Insights & Trends

Discover how Americans perceived the economy, their personal finances, and their stress levels ahead of the presidential election.

In the first nine months of 2024, total annuity sales increased 23% to $331.2 billion.

Workplace benefits are a central part of employers’ value proposition in the war for talent and can contribute to overall workforce satisfaction and engagement.​

The drop in overall financial wellness highlights the need for benefits, education, and services to help employees manage their financial lives and futures.

Financial wellness significantly impacts employee well-being and productivity. Employers offering financial wellness programs can reduce employee stress, improve job satisfaction, and enhance overall workplace efficiency, leading to lower turnover and better business performance.

In this episode, Kartik Sakthivel, chief information officer, LIMRA and LOMA and Kelly Coomer, CIO, Sammons Financial Group and Chair of the LIMRA and LOMA AI Governance Group, discuss the purpose and achievements of the group, including tools and frameworks to maximize the business value of AI and promote responsible usage.

Strategic planning and increased budgeting for AI, including generative AI, are essential to drive innovation and maintain a competitive edge.