New York-based MetLife has developed a new Web-based benchmarking tool that enables employers to determine how the life insurance benefits they offer employees compare with other companies. The tool, which can be accessed at www.metlifeiseasier.com/lifedemo, also provides best practice suggestions for employers to get the most out of their group life benefit plans. More than one-third of Americans with financial dependents don't have any life insurance protection at all, and of employees who do have coverage, 30% have coverage less than one time their household income, according to Michael Witwer, MetLife vice president, Life Product Management. Because most people purchase life insurance through the workplace, MetLife sees employers as playing a critical role in closing the underinsured gap.
-
SDK integration can simplify and revolutionize digital offerings for health insurers.
2h agoSpectrum.Life -
The insurtech discusses its multi-line solutions and ethics of AI.
2h ago -
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
3h ago -
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
3h ago -
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
April 24 -
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
April 24