Kenneth Slaton

42% of insurance professionals under 40 are already considering leaving the industry within the next five years*. If you’re in the insurance industry, read that again. To solve this problem, you need to give your insurance agents a reason to stay in the business. You need modern ways to incentivize, recognize and reward your team with the gift of choice through an AI-enabled global catalog. Here are a few strategies to get started: ➡️ Provide training through user-friendly, modern technology ➡️ Acknowledge employees and peers with instant and continual recognition ➡️ Offer a choice of meaningful rewards through a Global Rewards platform Ready to get started? Contact us today! *Insurance Information Institute (III)

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Standing out as an exceptional leader, will require you to take a strategic approach. Here are some actionable recommendations to ensure you're firmly on the radar of insurance executive search specialists. https://lnkd.in/eush5Quq #Insurance #InsuranceCareers #ExecutiveSearch

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We’re hearing about many sales representatives seeking new opportunities, yet few are considering the insurance industry. 🤐 Our insurance sales leaders frequently share their hiring challenges with us, prompting a deeper look into the issue. Interestingly, few are addressing the root cause. Only 28% of the leaders we surveyed are prioritizing the training of their existing reps. However, proper onboarding and continuous training can prevent the turnover driving the current hiring needs. Enter gamification... 💡 Reinforcing effective training with rewards and recognition not only makes the habits stick but also makes the process enjoyable! #insurtech

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This Thanksgiving, let’s reflect on the powerful connection between gratitude and growth. In a special episode of the Aviation Insurance Podcast, host Tim Bonnell Jr Bonnell shares how balancing contentment with ambition can lead to personal, professional, and organizational success. To watch the full episode, click here: https://bit.ly/3CXsHtq #Thanksgiving #Gratitude #Growth #Podcast #AviationInsurancePodcast #PersonalDevelopment #BusinessLeadership

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Does your claims organization feel the healthy tension of balancing innovation and caution when evaluating new AI initiatives? If so, check out the latest Insurance Thought Leadership article that explores this issue through the eyes of two leaders who work closely with executives across carriers, TPAs, and employers. https://lnkd.in/eU_yXivD

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Did you miss our recent webinar? Check out the replay for perspectives on the latest in PFML programs. https://bit.ly/3xZex9l   #PFML #HumanResources #AbsenceManagement

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Before you jump on the latest weight loss trend, you may want to consider the following....

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Relationships are hard work. And without good communication, they become strained - regardless of the circumstances. Broker and underwriter relationships are no different. Whether you’re a broker trying to build and maintain rapport with customers or an underwriter trying to assess submissions and determine acceptable risk, a shared understanding of each side's priorities, goals, and pain points is key for healthier relationships and faster processes. That’s where insurance modernization can help. #lowcode #underwriting https://lnkd.in/dy9H4hdN

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As healthcare costs continue climbing 📈 , insurers are leaning harder into "gap-filler" products like critical illness and hospital indemnity insurance. These plans, designed to help workers manage major medical deductibles and co-pays, saw a 10% sales increase in the first half of 2024, totaling $2 billion. Critical illness premiums jumped 17%, while hospital indemnity policies climbed 12%, according to LIMRA data. Why the surge? More employers (37% for hospital indemnity) are offering these voluntary benefits, as flexible regulations and low-risk margins make them attractive to insurers. Players like Lincoln Financial Group Trust Co Inc and Prudential Financial are doubling down, with Lincoln reporting a twofold sales increase in workplace solutions over the past year. The trend underscores a growing reliance on these policies as workers navigate high-deductible plans. While they’re no replacement for comprehensive health coverage, they clearly fill a lucrative niche. #EmployeeBenefits #SupplementalInsurance #HealthcareCosts #CriticalIllness #HospitalIndemnity #VoluntaryBenefits

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Peace of mind, wherever your business takes you. SES' international health insurance plans offer comprehensive coverage for your employees, regardless of location. Learn more: https://lnkd.in/dSWrkFtd health-cover #disabilityinsurance #employeebenefits

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Employee Benefits Consultant, Trent Nichols talks about why working with Everlong Captive is not only an extra arrow in the quiver, but more like a battle axe when talking to prospective clients. Long term investment into a structure that provides predictability, a sustainable cost structure, and the transparency to ensure aligned goals. #brokers #captiveinsurance #everlongcaptive

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Are you self-employed? You may choose Disability Insurance Elective Coverage (DIEC) as a safety net for times when you become injured or are too ill to work. Learn more at: Bit.ly/ElectiveDI #Disability #SelfEmployed #Insurance #Employer #Benefits

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