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Investigate Shared Challenges With Other Organizations

Companies team with and through LIMRA to cost-effectively research hot issues. We can help you tackle the following and more:

  • Opportunities in emerging markets
  • The market potential for new products
  • The buying process
  • Positioning with producers
Participate in Consortia Studies

Consortium Research. Consortia studies are your opportunity to investigate a common area of research with other organizations. The sponsors play an active role in determining the research methodology, questionnaire design, and, when appropriate, focus group locations.

Together, we help companies:

  • Explore opportunities in emerging markets
  • Determine the market potential for new products
  • Understand the buying process
  • Position themselves with producers
  • Track and improve service performance
  • And more

2021 Consortia Studies

Engaging Life Insurance Buyers

LIMRA’s Individual Annuity Service Turnaround Times consortia study

In past years, LOMA has conducted both a Life Insurance and Annuity Service Turnaround Times study, most recently in 2015. Beginning in 2020, the Individual Life Service Turnaround study transitioned to LIMRA, and was successfully conducted with 25 participating companies. Given this success, we are now launching the Individual Annuity Service Turnaround Times Survey.

Individual Annuity Service Turnaround Times Survey consortia study is a valuable benchmarking tool to compare your organization's performance to that of other companies. The report provides valuable service time information around various new business and policy owner service functions, as well as other vital information for fixed, variable, and indexed annuities. Participation in this study can help guide you in setting internal KPIs and performance standards.

We would be running this study annually. As with all of our consortia studies, sponsors will have input into the content of the study.

Cost of participaticipation will be $5,000.

Contact Us

Lynn M. Ferris

Business Development

Ferris, who joined LIMRA in 1978, currently markets and conducts individual company proprietary research studies as well as LIMRA's consortium studies. She also markets the products and services offered by LIMRA's Retirement Resource Center. With her background in applied statistics and survey research, she is well positioned to help companies find solutions to their business needs.

Ferris has published numerous articles in LIMRA's MarketFacts Quarterly and is a frequent presenter at LIMRA's conference and meetings. Prior to joining the Custom Research unit, Ferris conducted middle-market consumer research. She also conducted numerous group and benefit marketing cost studies and managed the activities of a staff of research analysts.

Ferris received her B.A. in sociology from Central Connecticut State University.

Work Phone: (860) 285-7849