Life Insurance Spotlight: Industry Innovation, Policy Challenges, and Strategic Partnerships

Life Insurance Spotlight: Industry Innovation, Policy Challenges, and Strategic Partnerships

Indonesia:AAJI inaugurates centre of excellence for life insurance industry

28 January 2026

The Indonesian Life Insurance Association (AAJI) has officially opened its new center of excellence, GRHA AAJI, coinciding with its 24th anniversary. The 4,204 sq m facility is designed to support industry learning, collaboration, and innovation. It will serve as the hub for AAJI’s strategic activities and initiatives in the life insurance sector. The inauguration marks a milestone in strengthening professional development and knowledge-sharing within Indonesia’s life and health insurance industry. The center aims to enhance the industry’s capacity to adapt and innovate in a rapidly evolving market.

The life insurance ‘orphans’ no-one is talking about

27 January 2026

Canadian life insurers face a growing issue with “orphan” policyholders—people who have active life insurance policies but no servicing advisor. Without guidance, these policyholders may miss benefits, deadlines, or opportunities to adjust policies as their lives change. Cases include unpaid disability waivers or missed conversion options for long-term care, leaving families exposed and contracts underutilized. The problem stems from systemic factors like industry focus on new business, mergers, digital delivery, and high broker turnover. As policies age, particularly universal life plans from the 1980s, many accounts deplete without anyone managing them. Industry experts warn this quiet, widespread issue demands attention to protect consumers and maximize policy value.

Protective Expands Life & Annuity Distribution with Alfa Insurance

27 January 2026

Protective Life Corporation and Alfa Insurance have launched a new distribution partnership, allowing Alfa agents to offer select life and annuity products from Protective. The collaboration, effective January 6, expands Alfa’s portfolio and strengthens both companies’ shared commitment to serving families and communities in Alabama, Georgia, and Mississippi. The partnership aims to provide customers with more ways to achieve long-term financial security while leveraging trusted local agents. Protective supports agents with specialized training and market expertise to cross-sell life and annuity solutions effectively. Both companies emphasize their shared values of dependable service, strong relationships, and community focus. This alliance enhances Alfa’s offerings and broadens access to Protective’s life and retirement products.

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