The Corporate Insight Blog provides our clients with current and upcoming digital trends, news, and insights across financial services industries on variety of digital topics including mobile finance, social media, online financial platforms, user experience best practices and other hot-button tech issues.
Justin is a Senior Research Associate for Annuity Monitor and Life Insurance Monitor at Corporate Insight.
February 14, 2018 by Justin Suter February, when love is foremost on many Americans’ minds thanks to Valentine’s Day, is the ideal time to associate life insurance with love. Recent research reveals that 41% of Americans own no life insurance, while 39% wish their spouse or partner would purchase more, indicating a clear opportunity for life insurance providers. Surprisingly, out of […]
January 16, 2018 by Justin Suter We are excited to announce the release of Corporate Insight’s 2017 Monitor Awards, our annual reports that recognize firms across our coverage groups for excellence in the digital user experience they offer prospects, clients and advisors. Throughout January, we will be releasing a series of slide decks highlighting gold-medal-winning firms in each of our financial […]
November 14, 2017 by Justin Suter In a study released in April 2017, the market research firm Celent profiled the modern online insurance consumer, concluding that a substantial subset (29%) would prefer to interact with insurers through digital channels such as a mobile app, website, social media platform or chatbot. Other intriguing survey findings include that 78% of social media users […]
October 05, 2017 by Justin Suter The Office of Management and Budget recently approved the Department of Labor’s request to delay full implementation of its widely discussed fiduciary rule from January 1, 2018 to June 1, 2019. Despite this decision, the annuity industry still needs to prepare to comply with the rule and educate advisors on upcoming changes. Two firms—AmeriLife and […]
August 09, 2017 by Justin Suter A recent study conducted by Princeton Survey Research Associates International found that only 42% of adults in the United States possess pivotal estate planning tools such as a will or living trust. Shockingly, that percentage decreases to a paltry 36% among adults with children under 18 years of age. The study’s findings reaffirm the fact […]
July 27, 2017 by Justin Suter The Department of Labor’s Fiduciary Rule has consumed industry attention over the last six months. The rule expands the 1974 ERISA Act’s definition of an investment advice fiduciary and requires advisors to act in their clients’ best interest at all times. The industry’s fixation has only increased since June 9, when phase one of the […]
March 17, 2017 by Justin Suter Prudential recently launched a Masterpiece of Love microsite and companion Tell Your Story site promoting life insurance products by discussing legacies and lost loved ones. The Masterpiece of Love site features a series of short films that highlight works of art by individuals who are inspired by their memories of loved ones who have passed […]
January 27, 2017 by Justin Suter Americans’ increasing reliance on mobile devices is disrupting how firms market and tailor their services to clients. Due to the proliferation of mobile services across the full spectrum of financial services, Life Insurance Monitor examined client mobile resources as an award category for the first time in our 2016 Life Insurance Monitor Awards Report. For […]
September 26, 2016 by Justin Suter The Department of Labor released a preliminary of version of its fiduciary rule on April 14, 2015 and the finalized version was made public a year later on April 6, 2016. Although September 6 marked five months since the rule’s release, it continues to be surrounded by ambiguity and uncertainty; an unfortunate situation furthered by […]
April 05, 2016 by Justin Suter On February 23, 2015, President Barack Obama called on the Department of Labor to update its rules and requirements to ensure financial advisors put their clients’ best interests above their own. “It’s a very simple principle,” Obama said, “You want to give financial advice, you’ve got to put your client’s interests first.” The DOL released […]