Resolves positively if, by 2030-12-31, 75% or more of life insurance policies are completed without an intermediary/agent/salesperson. Online exchanges do not count as an intermediary for purposes of this market, except if they employ human agents that typically spend 2 hours or more on each transaction.
1,000Honestly, I think the life insurance market could see some serious disintermediation by 2030, especially with how fast tech is evolving. More people want direct access, fewer middlemen, and faster claims. That said, trust is still everything in this industry. I’ve seen my own family deal with claim delays, just check out reviews like https://www.pissedconsumer.com/ryze-claim-solutions/RT-F.html and you’ll see how frustrating it can get. People want transparency, speed, and accountability.