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March 17, 2014 at 02:08 PM
The private long-term care insurance (LTCI) industry is trying to push the gloom of the past few years away at the 14th annual Intercompany Long Term Care Insurance Conference.
Organizers have attracted about 800 attendees and 100 speakers to Orlando, Fla., for networking, and for eight different tracks of breakout sessions.
The actuarial track includes sessions on topics such as rate increases, morbidity improvement and measuring LTCI product volatility.
In the marketing track, speakers are trying to bring sellers of stand-alone LTCI products and life- and annuity-based hybrids together with a session on clarifying traditional product and hybrid product roles.
In a session on claims, speakers are talking about the sorts of catastrophic problems that lead to LTCI claims among younger insureds.
The chair is Karen Smyth, of Prudential Insurance Company of America, and the co-chair is Vince Bodnar, of Towers Watson.
The top-level sponsor category includes four primary insurance writers and one reinsurer, along with two distributors and three service providers.
