Skip to content

Accelerated Digitization: Driving an Industry in Transition

Patrick T. Leary, MBA, LLIF; Kartik Sakthivel, Ph.D., MS-IT/MS-CS, MBA, PGC-IQ 5/25/2021

This report explores how companies are leveraging digital solutions to adapt to changing realities and position themselves for future growth.

Summary

LIMRA and McKinsey & Company surveyed LIMRA member companies in the United States and Canada to explore their views on digital transformation. The report covers the following areas:

  • The digitization efforts that companies are undertaking today and in the future
  • Where digitization has had the most impact
  • The obstacles that companies face in implementing these solution
  • How the COVID-19 pandemic has affected customer behavior and company initiatives

Download Your Reports

No part of any report may be reproduced or translated without written permission from LIMRA. Please contact Customer Service for further information.

Related Research

Tech Evolution: Themes, Trends, and Considerations Shaping the Future of Technology in Financial Services

This paper offers a broad set of questions and considerations for organizations to keep top of mind in their technology journey, as they adapt to changing realities and position themselves for future growth.

Inside Insurance Analytics: Ethical, Methodological, and Risk Management Best Practices

LIMRA asked analytics leaders in the life and retirement industries about their best practices for handling ethical, methodological, and other analytics-related risks. Here are our findings.

U.S. Monthly Individual Life Sales

Get the latest monthly individual life sales and application trends. New January 2025 and December 2024 data.

Insights on the Consumer Decision-Making Process for Life Insurance: What Matters Most (for Whom)?

Learn what consumers value most, and the tradeoffs they are willing to make, when choosing a life insurance product.

U.S. Consumer Sentiment (January 2025)

In early 2025, political shifts and recent developments appear to be influencing consumer sentiment in various, albeit foreseeable, ways.

Meet the Project Director

Patrick T. Leary, MBA, LLIF

Patrick T. Leary, MBA, LLIF, is corporate vice president, workplace benefits research for LIMRA and LOMA. In this role, Pat leads a team of workplace benefits professionals responsible for conducting research on the products, markets, and distribution of a wide range of life, health, and related employee benefits.

Before assuming his current position, Pat directed LIMRA and LOMA’s distribution research program and, prior to that, was a member of LIMRA and LOMA’s group insurance research team.

Pat joined LIMRA and LOMA in 1989. He earned his bachelor’s degree from Hartwick College and his MBA from the University of Connecticut. Pat also earned his LIMRA and LOMA Leadership Institute Fellow (LLIF) designation in 2012.

Corporate Vice President Workplace Benefits Research
LIMRA and LOMA
pleary@limra.com


For more information, please contact pleary@limra.com.

You May Also Like...

Center of Excellence for Analytics

Identify risks and opportunities by tapping into LIMRA’s predictive analytic expertise and community.

LIMRA Data Exchange (LDEx) Standards

Making the process faster with standards. The LIMRA Data Exchange (LDEx) Standards are for insurance carriers and benefits administration technology companies looking to reduce errors, improve customer experience, and increase speed to market.

FraudShare

The neighborhood watch for financial services enables companies to defend against account takeover (ATO) schemes with easy, secure, real-time access to incident and threat indicator data with real-time email alerts.

Did you accomplish the goal of your visit to our site?

Yes No