[September 12, 2014]

A.M.BestTV: AIG Life Distribution Chief John Deremo: Consumers Need More Useful Life Products

The fifth in a series of special interviews ^A.M.BestTV is running in September to support Life Insurance Awareness Month is an interview with John Deremo, American International Group's head of distribution for life products. Deremo said longer life spans and limited savings mean Americans will require life products that perform multiple functions. "We have a large population of Boomers who will live well into their 80s," Deremo said. "They just can't count on a pension plan or Social Security to take care of them in retirement to the extent they probably expected. They face rising expenses, especially when it comes to health care."

Click here to view the video program: http://www.ambest.com/v.asp?v=deremo914

Recent episodes of ^A.M.BestTV include:

• MassMutual Executive Vice President Michael Fanning: Face-to-Face Life Insurance Selling Is Vital: Michael Fanning, an executive vice president at MassMutual Financial Group, said his organization is continuing to invest in its captive sales force, saying it remains the most effective channel for life and protection products: http://www.ambest.com/v.asp?v=fanning914
• John Hancock Life Insurance Company President Michael Doughty to Life Industry: Keep It Simple: Michael Doughty, president and general manager of <>John Hancock Life Insurance Company, says he believes buying life insurance can be hard, with too many questions, so in response, his company is looking to technology, providing useful information and new products as a solution: http://www.ambest.com/v.asp?v=doughty914.
• LIMRA CEO Kerzner: Life Industry Needs to Move Beyond Life Events: Robert A. Kerzner believes life insurers have a huge untapped growth opportunity; yet, they must convince consumers that life insurance is a necessity, not just a purchase tied to major life events: http://www.ambest.com/v.asp?v=kerzner914.
• Boomer Esiason Steps Up for Life Insurance Awareness: Boomer Esiason discusses events in his early life that led him to a new appreciation for the need of adequate life insurance protection: http://www.ambest.com/v.asp?v=esiason914.
• Rates, Catastrophes and Reinsurance Outlook Dominate A.M. Best's Canada Market Briefing: Presenters and attendees at A.M. Best's Market Briefing in Toronto examine the impact of low rates, surprising property losses and A.M. Best's revised outlook for the global reinsurance industry: http://www.ambest.com/v.asp?v=canada914.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

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