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21st Century Distribution: Leveraging Analytics in Annuity Wholesaling

Product Type: Market Research Report
Published by: TowerGroup
Published: October 2007
Product Code: R301-1343
Description
This TowerGroup Research Note analyzes the fierce competition between retirement solution providers, asset managers, and banks as they being to rethink and retool their sales models to capitalize on opportunities in the retirement market. By using a mix of segmentation, predictive modeling, and competitive information to match the best products with the appropriate consumers, a sales force can increase sales and customer retention. Legacy systems and poor data quality are no longer an excuse; small pilot projects and targeted data solutions up front will empower an organization to make more significant financial investments in the supporting technology later.
Table of Contents
Report Coverage

Consolidation Heating Up

Exhibit 1 Top US Issuers of Individual Annuities (2006)

Exhibit 2 Notable Mergers and Acquisitions in the Variable Annuity Industry (2004-07)

Distribution Differentiation

Exhibit 3 Retirement Solution Provider (RSP) Distribution Chain (2007)

The Analytic Approach

Tools of the Trade

Exhibit 4 The Hierarchy of Analytic Tools and Techniques

Who Is Paying?

Exhibit 5 Life and Annuity Organizations' IT Spending on New Projects by Type (2007)

The Path to Success

Summary

Ordering and More Information
Price and Delivery Options



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