Outlining the challenges facing insurance and financial services companies under the new economic and business landscape, Robert Kerzner, president and CEO of LIMRA, LOMA and LL Global, opened the 93rd LIMRA Annual Meeting this week by telling attendees that 2010 holds a silver lining.
“The good news is insurance sales are trending upward and consumers’ confidence in us is slowly rebounding,” noted Kerzner. “But as important as consumer attitudes are, it’s not the only thing on our plate. The changes in competition, regulation, risk, capital and distribution will have varying degrees of impact on the future of our industry.”
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