The evolving life insurance industry and increased consumer expectations are driving the need for new and dynamic service offerings. Thanks to forward-looking professionals like Melissa Carruthers, Life Actuary at Deloitte, large insurers who have been active in the industry for 100's of years, and newly formed innovative start-ups, are able to partner with advisors that understand their business needs and strategic goals.
Innovation in the Canadian Life Insurance Industry
By Melissa Carruthers Evolving Life Insurance Industry The Canadian life insurance industry is seeing a wave of innovation across multiple fronts. Evolving customer expectations, shifts in distribution, emerging technologies, big data, and the threat of nontraditional entrants have insurers looking to drastically change the way they do business.