Year: 2024

Richard “Rich” Boutilier’s Legacy and the Importance of Life Insurance The passing of Richard “Rich” Boutilier, a prominent figure in the life insurance industry, has brought attention to the vital role life insurance plays in safeguarding the financial futures of individuals and families. Rich, whose career included key positions at John Hancock Life Insurance Co., […]

Swiss Re Reveals What’s Impacting the Life Insurance Market Swiss Re, a global leader in reinsurance, has unveiled some of the key factors currently shaping the life insurance market. As interest rates rise and economic conditions fluctuate, the life insurance sector faces a diverse range of challenges and opportunities. But amid this dynamic landscape, the […]

Edward D. Crowley Jr. Obituary (2024) Remembering a Life Insured and Lived in Full Edward D. Crowley Jr., a long-term and cherished employee of John Hancock Insurance Company, passed away recently in Watertown, MA. His affinity for the Back Bay area in Boston was well-known, as he relished his daily walks during lunch hours. In […]

How Diverse Experiences Can Help You Break Through in Insurance Breaking into the insurance industry doesn’t necessarily require a traditional background. Industry insiders reveal that diverse experiences can be instrumental in gaining success, especially when entering specialized areas such as life insurance. From career shifts to personal life changes, a range of experiences can pave […]

The Role of AI in Enhancing Life Insurance Services AI in Disability Insurance: A Case for Improvement in Life Insurance Artificial Intelligence (AI) has emerged as a powerful tool in the disability insurance landscape, as highlighted by RGA’s recent analysis. The double-edged nature of AI – promising both benefits and pitfalls – emphasizes the growing […]

AI: A Double-Edged Sword for Disability Insurance The realm of disability insurance is experiencing a paradigm shift with the introduction of artificial intelligence (AI). As highlighted by Reinsurance Group of America (RGA), while AI promises significant benefits, it also presents unique challenges that carriers must navigate to avoid potential pitfalls. AI Benefits in Disability Insurance […]

Panel Discusses Emerging Insurance Asset Investment Risks and Returns In a recent panel, industry experts delved into the complexities of emerging insurance asset investment risks and returns, highlighting the challenges and trade-offs involved with certain asset classes. The discussion, hosted by the financial portal Insurance Business Mag, centered around the growing intricacies in managing assets, […]

The Liberty Company Names President of Liberty Select The Liberty Company has announced the appointment of a new president for its specialized division, Liberty Select. Executive Tom Smith, who brings decades of experience in the insurance industry, is set to lead the division to new heights. Emphasizing Life Insurance and Its Benefits Life insurance plays […]

Insurance Commissioner Thanks Governor for Budget Focus On Monday, the state’s Insurance Commissioner expressed gratitude towards the Governor for allocating vital resources in the latest state budget. The focus on expanding insurance accessibility and security has garnered commendable attention, particularly in the realm of life insurance, which has far-reaching benefits for individuals and businesses alike. […]

Understanding Life Insurance Benefits with Wrap-Up Programs Understanding how insurance cost savings are realized on a Controlled Insurance Program (CIP), also known as a Wrap-Up, carries significant implications, especially when paired with various aspects of life insurance. By exploring the benefits offered by life insurance policies, individuals and businesses alike can secure financial stability across […]