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FORECAST 2024: Special Edition

Author

David Levenson
President and Chief Executive Officer
LIMRA and LOMA

January 2024

This is shaping up to be another interesting year for our industry. We’re coming off a record year of annuity sales and expanded capital investments from private investors. Against that backdrop, we are seeing rapid expansion in the use of artificial intelligence, the possibility of some very disruptive regulation, a continued change in how employees want to work, geopolitical tensions, macroeconomic challenges and, of course, a significant upcoming election in the U.S.

To bring these changes into greater focus, MarketFacts asked C-suite executives to share their thoughts on what 2024 will hold for the industry and how they are preparing to make the most of each opportunity. The 14 participants are members of the Board of Directors of LL Global, Inc.

Our job at LIMRA and LOMA is to help our members navigate with confidence. I think you’ll find the comments from these executives to be helpful in thinking about what is top of mind for you and your company.

This year’s Forecast survey participants are:

  1. Aaron Ball, SVP & Co-Head of the Foundational Business, New York Life
  2. Chris Blunt, President & Chief Executive Officer, F&G
  3. Caroline Feeney, EVP & Chief Executive Officer, U.S. Businesses, Prudential Financial
  4. Amy Friedrich, President, Benefits and Protection, Principal Financial Group
  5. Gordon Watson, Chairman, AXA Asia
  6. Adrian Griggs, EVP & Chief Operating Officer, Pacific Life
  7. Wade Harrison, EVP & Chief Retail Officer, Protective Life
  8. Ron Herrmann, EVP, Head of RGA Americas, RGA
  9. Mark Holweger, President & Chief Executive Officer, Legal & General America
  10. Paul LaPiana, Head of Brand, Product & Affiliated Distribution, MassMutual
  11. Denise McCauley, President & Chief Executive Officer, WoodmenLife
  12. Joe Monk, SVP, Financial Services, State Farm
  13. Mike Simonds, Chief Operating Officer, Unum Group
  14. Kamilah Williams-Kemp, EVP & Chief Insurance Officer, Northwestern Mutual

I want to thank each of this year’s Forecast participants for sharing their insights. And, as always, please let us know how we can be helpful to you with your strategic journey.

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