Market uncertainties in the insurance industry may be easing somewhat, but new research indicates financial services and insurance providers will continue to be susceptible to outside forces in the years ahead. To stay relevant, carriers will have to adjust. The findings are part of new research from LIMRA, an insurance and financial services trade association.
According to LIMRA, factors external to the financial services industry could further alter distribution models. Fifty-seven percent of industry leaders agree that within the next five years, an outside source will be a disruptive force in the life insurance market, according to a new report.
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