A young person holds their phone as they select a happy face from a series of faces describing how satisfied they are as a customer. Post-pandemic, consumers' insurance needs have shifted as many have seen a change in the things in their lives they value and, therefore, want to protect. Photo: Black Salmon/Shutterstock.com

Insureds are loosening up a bit when it comes to what they share with their insurers, and 89% of customers in the U.S. say they are willing to share more personal data with their insurer than they already do in order to maximize their premiums savings and receive services better tailored to their needs. According to Capco's recently released 2023 U.S. Insurance Survey, this shows an increase of 17% compared to their 2021 survey.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO 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.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].