Haven Life, Fabric among disruptors launching new products at InsureTech Connect
This week’s event in Las Vegas drew around 5,000 attendees, who were able to learn about lots of new products and initiatives being launched by startups.
Life Insurance
LIMRA adds an InsurTech panel to its annual conference lineup
Acknowledging the ever-increasing impact technology is having on the industry, a roster of innovators will demonstrate solutions making their way into life insurance to solve the needs of consumers.
Annuity proponents praise bill that would make it easier to include annuities in retirement plans
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
Allstate launches consumer-driven life insurance product with monthly payout
Now available as an alternative to traditional lump sum payment policies, “Monthly Income Term” billed as a highly customizable option for families.
More than half of all U.S. workers have difficulty understanding retirement savings in terms of future monthly income
Showing workers their retirement savings as income estimates, financial professionals can help make sure workers are saving enough and confident in their ability to lead the retirement lifestyle they want.
John Hancock doubles down on Vitality health and wellness platform
In an effort “to incentivize longer, healthier lives,” Boston-based insurer expands program to all new policies sold, and will add the benefits in over time to existing policies.
New presidents named at Life Happens, MDRT
Longtime exec Faisa Stafford is named new President at Life Happens; Ross Vanderwolf, CFP, is the 93rd president of the Million Dollar Round Table.
Life insurance disruptors planning to make news at InsureTech Connect
Ladder, Haven Life and Atidot are among the life insurance companies planning to announce their latest innovations during the third annual InsureTech Connect (ITC) conference in Las Vegas on Oct. 2-3.
Western & Southern reaches $1.55B deal with Nestlé S.A. to acquire Gerber Life
$1.55 billion pending deal brings direct-to-consumer life insurer and renowned brand to Western & Southern’s diversified family of financial services businesses. Current plans call for all 500+ Gerber Life associates to remain in place.
Actuarial Science ranked as ‘most valuable’ college major
The joke’s on fine arts grads, who have the “least valuable” college degree while actuarial science was tops among 162 degrees, according to a new study from Bankrate.
