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.


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Among the top obstacles facing companies in 2021 could be a renewed potential for a U.S. federal privacy regulation as well as a shortage of qualified privacy talent on the market.  (Photo: Shutterstock)

Many corporations and risk managers have likely become intimately acquainted with the ins and outs of the California Consumer Privacy Act (CCPA) over the course of the last year. But there are still plenty of non-CCPA-related privacy issues on the horizon to keep risk management teams hustling throughout 2021.

For starters, companies looking to bring more privacy work in-house in their legal departments will likely have to contend with a shortage of available — or qualified — talent on the market. At the same time, there is a growing number of cases being brought forth under the EU’s ePrivacy Directive, which could have serious implications on approaching marketing activity.

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