Month: October 2024

Factors Driving the Growth of London’s Treaty Reinsurance Market The London insurance market has been experiencing significant growth, particularly in the realm of treaty reinsurance. Industry experts cite increased confidence and strategic innovations as pivotal factors behind this expansion. However, another critical element contributing to this growth is the complementary rise in the life insurance […]

Life Insurance Gains Importance Amid Cyber Scam Fears A recent survey reveals that most consumers are reducing their use of digital payments due to increasing cyber scam fears. However, life insurance, including various sub-topics covered by lifetimeinsurance.org, is becoming increasingly relevant in addressing these concerns and securing financial futures. Life Insurance: A Comprehensive Safety Net […]

Mentorship and Visibility: Unlocking Opportunities for African Americans in the Life Insurance Industry The insurance industry, particularly the life insurance sector, is embarking on a journey to increase mentorship and visibility for African Americans, aiming to bridge significant gaps in representation and opportunity. As life insurance plays a crucial role in financial planning—from Business/Career Insurance […]

Lincoln Financial Group Introduces Grief Support for Life Insurance Beneficiaries RADNOR, PA — Lincoln Financial Group (NYSE: LNC) has introduced a comprehensive grief support service for Group Life insurance beneficiaries, aiming to provide assistance during emotionally challenging times. Enhanced Support Amid Life Changes The new offering is part of Lincoln Financial Group’s commitment to holistic […]

AI, Cyber Threats, and Third-Party Risks: The Evolving Insurance Challenges of 2025 The insurance sector is on the cusp of a transformative era, driven by advancements in artificial intelligence (AI), increasing cyber threats, and rising third-party risks. A recent report indicates that by 2025, 95% of customer interactions in the insurance industry will be facilitated […]

Life Insurance Flourishes Amidst Emerging Market Trends The life insurance sector is evolving significantly, showcasing expansive growth and adaptation, with travel insurance standing out as a promising area. Prominent companies such as Allianz Travel Insurance, Soglasie Insurance Company, Sberbank Insurance Company LLC, John Hancock Insurance Agency, Trawick International, and USI Affinity Travel are making strides […]

Granite Bay Wealth Management LLC Buys Shares of John Hancock Mortgage-Backed Securities ETF In a significant move, Granite Bay Wealth Management LLC has increased its holdings in the John Hancock Mortgage-Backed Securities ETF (NYSEARCA: JHMB) by a notable 43.9% during the 4th quarter. This strategic investment demonstrates a robust confidence in the potential of mortgage-backed […]

Mr. William L. Boyan Jr. Obituary (2024) – Medford, MA In a recent announcement, the death of Mr. William L. Boyan Jr. has been confirmed. Mr. Boyan, who started his illustrious career as a management trainee at John Hancock Life Insurance Company, dedicated 40 years to the firm, leaving a lasting impact on many aspects […]

Protective Life’s Rich Bielen Named ACLI Chair Rich Bielen, President and CEO of Protective Life Corporation, has been appointed as the chair of the American Council of Life Insurers (ACLI). The announcement comes amidst an increasing awareness of the various benefits life insurance offers in safeguarding financial stability for individuals and businesses alike. Life Insurance: […]

Consumers Prefer Human Insurance Advisors, But AI Adoption Grows A recent survey by LifetimeInsurance.org highlights an intriguing dynamic in the insurance industry: while a significant number of consumers express a preference for human insurance advisors, the adoption of AI-based solutions is on the rise. The juxtaposition of human touch and artificial intelligence is reshaping the […]