LIMRA and EY partnered to explore how key stakeholders (employers, employees, benefit brokers, and benefit technology providers) are responding to the transformational changes impacting the workplace benefits marketplace.
Harnessing Growth and Seizing Opportunity: The Future of Workforce Benefits
Patrick T. Leary, M.B.A., LLIF; Kimberly A. Landry; Ron Neyer, M.B.A., AIRC, CLU, ChFC 4/18/2022
The workplace benefits marketplace continues to change on a transformational scale and at an accelerated pace, thanks in part to the widespread disruption of the working world since 2020, the rise of nontraditional workers, and the growing demand for new types of benefits. In summer 2021, LIMRA and EY joined forces to identify the most important changes that will shape the workplace benefits market over the next five years. Through a mix of quantitative and qualitative research, we surveyed over 800 employers and over 1,200 employees, and interviewed 25 brokers and 18 benefit technology providers. This research explored:
- The changing needs of employers and employees
- The evolving role of distributors, technology companies, and other third parties
- How carriers can refine their value propositions and offerings to remain relevant and continue growth
- Changing technology requirements and opportunities to digitize and automate key processes across different stakeholders
- Workforce and employer expectations for a fully digital experience across the value chain
Download Your Reports
Fast Forward: Employer Views on the Future of Benefits
How will employers approach offering benefits five years from now?
U.S. Workplace Benefits Yearbook
Read the most comprehensive overview of the U.S. workplace benefits market, including sales and in-force results and historical trends
Sign of Normalcy in the Workplace Life and Disability Markets: LIMRA Forecasts for 2021–2023
Learn when LIMRA predicts the workplace life and disability benefits markets will recover and return to normalcy.
Employee Engagement in a Post-Pandemic World - Series
Increase employee satisfaction in their benefits interactions by learning how they want to engage with their insurance carriers in different contexts.
Taking the Pulse of Consumers in Singapore: Global Consumer Pulse 2022
The biannual Global Consumer Pulse series provides a side-by-side comparison of life insurance-related metrics and sentiments from 12 key market consumers around the globe. This report centers on Singapore.
Meet the Project Director
For more information, please contact email@example.com.
You May Also Like...
LIMRA Data Exchange (LDEx) Standards
Making the process faster with standards. The LIMRA Data Exchange (LDEx) Standards are for insurance carriers and benefits administration technology companies looking to reduce errors, improve customer experience, and increase speed to market.
Group & Worksite Benefits Conference
Gain fresh ideas and insights to successfully address short-and long-term changes in the U.S.
Custom Research and Consulting
Research tailored to your individual business needs.