by A&A Editorial Team | Aug 7, 2024 | A&A Editorial Team, Recruitment, Recruitment Strategies
The workforce landscape is dramatically transforming, with flexibility emerging as a top priority for employers and employees. In this evolving environment, the insurance industry stands out with progressive practices, prioritizing work-life balance and career...
by A&A Editorial Team | Aug 7, 2024 | A&A Editorial Team, Recruitment, Recruitment Strategies
New numbers prove a significant opportunity to enhance diversity at all levels within the insurance industry, particularly at the leadership level. While current statistics show that Black Americans are underrepresented in senior roles, this highlights a clear pathway...
by A&A Editorial Team | Aug 7, 2024 | A&A Editorial Team, Life, Term Life
Life settlements — the sale of a life insurance policy to a third party — can be a financially beneficial option for policyholders who no longer need or want their coverage. However, when tax time rolls around, the implications of these transactions can be complex and...
by A&A Editorial Team | Aug 7, 2024 | A&A Editorial Team, Protection/Income, Wealth
New research shows the traditional goal of saving a million-dollar nest egg for retirement is being reevaluated. Recent insights from Hearts & Wallets, a leading data and benchmarking firm specializing in financial advice, suggest a shift toward a more nuanced...
by A&A Editorial Team | Jul 17, 2024 | A&A Editorial Team, Recruitment, Recruitment Strategies
The insurance industry is grappling with a significant challenge: a looming retirement wave and a negative reputation discouraging young talent. Nearly half (47%) of the insurance workforce in the U.S. is age 55 or older and anticipates retirement within the next few...