The US life insurance and annuities market is experiencing a shifting landscape. Protect and grow your book of business and your clients' financial wellbeing by staying ahead of these five trends.

1. Legislative and administrative updates

What significant changes should you expect in the insurance industry if the additional fiduciary regulations proposed by the Department of Labor (DOL) pass?

2. Product updates

How will the 2025 sunset of The Tax Cuts and Jobs Act impact your clients' estate tax exemptions? What policies can help mitigate the tax impact?

3. Technology and innovation

Could state-led prohibitory orders against the use of artificial intelligence (AI) have ramifications on product pricing?

4. Markets and economy influence

If market volatility continues, the demand for insurance products is likely to increase. What products are insurers moving to as they adapt?

5. Mergers and acquisitions

Mergers and acquisitions are picking up the pace. How are major indexed annuity mergers reshaping the landscape?

With many changes in play, it's important to stay abreast of the key areas that may significantly influence the US life insurance and annuity space in 2024 and beyond. Read the report and connect with your Gallagher consultant to strategize.


Author Information

Jason Orlosky

Jason Orlosky

Head of Investment Strategy and Platform, Area Vice President, Financial Planning


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