Life Insurance Closed Books And Related Management Challenges

Insurance closed books have been a serious topic of
discussion especially in the UK in recent years and to a lesser
extent in US and EU. Various perspectives have been
provided on insurance closed books, new market operators
have emerged to address the opportunity (in the UK) and
companies have addressed this issue in various ways. The
focus of this article is on the challenges of managing life
insurance and pensions closed books.
attrition further affecting customer service.
?Change in business strategy � Some key players in
the UK are focusing on their more profitable open
books as a business strategy leaving their closed books
to other players or specialized consolidators.
Business drivers behind life insurance closed books..