Confidence in the future of the voluntary industry is rising, according to a new survey.
Eastbridge Consulting Group Inc., Avon, Conn., published this finding in a summary of results from a “confidence index” that Eastbridge calculates semi-annually. Based on responses from carriers, brokers, and vendors, the single-number index compares current results to a baseline measure.
Eastbridge’s confidence index increased to 102.1 from 99.9 at the mid-year survey, the company said.
“The index increased to its highest level since December of 2006,” says Gil Lowerre, president of Eastbridge. “We are pleased to see that those in the voluntary industry believe the economy is moving back to normal and opportunities for [voluntary sales] will be increased.”