- Storytelling Is Good for Business
Five ways to tell yours in a way that grabs clients and keeps them loyal
People love stories. Whether we are sitting around a fire, reading a book, or watching a video, stories make us feel part of something bigger. They resonate on a deep, human level.
read more - On Vacation? Unplug Already!!
Survey: Half of of professionals check in wth work multiple times a day while on holiday
As the summer vacation season kicks into high gear, a new Korn Ferry (NYSE:KFY) survey shows that disconnecting from the office to enjoy time with friends and family is a tall order for most professionals.
read more - Level of Financial Confidence Among Adult Children May Stem from Their Parents’ Approach to Retirement Planning
Sixty one percent say they take a different approach to finances to avoid making the same mistakes their parents made
A new survey from TIAA finds Americans who lack confidence in their parents’ financial security in retirement (27 percent) are twice as likely to lack confidence in their own retirement as those who are confident in their parents’ (72 percent versus 36 percent).
read more - Life/Health Insurers Daunted by Financial Accounting Standards Board’s Long-Duration Contract Changes
Could be costly for companies transitioning to new accounting standards
Changes to the Financial Accounting Standards Board (FASB) requirements for insurance companies to report GAAP financials for long-duration contracts could become costly for companies transitioning to the new accounting standards and could create earnings and reserving volatility, according to a new AM Best commentary.
read more - Americans Believe Risky Careers are Considered the Most Heroic
Soldiers, firefighters and police officers are among the most heroic occupations; So are stay-at-home Moms
A new study released by leading life insurance provider Vantis Life has highlighted just how valued heroic jobs are in American society. The research polled 2,000 U.S. residents, asking respondents to rank 22 common professions based on how heroic, important and trusted they are, and how they should be compensated accordingly.
read more - Recent Life Settlement Transactions Reveal Broad Social Utility
Seniors Are Selling Unwanted Life Insurance Policies to Solve Wide Range of Financial Challenges
Asset Life Settlements, LLC announced that an analysis of the company's life settlement transactions over the past year indicates that seniors and retired business executives are selling their unwanted policies to address a wide range of financial challenges.
read more - Total U.S. Voluntary Market Grows 3% in 2018
Overall participation of employers increased 11%
New annualized premium for voluntary insurance products totaled $7.2 billion in 2018, a 3% increase from 2017 sales results, according to LIMRA’s U.S. Worksite/Voluntary Sales Study. LIMRA defines voluntary benefits as insurance products available at the workplace that are 100% funded by the employees.
read more - LIMRA and The Institutes RiskStream Collaborative™ Announce New Life and Annuity Members
Building blockchain solutions that will lower industry transaction costs, improve the customer experience, and increase the speed and security of data transfers among customers
LIMRA and The Institutes RiskStream Collaborative™ LIMRA announced today that eight companies have joined the life and annuity sector of the risk management and insurance industry’s first enterprise-level blockchain consortium.
read more - Competing In The Post-Digital Insurance World
The key to unlocking true transformation and innovation isn’t just about investing in new technology, It’s about investing in new mindsets
by Emily Smith Cardineau
Depending on who you ask, the term post-digital was coined by a tech journalist named Russell Davies in 2009 to describe a new paradigm he saw on the horizon. His use of the term in no way suggested that digital was to become obsolete or a thing of the past, rather that digital was becoming…
read more - Marriage & Money Management
Budgeting for Newlyweds
by Jeff Smith
Taking your relationship to the next level brings new challenges as you deepen your connection. If you’ve recently tied the knot or plan to get married very soon, you know the importance of being open with your partner about everything. You may have already discussed buying a house or having kids, but have you talked…
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