History tells us that great teams achieve the near impossible. We see it in Olympic sports, in medical research, the arts, military, and particularly in business when great partnerships turn a mediocre plan into an outstanding result. The fact is that the industry functions best when we work together to solve macro needs and address the opportunities.
At the 2024 Distribution Conference, distribution executives from across the industry will come together to discuss strategies for successfully leading through today’s transformative forces.
How can we work together to win?
As an industry, we need to focus on the large and growing need for protection and retirement income. Working together, we can amplify our messaging to reach the millions of people who need our services and solutions rather than battling for the limited market share we have today. By 2030, gaps in investors’ retirement savings and needed protections are projected to exceed hundreds of trillions of dollars. This presents an opportunity for insurance companies to better serve current and potential customers to bridge these chasms. Although facing challenges, there is enormous potential for growth.
Our industry is constantly evolving, and we face various challenges that require innovative thinking. Together, we can identify solutions to challenges like technological disruption, cybersecurity risks, changing customer expectations, regulatory compliance, talent retention and skill gaps, fraud, economic volatility, and so much more.
Turning these challenges into opportunities requires a combination of technological innovation, strategic planning, regulatory compliance, and customer-centric approaches. We must be adaptable and proactive in embracing change to stay competitive.
Community Engagement Opportunity to Help the Amelia Island Sea Turtle Watch
Together, we can better prepare for the shape of things to come.
Don’t miss this premier event for distribution professionals.
Community Engagement: This year's Distribution Conference will be providing an opportunity to leave a lasting impact through donations to the Amelia Island Sea Turtle Watch. More Information