WINDSOR, Conn., June 23, 2015—LIMRA today is pleased to announced that Patrick Leary, corporate vice president of LIMRA Distribution Research, was part of a team who has won second place in the 2015 Kenneth Black, Jr., Journal Author Award program.
The article "Reversing the Decline in Life Insurance Ownership," published in the Journal of Financial Service Professionals, discusses the dynamics that have contributed to the decline in life insurance ownership and potential challenges facing the industry. The team included Leary, David Woods, former CEO of NAIFA and former president of Life Happens (formerly The Life Foundation) and Kate Kane, managing director of Northwestern Mutual’s Western Massachusetts office.
“Pat is an exceptional thought leader and his in-depth understanding of industry trends — particularly in distribution — is so valuable to our organization and our members,” said Alison Salka, senior vice president and director of LIMRA Research. “This article provides insight into the challenges of reaching a very diverse and ever-changing market, highlighting the important role life insurance plays in the financial security of American families.”
“All three of us contributed to the article from our own perspective, Pat’s particular insights into the research he and LIMRA had developed were the meat of it,” noted David Woods. “Data without meaning are simply numbers. Pat gave meaning and life to those numbers.”
The Kenneth Black, Jr., Journal Author Award Program recognizes the top three articles published in the Journal of Financial Service Professionals, as determined by an independent panel of judges, based on the originality of the research, clarity, timeliness, and appropriateness for the Journal’s readership. The award is named for Kenneth Black, Jr., PhD, CLU, who served as editor of the Journal from 1959 to 2000.
LIMRA is a worldwide research, consulting, and professional development organization that helps more than 850 insurance and financial services companies in 64 countries. Visit LIMRA at www.limra.com.