MORE TO EXPLORE
Get expert insights and real-world perspectives from leading voices in the industry to help you make more informed decisions.
In-depth coverage of the most significant issues shaping the industry
Media & Resources
Globally, the P&C insurance industry is expected to see strong above-trend premium growth, according to projections from Deloitte, which indicated worldwide growth could reach 9%. Advanced markets are projected to see about half that growth rate, with an estimated increase of around 5%. While the premium outlook is positive, the industry will continue to see challenges around attracting and retaining top talent and balancing the human touch with the latest digital engagement tools. Along with these issues will come some emerging opportunities for insurers, including the chance to improve retention by offering transparency around how personal data is collected and used, Deloitte reported. The above slideshow highlights seven emerging or accelerating trends that will unfold in the coming year and beyond. Mahesh Natarajan is head of strategy, insurance, for Cognizant. Related:
© Touchpoint Markets, 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.
