor’s degree in economics from the University of Connecticut.