Skip to content

Raising Their Game: Employee Benefit Brokers Acclimate to a Rapidly Changing Ecosystem

Ron Neyer, M.B.A., AIRC, CLU, ChFC 4/22/2022

With rapidly evolving market dynamics impacting the workplace benefits segment on several fronts, how are employee benefit brokers responding?

Summary

Employee benefit brokers have served as a longstanding bridge between carriers and their clients. While their role in the workplace benefits value chain is well established, it is also evolving rapidly to meet the growing needs of increasingly diverse and dispersed employer groups. To better understand the future direction of this industry segment, LIMRA and EY partnered to examine the perspectives of key stakeholders, including brokers. Drawing primarily from 25 in-depth interviews of employee benefit professionals, this report focuses on how brokers anticipate their practices and marketplace evolving over the next five years.

Download Your Reports

No part of any report may be reproduced or translated without written permission from LIMRA. Please contact Customer Service for further information.

Related Research

Fast Forward: Employer Views on the Future of Benefits

How will employers approach offering benefits five years from now?

Harnessing Growth and Seizing Opportunity: The Future of Workforce Benefits

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.

Straight Talk: Employee Benefit Brokers Discuss the Factors That Most Influence Carrier Recommendations and Their Perspectives on a Changing Market

What do employee benefit brokers consider most important in recommending workplace benefit carriers to their clients?

Top of Mind: Consumer Awareness of Life Insurance Brands

Which brands are top-of-mind when Americans think about life insurance?

Opportunities in Underserved Markets: Young Consumers' Life Insurance Expectations and Experiences

This study offers insights to provide direction for carriers looking to successfully connect with young consumers and assist in fulfilling their insurance coverage needs.

Meet the Project Director

Ron Neyer, M.B.A., AIRC, CLU, ChFC

Neyer’s area of expertise is monitoring and communicating trends in workplace insurance distribution. He manages benchmarking and carrier practice studies, as well as research projects focusing on employers, employees, and brokers/advisors. Neyer is a frequent author and presenter for industry publications and events, where he shares research-based insights. He manages LIMRA’s Account Management and Workplace Benefits Competitive Intelligence Study Groups and has served on committees for both the Voluntary Employee Benefit Board and the Voluntary Benefits Forum. He joined LIMRA in 1998 and received his bachelor’s degree and M.B.A. from the University of Connecticut.

Associate Research Director, Workplace Benefits Research
LIMRA and LOMA
Rneyer@limra.com


For more information, please contact Rneyer@limra.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.

Custom Research and Consulting

Research tailored to your individual business needs.

Group & Worksite Benefits Conference

Gain fresh ideas and insights to successfully address short-and long-term changes in the U.S.

Did you accomplish the goal of your visit to our site?

Yes No