AVON, Conn.--(BUSINESS WIRE)--More brokers are actively selling voluntary benefits, according to the 2017 Brokers and Voluntary Benefits—The Market Continues to Evolve Spotlight™ Report. The report is the result of a joint survey between Eastbridge with BenefitsPRO.
According to the latest survey results, the percentage of brokers saying they actively sell voluntary has increased since 2014 from 21 percent to 37 percent. If those who also cross-sell voluntary to all their accounts are included, the percent actively marketing voluntary today increases to 55 percent. The report also found:
- More Benefit Brokers selling higher amounts of voluntary
- Voluntary and Benefit Brokers selling similar voluntary products and from the same carriers
- Brokers less positive about the future of private exchanges than they were in the last survey
- Brokers less concerned over competition from electronic brokers than in 2015
Details on these and others findings are in the 2017 Brokers and Voluntary Benefits—The Market Continues to Evolve Spotlight™ Report. The report is currently available for purchase for $1,500. For more information or to order, call today at (860) 676-9633 or email Eastbridge at email@example.com.
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving insurance and financial services organizations in the United States and Canada.