Industry leaders to examine economic shifts impacting insurance markets
WINDSOR, Conn. June 30, 2022 —Today, virtually every American is concerned about rising inflation. According to recent LIMRA research, 95% of Americans say they are worried about inflation’s impact on the quality of their lives.
Industry leaders will examine the impact of inflation, along with other external and economic factors, on the supplemental health, disability insurance (DI), and long-term care (LTC) markets at this year’s Supplemental Health, DI & LTC Conference in Washington, D.C, from August 3 – 5.
Keynoting the event is renowned practical futurist for The New York Times and columnist for NBC, Michael Rogers. Rogers will provide a realistic, customized prediction of what the insurance industry might look like in the decade ahead given new technology, processes, and software.
High inflation, COVID, remote work, and high turnover are expected to affect the DI market. In a panel discussion, industry experts will discuss potential changes to underwriting and product development for the DI market in light of new medical, financial, and occupational risks. Panelists include:
- Ron Graff, assistant vice president of business development for Munich Re;
- Jeff Kruger, AALU, assistant vice president and chief underwriter for individual disability at Principal;
- Steve Woods, senior vice president for individual health at Gen Re; and
- Ed Carter, product director for Principal.
In a separate session, Matthew Morton, a principal consulting actuary for LTCG, and Sanja Zehnder, senior managing actuary for CNO Financial Group, will lead a session exploring the impact of inflation on long-term care costs and how this will affect policyholders’ benefits.
Additional concurrent sessions will cover industry innovations, regulatory and compliance updates, what’s going on in Washington, claims automation, talent, wellness programs, and more that will provide attendees with actionable takeaways to make better business and product decisions.
Inside The Conference
The conference, co-hosted by LIMRA, LOMA, and the Society of Actuaries, draws leaders and professionals who operate in the supplemental health, long-term care, and DI industries.
For more information on the 2022 Supplemental Health, DI & LTC Conference including registration and agenda, visit here.
Members of the press are welcome to attend at no cost. Please email the media contacts below for more details.
At LIMRA and LOMA, the health and welfare of our attendees are our highest priorities. Therefore, attendees must be fully vaccinated as defined by the CDC. This policy is subject to change based on CDC guidelines, state, and city regulations.
Serving the industry since 1916, LIMRA offers industry knowledge, insights, connections, and solutions to help more than 700 member organizations navigate change with confidence. Visit LIMRA at www.limra.com.
Established in 1924, LOMA helps to advance the financial services industry by empowering more than 900 financial services companies in 63 countries with knowledge, insights, connections, and solutions. Visit LOMA at www.loma.org.