The macro challenges of a persistent low interest rate environment, unclaimed property and Actuarial Guideline 38 are among the topics taking center stage at this week’s American Council of Life Insurers (ACLI) 2012 Annual Conference in Washington, D.C.
Among the highlights I’m looking forward to are a Monday roundtable discussion featuring state legislators from across the country with expertise in public policy issues impacting the life insurance industry. Unclaimed property, financial regulation and the latest strains of STOLI are among the topics on the agenda.
Another Monday session about the complete eSale — from application to delivery — is also on my schedule. This session will talk about how companies are working to accelerate and condense the sales process, including voice applications, eDelivery and social media.
Also on Monday is a session on unclaimed property where three experts in unclaimed insurance property management will discuss the status of modernizing insurer policy benefit management, claims handling, and abandoned property processing, and how laws are evolving.
On Tuesday, among the sessions I plan to catch is one about the challenges of the secondary market, what lies ahead, and what can be done about it.