I can see signs in my own business that the life insurance industry is growing again for the first time in many years.
- Disagree (60%)
- Agree (23%)
- Not sure (17%)
Those attending last month’s Riskinfocus 25 conferences heard the life industry is growing again following a period of stagnation.
Speaking at the events that were held across the country, TAL’s Chief Executive, Individual Life, Gavin Teichner, referenced a range factors relating to new business, more advisers writing life insurance, and enhanced licensee support.
He pointed to figures indicating an 8.3% increase in life insurance new business across the sector and said $316m in new business sales were written last year.
But what’s your personal experience? Are you seeing a similar uptick in your own advice business?
See our report: Positive Signs for Risk Advice
