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Robert E. Nolan Company Announces new survey findings report for life & annuity industry executives: “an industry in transition”

DALLAS—(Business Wire) —The Robert E. Nolan Company, a strategy and operations consulting firm, today announced the release of its latest comprehensive survey of life and annuity industry senior executives covering key topics including growth, distribution, regulation, market segmentation, and technology.

This report captures over 60 senior-level life insurance executives’ views on the industry’s most pressing issues along with Nolan’s analysis and ideas for responding to historic changes taking place in the insurance market. Respondents provided information about the strategies that they intend to pursue in addressing the greatest drivers of industry change.

We believe the observations in this report will bring valuable perspectives to you and your management team including insights on:

bulletcurrent situation
bulletexpectations of the future
bulletover-arching strategies
bulletdemographics
bulletmarket and economic conditions
bulletdistribution
bulletnew regulations

This survey highlights several major trends around which to begin to build strategies and action plans on:

bullet global demographic shifts impacting products, distribution, employees, and consumers
bullet compressed margins with increased competition, both domestically and internationally
bullet service differentiation defined and delivered at the staff level, and not simply technological
bullet product modularization that allows the flexibility to plug-and-play features and benefits
bullet dynamic changes in the components and practices of distribution
bullet increased, and more consolidated, regulation of the industry at newfound depths
bullet accelerated technological changes that must be operationalized quickly

To download a copy of “An Industry in Transition,” visit www.renolan.com/lifesurvey.

ABOUT NOLAN. The Robert E. Nolan Company is a management consulting firm specializing in the insurance, health care, and financial services industries. For over 38 years, Nolan has helped companies achieve measurable improvements in service, quality, productivity, and costs through process innovation and effective use of technology. For more information, visit www.renolan.com.

 

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