Compensation Resource Center

Who Attends

The LIMRA Annual Conference is one of the largest gatherings of senior executives representing diverse sectors of the financial services industry.

Highlights

We are experiencing significant change across our industry’s landscape, but today’s leaders have the power to forge the future. Forging the future involves actively shaping the world by taking deliberate actions that align with our vision and values. It means anticipating challenges and opportunities, and preparing ourselves to tackle them with creativity and resilience. Today’s leaders must identify and shape the elements in our business that will lead to success. What are these elements of change?

Several macroeconomic trends have been causing industry players to rethink their operating models. These include the challenges brought by inflation, the looming threat of a recession and the cost of living crisis, the rise in interest rates, and the resulting fluctuation in the equity markets. Leaders who continuously evaluate their business operations will ensure value creation and long-term success.

The geopolitical environment cannot be ignored, as it will influence our strategies. Russia’s invasion of Ukraine and its impact on energy prices, global fragmentation and the erosion of social cohesion, supply chain shocks, and changing climate agreements provide the troublesome backdrop of our current environment. Although, we can’t predict what the disruptive events will be, we can create organizations that can not only survive these events, but also thrive.

Technology trends may be the most transformational force of our time. Every aspect of our industry’s ecosystem is under pressure, whether it be pre and post sale processes, employee benefit enrollment, or customer acquisition. Traditional insurers are not sitting idly by. Instead, they are innovating and trying new things so they can compete with tech upstarts. In the near future, the fully tech-enabled insurer will bear little resemblance to today’s organization.

Difficulties recruiting and retaining talent have reached an all-time high. Perhaps the most critical aspect of our talent challenge is distribution and attracting new producers. We must do a better job of communicating our industry’s value and purpose, which are powerful motivators for younger prospects.

These and other issues will be addressed at LIMRA’s 2023 Annual Conference. Our program features thought leaders and forward-thinking executives. We will discuss key strategies in these areas of opportunities that will influence the future of our industry and the markets we serve, including: distribution, data and technology, talent imperatives, and other strategic issues within insurance, annuities, and worksite benefits.

Who Attends

The LIMRA Annual Conference is one of the largest gatherings of senior executives representing diverse sectors of the financial services industry.

Highlights

We are experiencing significant change across our industry’s landscape, but today’s leaders have the power to forge the future. Forging the future involves actively shaping the world by taking deliberate actions that align with our vision and values. It means anticipating challenges and opportunities, and preparing ourselves to tackle them with creativity and resilience. Today’s leaders must identify and shape the elements in our business that will lead to success. What are these elements of change?

Several macroeconomic trends have been causing industry players to rethink their operating models. These include the challenges brought by inflation, the looming threat of a recession and the cost of living crisis, the rise in interest rates, and the resulting fluctuation in the equity markets. Leaders who continuously evaluate their business operations will ensure value creation and long-term success.

The geopolitical environment cannot be ignored, as it will influence our strategies. Russia’s invasion of Ukraine and its impact on energy prices, global fragmentation and the erosion of social cohesion, supply chain shocks, and changing climate agreements provide the troublesome backdrop of our current environment. Although, we can’t predict what the disruptive events will be, we can create organizations that can not only survive these events, but also thrive.

Technology trends may be the most transformational force of our time. Every aspect of our industry’s ecosystem is under pressure, whether it be pre and post sale processes, employee benefit enrollment, or customer acquisition. Traditional insurers are not sitting idly by. Instead, they are innovating and trying new things so they can compete with tech upstarts. In the near future, the fully tech-enabled insurer will bear little resemblance to today’s organization.

Difficulties recruiting and retaining talent have reached an all-time high. Perhaps the most critical aspect of our talent challenge is distribution and attracting new producers. We must do a better job of communicating our industry’s value and purpose, which are powerful motivators for younger prospects.

These and other issues will be addressed at LIMRA’s 2023 Annual Conference. Our program features thought leaders and forward-thinking executives. We will discuss key strategies in these areas of opportunities that will influence the future of our industry and the markets we serve, including: distribution, data and technology, talent imperatives, and other strategic issues within insurance, annuities, and worksite benefits.

Who Attends

Dedicated to helping distribution executives and professionals achieve ever-greater success, this conference will present leading-edge strategies to enhance operations and increase sales. It is the premier event for anyone with a vested interest in channel growth, productivity, and reshaping distribution to succeed in the United States and Canada.

Highlights

History tells us that great teams achieve the near impossible. We see it in Olympic sport, in medical research, the arts and military and particularly in business when great partnerships turns a mediocre plan into an outstanding result. The fact is that the industry functions best when we work together to solve macro needs and address the opportunities as a whole.

At the 2024 Distribution Conference, distribution executives from across the industry will come together to discuss strategies on successfully leading through today’s transformative forces.

How can we ‘work together’ to win?

As an industry, we need to focus on the large and growing need for protection and retirement income. Working together, we can amplify our messaging in order to reach the millions of people who need our services and solutions rather than battling for the limited market share we have today. By 2030, gaps in investors’ retirement savings and needed protections are projected to exceed hundreds of trillions of dollars. This presents an opportunity for insurance companies to better serve current and potential customers to bridge these chasms. Although facing challenges, the life insurance and annuity industry has enormous potential to grow.

Our industry is constantly evolving and we face various challenges that require innovative thinking. Together, we can identify solutions to these challenges, including; technological disruption, cybersecurity risks, changing customer expectations, regulatory compliance, talent retention and skill gaps, fraud, economic volatility, and so much more.

Turning these challenges into opportunities requires a combination of technological innovation, strategic planning, regulatory compliance, and customer-centric approaches. We must be adaptable and proactive in embracing change to stay competitive in an evolving industry.

This year’s conference will address how we can work together as an industry to solve the problems around business issues and processing that keep advisors from more fully engaging in the market. Together, we can better prepare for the shape of things to come.

Don’t miss this premier event for distribution professionals.