by Carrie Haubensak | May 16, 2024 | Insurance Industry, Life Insurance, news
Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey. The total number of policies sold also dropped 1% in the first quarter. The...
by Carrie Haubensak | Apr 30, 2024 | Insurance Industry, Life Insurance, Medicare, Medicare Advantage, Medicare Supplement
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Gruening Health and Wealth, an independent marketing...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Life Insurance
ICON, a joint venture between AIMCOR Group, LLC and AmeriLife Group, LLC, announced that it has entered into a partnership with KME Insurance Brokerage, a leading, national brokerage firm that specializes in corporate and individual disability and life insurance. “I’m...
by Carrie Haubensak | Mar 21, 2024 | Life Insurance, news
Life insurers know that technology is one of their biggest challenges to capitalizing on the enormous market appetite for life insurance and annuities. And they don’t feel ready to meet that challenge. New survey data from LIMRA and Boston Consulting Group...
by Carrie Haubensak | Mar 21, 2024 | Life Insurance, news
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey. Life insurers have the COVID-19 pandemic to thank for spurring underwriting...
by Carrie Haubensak | Mar 14, 2024 | Insurance Industry, Life Insurance, news
Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report. Non-variable universal life sales for the fourth quarter totaled $894.5 million, up more than 15.5% compared to the previous quarter and up 4.1% compared...