Life Insurance Practice

Aite Group’s Life Insurance & Annuity Practice focuses of the needs of North American carriers but covers the overall industry supply chain —carriers, agents/distributors, technology and service providers.  The Life Insurance & Annuity Practice focuses on core system and process improvement topics as well as disruptive types of innovations that will allow insurers to grow, reduce costs, better manage risk, and provide a better experience to their customers.  Focus areas include:

  • Annuity growth drivers – product, process, and technology

  • Alternative distribution channels – including RIAs, banks, direct, and private health insurance exchanges

  • Worksite marketing

  • Life insurance underwriting

  • Life insurance and annuity-specific financial advisor applications

  • Core solution provider reviews – policy administration, new business/underwriting, compensation management

  • Life & Annuity carrier IT priorities and spending

  • Product development lifecycle planning