Close Close
ThinkAdvisor

Portfolio > Economy & Markets

Voluntary, Worksite Sales Rise

X
Your article was successfully shared with the contacts you provided.

Voluntary and worksite insurance sales increased 3.3% in 2009, according to Eastbridge Consulting Group Inc.

Sales rose to $5.4 billion from $5.2 billion in 2008, says Eastbridge, headquartered in Avon, Conn.

In-force premiums rose about 8%, to between $18.8 and $24.7 billion, Eastbridge estimates, based on a survey of 60 insurers that participate in the voluntary or worksite markets.

Eastbridge found that 10 of the top 15 companies that participated in the latest survey reported sales increases, and 5 reported 2009 sales increases of 14% to 34%.