About This Episode

The world population is aging rapidly – 65 million people over the age of 65 will live in the U.S. by 2030.

The disparity between the length of time a person lives (their lifespan) and how long they are in good health and can function well (their healthspan) is widening. As a result, a significant portion of aging adults are spending longer portions of their lives in poor health as they struggle to pay for caregiving assistance. This grim trend is the reason why 73% of aging adults in the U.S. cite sickness as their main concern. They want to improve their health to protect their retirement. Surprisingly, this is a highly underserved market. Many aging adults have savings, income and wealth-transfer solutions, but due to a broken insurance market and old paradigms, very few can get solutions to hedge against disability and its wealth-draining consequences.

In 2020, the NeverStop platform was launched to allow life and health insurers to help their policyholders live longer and better by protecting them from disability and its financial consequences.

About Our Guest

Larry Nisenson is the chief growth officer for Assured Allies, leading the new business initiatives for the company.

For more than 25 years he has held leadership roles in the insurance and financial services industry, including chief commercial officer for Genworth’s U.S. life insurance business, covering long-term care, life and annuity products. The role also included oversight for CareScout’s Caregiver Support Services’ commercial offerings. Prior to that role, Larry held senior executive leadership roles at Plymouth Rock Assurance Company, AXA Equitable, American General Life Companies and Allstate. Larry started his career in financial services in 1995 as a financial advisor in New York City.

Show Notes

• The Assured Allies home page- https://www.assuredallies.com/
• The NeverStop home page- https://www.neverstop.com/

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