M&A and other forms of corporate restructuring are constant in the insurance industry, and legacy data architecture poses a huge threat to post-merger data architecture consolidation. Like other industries, cloud adoption is also becoming more attractive to insurers. (Credit: valerybrozhinsky/Adobe Stock)
As insurers entered 2020, they seemed well-positioned for growth in most markets, according to Accenture. Global premiums had just reached their all-time high of $5 trillion, and U.S. GDP was expected to rise 1.6%.
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