Life industry needs 21st century solutions - ITA's Phil Story

Added 24th March 2016

The head of distribution for Investors Trust Assurance (ITA), Philip Story, says life companies are in need of 21st century solutions to meet the changing demands of today's clients.

Story, who has over 20 years experience in the global insurance sector, believes market volatility and uncertainty among investors about their retirement plans is increasng demand for different types of products including such things as guaranteed products.

And says that increasingly tech-savvy clients are are also forcing life companies to deliver all their services digitally if they are not to get left behind.

ITA offers investors a guaranteed S&P 500 product with a capital gurantee provided by global banks which he details.

Story also talks about the growth outlook for ITA, especially in the Middle East  and how the company is developing its business across the region as some of the other major insurance companies pull back.

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Richard Hubbard

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Richard Hubbard is the group editor at Last Word. He is responsible for the editorial content of International Adviser, Portfolio Adviser, Expert Investor and Fund Selector Asia. Richard previously worked for Thomson Reuters and has covered the financial services industry and investment themes from its offices in London, Singapore, Hong Kong and New York. Richard started his career at the Australian Financial Review in Sydney.

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