Protective Value Studies at the Speed of Logic
To start, what is a “protective value study” anyway? In its simplest form it is a determination of whether a test or tool provides (mortality) benefit in the underwriting process. The output of the study can range from a qualitative “yes” to a detailed quantitative breakdown of mortality impact by age, gender or other relevant variables.
It’s Time to Future-Proof Your Data, Systems and Culture
The long-term prospects of most Life and Health insurers are going to be determined by their ability to transition from a product-based approach to a customer-centric value proposition. But, if they’re going to make that leap, insurers will have to know more about their customers, their behaviors and decision-making processes.
Talent Strategy: Designing a Workforce for the Future of Insurance
Insurance Governance Leadership Network (IGLN) participants recently discussed how global insurance companies are addressing the changing talent landscape and dealing with emerging human capital challenges.
Technology and the Workplace of Tomorrow (LOMA Resource)
One of the future challenges facing the life insurance industry is attracting human capital—finding the kind of high-quality employees it will need to be successful in a rapidly changing world. As Baby Boomers retire, companies must recruit, train and develop new generations who think, behave and work differently than past generations.
Millennials in the Workforce - Understanding the New Employee (Gen Re Perspective)
In just 10 years, by 2025, millennials will make up an estimated 75% of the global workforce. They will inevitably change the landscape of numerous industries and re-shape the way we think about work. With the average age of a U.S. insurance professional currently at 59 years old and one-fourth of the industry is expecting to retire by 2018 - this holds huge implications for the future of insurance.