- Five Ways to Beat the Recession: Insurance Direct Marketers Get the Good News
by Kevin McKenna - A Fools Game: The Correct Name for Distributing Insurance via Banks?
by Carmen Effron - Insurance Brokerage Fee Income Among Bank Holding Companies In 2008
by Michael D. White - Plans to Expand Our Knowledge of the Utility of e-Underwriting & Other RAD Tools Coming in the Fall!
by Maria Thomson - Chairperson's Corner
- Editor's Column
NewsDirect
September 2009, Issue No. 60
Five ways to Beat the Recession: Insurance Direct Marketers Get the good news
by Kevin McKenna
It's tough to read a newspaper, watch television news, pick up a magazine, or visit news Web sites and not come away with a feeling of gloom and doom. However, the insurance direct marketing industry might beg to differ.
[ Full article ]
a fools game: the correct name for distributing insurance via banks?
by Carmen Effron
For some insurers the issue of distributing life insurance through banks can be likened to the Michael Bolton lyrics for the song, Fools Game ...
[ Full article ]
Insurance brokerage fee income among bank holding companies in 2008
According to the Michael White-Prudential Bank Insurance Fee Income Report,™ bank holding companies (BHCs) earned $11.80 billion in insurance brokerage fee income in 2008.[i] That amount constituted a 3.6 percent decrease from a record $12.25 billion in insurance brokerage fee income in 2007. The year 2008 is the first year in which total BHC insurance brokerage income declined.
[ Full article ]
Plans to expand our knowledge of the utility of e-underwriting & other rad tools coming in the fall!
by Maria Thomson
The MaD Section, with the co-sponsorship of the Product Development Section and the SOA Committee of Life Insurance Research, has initiated a research project to determine the risk selection efficacy of e-underwriting in conjunction with the use of e-data such as MIB, MVR and prescription med history.
[ Full article ]
Chairperson's corner
by Keith Dall
It is hard to believe that we are more than halfway through 2009. The Marketing and Distribution Section Council has completed many tasks and has plans to complete several more before the end of the year.
[ Full article ]
editor's column
by Nancy Manning
Summer's over, school is back in session, and 2009 is quickly disappearing from our view. MaD presents this, the second issue, of our newly formatted electronic newsletter. We hope you find it informative.
[ Full article ]