Eastbridge Report Forecasts Growth in Voluntary Benefits Market Over Next Three Years
The latest analysis by Eastbridge Consulting Group predicts a significant boom in the voluntary benefits market over the next three years, estimating sales could rise to between $10.5 billion and more than $12 billion. This report, aptly named "Forecasting Voluntary Sales" Spotlight™, employs various forecasting techniques to assess the impact of economic variables such as employment and inflation on the voluntary sales landscape through 2028.
Danielle Lehman, a senior consultant at Eastbridge, provides insights into the dynamics shaping this anticipated growth. As traditional employer-paid benefits, like life insurance and long-term disability insurance, pivot toward voluntary models, it becomes critical for employers to actively engage in benefits enrollments. Additionally, key regulatory changes also contribute to shaping future scenarios within the voluntary sector, underscoring the importance of adapting to these trends.
The "Forecasting Voluntary Sales" report doesn't just stop at numbers; it delves deeper into the current sales environment of the voluntary market. By analyzing historical sales patterns and projecting future trends, the report provides a comprehensive view that could assist carriers in crafting their strategic forecasts for voluntary sales opportunities.
A thorough examination of the report reveals insights about market influences, distribution methods, and comparative projections, turning it into a vital resource for any player in the industry looking to strategize for the future. By understanding these comprehensive projections, businesses can better prepare to navigate the evolving landscape of voluntary benefits and capitalize on the projected sales increase.
Moreover, it highlights that the information contained within the report could serve as a foundation for carriers to develop forecasts of their own regarding voluntary benefit opportunities. Given the changing dynamics in employee benefits, leveraging the insights from this report could be pivotal for many companies looking to adjust their offerings.
Eastbridge Consulting Group, recognized for its expertise in the voluntary and worksite benefits market across the United States and Canada, aims to empower companies with the knowledge they need to succeed in this rapidly changing arena. They are part of NMG Consulting, a renowned consulting firm with a focus on insurance and wealth management, offering strategic insights and analytics across various spheres.
In summary, this report serves as both a wake-up call and a guide for stakeholders in the voluntary benefits market. With potential sales projected at high levels, understanding these changes can position businesses to take advantage of the growing voluntary benefits landscape. For more details, including how to obtain a copy of the report, interested parties are encouraged to visit Eastbridge's official website or reach out via email. As the market shifts and evolves, staying informed will be the key to unlocking future opportunities in this promising sector.
Danielle Lehman, a senior consultant at Eastbridge, provides insights into the dynamics shaping this anticipated growth. As traditional employer-paid benefits, like life insurance and long-term disability insurance, pivot toward voluntary models, it becomes critical for employers to actively engage in benefits enrollments. Additionally, key regulatory changes also contribute to shaping future scenarios within the voluntary sector, underscoring the importance of adapting to these trends.
The "Forecasting Voluntary Sales" report doesn't just stop at numbers; it delves deeper into the current sales environment of the voluntary market. By analyzing historical sales patterns and projecting future trends, the report provides a comprehensive view that could assist carriers in crafting their strategic forecasts for voluntary sales opportunities.
A thorough examination of the report reveals insights about market influences, distribution methods, and comparative projections, turning it into a vital resource for any player in the industry looking to strategize for the future. By understanding these comprehensive projections, businesses can better prepare to navigate the evolving landscape of voluntary benefits and capitalize on the projected sales increase.
Moreover, it highlights that the information contained within the report could serve as a foundation for carriers to develop forecasts of their own regarding voluntary benefit opportunities. Given the changing dynamics in employee benefits, leveraging the insights from this report could be pivotal for many companies looking to adjust their offerings.
Eastbridge Consulting Group, recognized for its expertise in the voluntary and worksite benefits market across the United States and Canada, aims to empower companies with the knowledge they need to succeed in this rapidly changing arena. They are part of NMG Consulting, a renowned consulting firm with a focus on insurance and wealth management, offering strategic insights and analytics across various spheres.
In summary, this report serves as both a wake-up call and a guide for stakeholders in the voluntary benefits market. With potential sales projected at high levels, understanding these changes can position businesses to take advantage of the growing voluntary benefits landscape. For more details, including how to obtain a copy of the report, interested parties are encouraged to visit Eastbridge's official website or reach out via email. As the market shifts and evolves, staying informed will be the key to unlocking future opportunities in this promising sector.
Topics Financial Services & Investing）
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