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Instant Insights / 2021: Insurance trends and issues to watch

After a year as challenging as 2020, insurance professionals and insureds looking at 2021 with a positive outlook. But that doesn’t mean they are resting on their laurels. Now is the time for agents, brokers, and insurers to strategize for the months ahead. These articles provide insights into the insurance and risk management trends to keep top-of-mind this year.

Research

'Glass half full': Insurance brokers have positive outlook for 2021

An Aon Programs' study and Moody's analysis assert that the challenges of 2020 are unlikely to plague agents and brokers in the new year.

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Agents who participated in the Aon Programs survey said the following quote from Yoda in “The Empire Strikes Back” best represents their 2021 outlook: “Do, or do not. There is no ‘try’.” (Photo: atk work/Shutterstock) Agents and brokers who participated in the Aon Programs survey said the following quote from Yoda in “The Empire Strikes Back” best represents their 2021 outlook: “Do or do not. There is no ‘try..” (Photo: atk work/Shutterstock)

Insurance agents and brokers have been put through the wringer in 2020. Thankfully, all signs are pointing to a silver lining in the new year, especially as the distribution of COVID-19 vaccines is expected to uplift the economy and promote well-being.

According to a recent study by Aon Programs, an Aon Affinity business, 93% of insurance agents and brokers are approaching the new year with a “glass half full” mindset.

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Heather A. Turner

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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