Expert Webinar: Unlocking the Potential of Combination Products

​In 2022, combination (combo) products were the fastest-growing segment in the life insurance market, generating $4.3 billion (22%) of the industry’s total premiums. A versatile linked-benefit approach, combo products marry life and long-term care (LTC) insurance to create significant value for carriers and their policyholders.

Several forces are merging to make combo products the right solution for today’s needs. These include the widening long-term care coverage gap and a shift in combo product sales from the individual to the voluntary market, as noted in an article by Munich Re US Life’s combination product expert, Tony Laudato.

In this one-hour webinar, Tony will be joined by Munich Re’s Leo Tinkham and Milliman’s Robert Eaton for a thought-provoking discussion about why carriers can no longer ignore the combo product segment, with a lens on the shifting regulatory environment and the fast-growing opportunities that await insurance carries in the voluntary/worksite market.

Session Takeaways:

Why combo products have risen in importance.
Trends in the voluntary/worksite market that are driving new demand for combo product solutions.
Product structures and pricing strategies that work for swifter market entry and sustainable success.

Speakers

• Leo Tinkham, Assistant Vice President of Group & Living Benefits, Munich Re (Moderator)
• Tony Laudato, Vice President of Business Development, Products, and Partnership, Munich Re
• Robert Eaton, Principal and Consulting Actuary, Milliman 

>Watch the webinar recording< 

The information provided herein is for general information purposes only and should not be relied upon as professional advice. Munich Re, and its employees, directors, officers, and representatives do not warrant, represent or guarantee the accuracy, completeness, or currency of any of the information provided herein and accept no liability whatsoever arising in any way from the use of or reliance on such information, including liability for direct, indirect, special, incidental or consequential damages.

© 2024 Munich American Reassurance Company. All rights reserved. Copyrighted article.