Harvesting Value from Closed Blocks Webinar

NEOS hosted a webinar for insurance professionals on “Harvesting Value from Closed Blocks of Business”. For many Life and Annuity companies, closed block business represents a cost and resource burden, typically becoming a factor when faced with acquisition, system modernization or allocating resources to develop new products or markets. Determining the best approach for resolving the disposition of closed blocks of business presents a challenge. During the webinar attendees heard from three highly experienced speakers in the insurance industry. Each speaker offered a different perspective on the process of deciding how to gain value out of a block of business that no longer sells.