LIMRA.com and LOMA.org will be offline for scheduled maintenance on April 26, 8 p.m. - 11:00 p.m. EDT.
May 26, 2020 1:00 PM EDT
In light of the recent outbreak of COVID-19 and the sharp decline in rates from the beginning of the year, LL Global, ACLI, Oliver Wyman and IRI developed an executive task force on low interests to identify the key challenges and company best practices used to address the ultra-low interest environment. The task force is focused on six readiness “sprint" topics: variable annuity/fixed indexed annuity hedging, new business and product, asset-liability management, cash flow testing, COVID-19 mortality/morbidity, and social distancing and distribution. The objective of these sprints was to develop best practices for the industry.
This webinar will share key initial findings and survey results as well as progress on related advocacy efforts.
June 4, 2020 11:00 AM - 12:00 PM EDT
Join Lukas Junker, Global Head Life at Zurich Re, as he discusses how the ultra-low interest rate environment has affected the European insurance market. During the presentation, Lukas will examine the impact of the current interest rate environment on new business, including changes to products and how these changes have been received, as well as what it means for in force business and overall market growth.
Professional Development
Quality industry education, delivered to your desk
Two Essential Courses Build Confidence from Afar
Virtual work can be isolating, making it harder for employees to see how individual functions contribute to the big picture. Students who earn the FLMI Level I Certificate – just two courses – will feel more secure tackling industry challenges as they learn their role in ensuring your company’s financial success. It empowers employees to make innovative, informed decisions that improve customer experience and benefit operations. Details | Enroll: LOMA 281 | Enroll: LOMA 291
Boost Underwriters' Expertise
The move to automated underwriting can leave underwriters with fewer opportunities to hone their skills. While your employees are at home, why not help them sharpen their knowledge? Offered in collaboration with LOGiQ3, this course series covers medical conditions, foreign travel, and other risk factors, giving students an edge when it comes to making sound underwriting decisions. Details | Enroll
Live, Virtual Onboarding Help
Does your virtual onboarding program need a products overview section? The next session in our new Learning Live Series can help! Insurance Basics: Life Insurance Products provides a clear, concise introduction to term, whole life, and universal life insurance products. This short, virtual, facilitated session is perfect for helping new hires learn the basics! Details and registration.
Leading in Uncertain Times: Exclusive Wharton Webinar
We're proud to offer Leading in Uncertain Times: Before, During, and After COVID-19 from our partners at Wharton Executive Education. Dean Geoffrey Garrett explains how to use the current crisis as an opportunity to develop a leadership approach for uncertain and unexpected times. This previously recorded webinar is available only through this exclusive link. Register to here to access the webinar.
We’re celebrating the newsletter’s first birthday by giving out birthday gifts! Industry news2use subscribers are invited to refer friends by sending their email addresses to newsletter@llglobal.org for a chance to win – the more emails you submit, the greater your chance of winning! It’s not too late to subscribe and refer a friend! The contest ends June 5.
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Research & Benchmarks
Good reads for today
New Expectations: The LIMRA-EY Future of Wholesaling Study
The challenge for wholesalers and the carriers they represent is to retain the fundamental attributes that remain most valuable to advisors while simultaneously adapting to address powerful forces impacting the financial services industry.
Assessments
Achieve your business goals with effective recruiting, selection, productivity, and retention
SelectWrite
Do you need to hire people who can effectively communicate with customers or colleagues by email, web chat, text, and other nonvoice methods? Then SelectWrite™ can help you. This assessment uses artificial intelligence and a rigorously-developed standardized scoring system to instantly and objectively evaluate a job candidate’s ability to write clearly and effectively.
Call Center Simulation
Call Center Simulation is a computer-based simulation that accurately pre-screens contact center job applicants. Applicants "test drive" the job, experiencing what it’s really like to operate a call center workstation. They receive a realistic preview of the job; you receive a realistic preview of their abilities.
Coronavirus (COVID-19)
The latest industry news for uncertain times
This study provides a quick, high-level view of the impact of COVID-19 on the U.S. individual disability income product line, including sales, underwriting, and administrative processes.
This report represents the results of the fourth survey in this series focused on impacts of COVID-19 and the resulting market conditions and focuses on best practices around asset and liability management (ALM).
This study provides a quick, high-level view of the impact of COVID-19 on the U.S. Long Term Care and Combination Product lines, including sales, underwriting, and administrative processes.
Advisor Pulse in the Time of COVID-19 Series
Between March 13-20 and March 30-April 3, insurance agents, registered investment advisors (RIAs), and registered advisors shared how their practices are being affected by COVID-19.
Text Message Etiquette & Best Practices
Nov 13, 2019
Texting has become one of the most efficient ways to communicate in business. Although fast and convenient, texting brings about its own set of challenges. Check out these tips to make the most of this form of communication.
Data, data, data… and compelling insights! LIMRA’s Institutional Retirement Reference Guide is a comprehensive desktop compendium of information about workplace retirement.
SRI Review, Issue 1, 2020 focuses on the impact of the SECURE Act, financial wellness in the workplace, preparing for the certainty of uncertainty, and the potential impact of COVID-19 on the annuity industry.
Member practices research explores defined contribution (DC) providers, philosophies, and practices in protecting their clients’ accounts from fraud.
MarketFacts
Access insightful thought leadership on the forces driving the financial services industry. Our award-winning magazine content speaks to critical issues for the industry, including technology, retirement, insurance, workplace benefits, globalization, financial wellness, employee productivity, professional development and assessment, operations, management, and products and services.
SRI® Review
Gain actionable insights you won’t find anywhere else. LIMRA experts and industry leaders provide fresh perspectives on the retirement market, including consumers, products, distribution, technology, and domestic global trends.
Industry news2use
This semi-weekly newsletter showcases important global financial services industry updates and links to related LIMRA and LOMA resources. Please subscribe to receive Industry news2use in your inbox on Tuesdays and Thursdays.
Member Connection
Connecting our members to knowledge, insights, and solutions for insurance, retirement, and workplace benefits every month.
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Serving the industry since 1916, LIMRA is a worldwide research, consulting, and professional development not-for-profit trade association. Nearly 700 financial services companies in 53 countries rely on LIMRA’s research and educational solutions as the trusted source of industry knowledge to help them make bottom-line decisions with greater confidence. Companies look to LIMRA for its unique ability to help them understand their customers, markets, distribution channels, and competitors to give them leverage on developing realistic business solutions.
