How are changes in the external environment (demographic, economic, technology, regulatory/reporting, sociocultural etc.) disrupting the life insurance industry?

Life Insurance Industry
The assignment has the following guidelines:
1. The assignment (2 questions below) should be typed double-spaced (12 point font) and should not exceed 8 pages.
2. This paper is based on the Life Insurance Industry which is facing a strategic inflection point. Based on your research/readings on this topic, please answer the questions below – Consulting companies (McKinsey, BCG, Bain etc.) have research reports on this topic.
1. How are changes in the external environment (demographic, economic, technology, regulatory/reporting, sociocultural etc.) disrupting the life insurance industry?
2. How should the life insurance industry respond to these changes as they reimagine their operations and business strategies? In the technology arena please consider the impact of digitization, AI and data analytics and in the demographic areas please consider how best to attract millennials.
REQUIRED Readings
https://www.mckinsey.com/industries/financial-services/our-insights/unlocking-the-next-horizon-of-growth-in-the-life-insurance-industry
https://www.mckinsey.com/industries/financial-services/our-insights/unlocking-the-next-horizon-of-growth-in-the-life-insurance-industry
https://www.theguardian.com/world/2016/mar/18/a-hard-sell-the-industries-that-cant-get-millennials-buying
https://www.barrons.com/articles/do-millennials-need-life-insurance-1490132076