Industry Strong — August 4, 2021
Industry Strong — Insurance
Resources to keep you informed and connected to the insurance industry.
Help Protect Our Families
Did you know that Black Americans are more likely than the general population to say they plan to buy life insurance this year? According to the 2021 Insurance Barometer study, 58% of Black American consumers indicate they are likely to buy life insurance coverage in the next year compared to 36% of the all Americans. Learn more about the needs and concerns of Black Americans by reading our infographic, Black American Life Insurance Ownership Increases.
To learn more, visit the Help Protect Our Families landing page for consumer insights, best practices, thought leadership, and social media content. #HelpProtectOurFamilies
Upcoming Conferences
2021 LIMRA Annual Conference
10/24/2021 - 10/26/2021
This flagship event is one of the largest gatherings of senior executives representing all sectors of financial services who come together for strategic industry insights and high-level networking.
Agenda
Professional Development
Short, Facilitated, Virtual Sessions Expand Knowledge
Join your industry peers for Learning Live: Overview of Individual Life Insurance Distribution. In this two-hour, virtual session, an expert instructor will cover various distribution methods, factors insurers consider when choosing which methods to use, and how InsurTech and other disruptors are affecting distribution.
Overview of Individual Life Insurance Distribution
Wednesday, August 25, 1:00 p.m. – 3:00 p.m. ET
Register
Get Started With Your Certificate in Insurance Fundamentals
LOMA’s Certificate in Insurance Fundamentals is a great way to build insurance business knowledge quickly. The first two courses in the program are available in a highly interactive format with self-proctored, integrated exams. Frequent updates to content ensure learners stay current on industry advancements. Most recently, LOMA 291 — Improving the Bottom Line: Insurance Company Operations now reflects how technology is changing life insurers’ operating models in areas such as underwriting, distribution, and customer engagement.
Learn more and Enroll.
Advance Your Knowledge
Join us for an Advance Your Knowledge Webinar ― Don't Fear Your Financial Future. We'll discuss LOMA's Fellow, Secure Retirement Institute (FSRI) designation and how it can help you build the knowledge you need to succeed in the industry.
Don't Fear Your Financial Future
Friday, August 13, 11:00 a.m. – 11:30 a.m. ET
Upcoming & On Demand Webinars
DOL Fiduciary Rule Under the Biden Administration
The Department of Labor's Prohibited Transaction Exemption 2020-02, called Improving Investment Advice for Workers and Retirees, expands the definition of fiduciary advice under ERISA to recommendations about rollovers and IRA investments.
Potential Compliance Implications for Insurance Carriers Relying on PTE 84-24 (and Alternatives)
For insurance carriers, broker-dealers, and investment advisers that intend to utilize the Prohibited Transaction Exemption 2020-02, a heavy compliance burden lies ahead. Firms will need to develop a comprehensive process for measuring reasonable compensation and document how inherent conflicts of interest are mitigated.
Insurance Research
Black Americans: Life Insurance Ownership and Attitudes — A 2021 Insurance Barometer Supplementary Report
This report explores Black Americans’ life insurance ownership and attitudes, as Life Happens and LIMRA recognize the importance of keeping the industry informed on the financial needs and behaviors of diverse consumer markets.
The Implications of Low-for-Long Interest Rates on Life Insurance and Annuity Business
This report presents results from the second phase of research work exploring the impacts of the low interest rate environment on the insurance industry from the customer and distributor perspective.
U.S. Monthly Individual Life Sales
Get the latest monthly individual life sales and application trends.
Future of Work Infographic
A recent Aon survey reveals the impact the pandemic had on how organizations are thinking about the future of work.
Featured Publication
MarketFacts: Your RESOURCE for Industry Insights — Number 3, 2021
Issue number 3-2021 of our flagship magazine — MarketFacts: Your Resource for Industry Insights — focuses on the evolving landscape of workplace benefits, as well as a feature on technology trends. It offers executive perspectives on digital solutions, technology, and life insurance — as well as insights on current trends in disability, retirement, data privacy, and compliance response to the DOL PTE 2020-02.
Solutions
Remote PROductivity Toolkit
Don't let distractions stand in the way. Ensure your employees and leaders are RemotePROs.
Trustworthy Selling
Effectively train and retain your sales professionals to increase their productivity and success in the industry.
RightChoice System
An all-new assessment system that is tailored-made to fit your individual recruiting needs.
Create Account
With your LIMRA.com account you'll have thousands of research reports, industry trends, and data points at your fingertips.
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