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Insurers may need to reconsider the product's design, pricing and marketing strategy to get their distribution force more enthusiastically on board.
Extreme climate exposures have captured the attention of insurance clients and global business leaders.
Insurers are likely to face fundamental challenges in the decade ahead as many strive to reinvent products, technologies and business models.
Few expect an InsurTech investment bust anytime soon.
Insurers are coping with broad environmental shifts in the economy and society that threaten to undermine their entire value proposition.
Even now that more people are using their computers and phones to shop, insurance largely remains an exception.
There are several core traits shared by insurers that are operating at the highest cybersecurity level.
As insurers collect more granular data while improving analytical tools, they should be better able to anticipate and help mitigate major exposures.
Calls for personal and societal investment in catastrophe loss control, adaptation and resilience too often fall on deaf ears.
Insurers and InsurTechs may need to be more accommodating and attuned to one another's needs.
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