Voluntary sales increased again in 2013, reaching $6.644 billion, up from $6.03 billion in 2012, according to new data released by Eastbridge Consulting Group.

Eastbridge president Gil Lowerre said they are “very pleased” with the findings, adding that “over $6.6 billion in new sales is an outstanding achievement.”

Determining the actual percentage increase, however, was difficult, Eastbridge said, due to several new companies and other companies changing the way they report voluntary sales. That being said, they estimated the annual industry sales increase at about 4.3 percent.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.