Matthew Drinkwater, corporate vice president for LIMRA and LOMA explains how advisors would benefit from adopting a mindset of continuous learning. From artificial intelligence to the different retirement income products available, advisors with a continuous learning mindset can set themselves apart from the competition. Insurance News Network LLC: A dynamic market requires continuous learning for financial advisors https://ow.ly/hnOg50SRgXl #ContinousLearning #ArtificialIntelligence #FinancialServices #ThoughtLeadership
LIMRA
Financial Services
Windsor, CT 26,099 followers
Worldwide trade association providing research, development and consulting services to the financial services industry.
About us
LIMRA is a worldwide research, consulting, and professional development organization that helps more than 600 insurance and financial services companies in 73 countries increase their marketing and distribution effectiveness. These members rely on our over 100 years of industry experience, along with resources in Research, Consulting, Assessment, Development, and Compliance and Regulatory Services. In a rapidly changing marketplace, companies call LIMRA first for our combination of industry insight, practical solutions, and unwavering commitment to their success.
- Website
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http://www.limra.com
External link for LIMRA
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Windsor, CT
- Type
- Nonprofit
- Founded
- 1916
- Specialties
- research, financial services, life insurance, and retirement
Locations
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Primary
300 Day Hill Road
Windsor, CT 06095-4761, US
Employees at LIMRA
Updates
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“One consistent theme in our research is that the majority of consumers simply lack a fundamental understanding of the array of life insurance products that exist.” Steve Wood, research director, LIMRA Consumer Markets, explains the great need for more education and confidence among underserved market segments. What do you think is the best approach for engaging more demographics about the importance of owning life insurance? #MarketFacts #LifeInsurance #Confidence #Education #UnderservedMarkets
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Over the past 20+ years, the distribution of life insurance has shifted with independent distribution becoming the leading sales channel. In 2023, independent distribution market share made up 53% percent of all U.S. life insurance new premium sold, compared to just 38% from affiliated agents. ➡️Read more: LIMRA: The Rise in Independent Distribution Is Driving Change https://ow.ly/FoaJ50SPaH2 ➡️Watch our recent Industry Insights With Bryan Hodgens: https://ow.ly/FQPZ50SPaFh #IndependentDistribution #LifeInsurance #FinancialServices
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AI is accelerating at an exponential pace, and we’re just scratching the surface when it comes to its potential. What can we do to mitigate risk to survive — and thrive — in this age of AI? LIMRA and LOMA members can read more: https://lnkd.in/eVcivcUE #MarketFacts #AI
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According to LIMRA research, cost and affordability were top of mind with workers as they reviewed their benefits in 2023. Patrick Leary, corporate vice president and director of LIMRA Workplace Benefits Research explains how, in an inflationary environment, “wallet share” is an important consideration for workplace benefits providers. #MarketFacts #WorkplaceBenefits #Economy #Workers
Impact of Economic Factors On Workplace Benefits
LIMRA on LinkedIn
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In an era of disruption, our industry must innovate with purpose. We’re curious: What do you think is the most pressing issue facing the life insurance industry? Let us know why in the comments. Join us at the 2024 LIMRA Annual Conference to learn from experts about the biggest challenges facing our industry and what factors will most influence future growth. September 15 – 17 Nashville, Tennessee ➡ Register today: https://ow.ly/HaIl50SzIaq #LIMRAAC #LifeInsurance #InnovateWithPurpose
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Total U.S. annuity sales were $215.2 billion in the first half of 2024, a 19% jump from prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey. This is a new sales record for the first six months of a year since LIMRA started tracking sales in the 1980s. ➡️LIMRA: U.S. Annuity Sales Set New Record in First Half of 2024 https://ow.ly/16ee50SJfnc #Annuities #FinancialServices #AnnuityMarket
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Join our next episode of Industry Insights With Bryan Hodgens on Wednesday, July 24th at 2pm ET. Over the past few decades, shifts in distribution have significantly changed the U.S. life insurance market, altering the power dynamic for carriers. In the next LinkedIn Live, Bryan Hodgens AIF® Hodgens, head of LIMRA Research and John Carroll, head of Life & Annuities, LIMRA and LOMA will discuss the many ways the increase in independent distribution has influenced product design and sales. They will also explore the trends that will shape the future of the market. We look forward to seeing you there! #IndustryInsightsWithBryanHodgens #LifeInsurance #Distribution #Carriers #FinancialServices
How the Rise in Independent Distribution is Changing the Insurance Industry
www.linkedin.com
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Independent distribution is shifting the dynamics of the U.S. life insurance market. Bryan Hodgens AIF®, head of LIMRA Research, and John Carroll, head of Life & Annuities, will explore the evolution of this change and how it is influencing product design and sales. Join us today at 2:00 p.m.: https://ow.ly/zNT150SEiq8 #IndustryInsightsWithBryanHodgens #LifeInsurance #Distribution
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Have you seen our new research for the month of July? LIMRA members can explore the latest updates and trends: 1. Key stakeholders are seeing an uptick in the adoption of in-plan annuities. Tune into LIMRA's podcast debut for a deeper dive into the current landscape of in-plan annuities. ➡ https://ow.ly/frrh50SIf2o 2. The 2024 BEAT Study: Benefits and Employee Attitude Tracker provides insights into how employees view their work and the strategic role benefits programs can play in attracting and retaining talent. Learn more: ➡ https://ow.ly/yk4Y50SIf2m 3. Financial professionals share their perspectives on the vital role wholesalers play in their success: ➡ https://ow.ly/tfny50SIf2q 4. Explore Canadian consumers’ perceptions, attitudes, and behaviors with the Canadian Insurance Barometer Study: ➡ https://ow.ly/5EBv50SIf2n #LifeInsurance #Annuities #WorkplaceBenefits #LIMRAResearch #FinancialServices