Although most firms’ websites evaluated did a good job of getting prospective life insurance buyers’ attention, they did poorly in converting that attention into a sale
The plaintiffs had argued that they incurred increases in the cost of insurance on certain policies, representing breaches of the terms of their insurance contracts
Many in the insurance industry feel unprepared for the challenges the business is facing related to increasing regulatory demands and perpetually low interest rates, among others
But with growing regulation comes higher costs for companies — and small firms, in particular, are likely to struggle with these increasing expenses
HollisWealth will add $34 billion in AUA, 800 licensed advisors and 400,000 active clients to IA’s growing wealth-management operations
Pension risk transfer agreements have become more popular as continuously improving life expectancy threatens the long-term financial viability of many pension plans
FSCO found insufficient adoption of best practices
Insurance and financial services professionals will be able to collaborate with IT experts and investors at Cookhouse Lab on developing customer-focused insurance technology
GWL, Canada Life and London Life are making the Estate Protection series available to clients between 80 and 90 years of age. The series has a 100% death benefit guarantee
Clients who apply for life insurance and critical illness insurance will no longer be required to undergo a bevy of medical tests as part of the underwriting process