Windsor, Conn. — Nearly half of producers LIMRA surveyed in November reported an uptick in business and referrals despite the economic crisis.
“Much like what we saw in our recent consumer survey, producers are not seeing their clients abandon the market,” says Robert Baranoff, LIMRA SVP for member benefits. “Producers report that almost 90% of their clients made no changes to their financial portfolios as a result of the financial crisis, and 46% of the producers surveyed obtained new referrals during this period.”
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