Based on industry trends, Eastbridge coined the term groupification more than 15 years ago to describe the underlying direction of the voluntary industry.
While brokers have become comfortable with most traditional plans, pet insurance, identity theft coverage, legal plans and employee purchase programs also are becoming increasingly common in benefit packages.
We've written several articles about the change that has occurred in benefit managers' attitudes toward the types of coverages that are suitable for their employees.
The latest Aflac WorkForces Report claimed 51 percent of brokers are only slightly, or not at all confident about the future of their firm and their industry.