Many insurance carriers have illustrated their resilience and adaptability in the face of uncertainty. (Photo: Sofiaworld/Shutterstock) Many insurance carriers have illustrated their resilience and adaptability in the face of uncertainty. (Photo: Sofiaworld/Shutterstock)

The insurance industry has weathered a difficult time and has confronted recent obstacles ranging from an influx of new competitors to technological advancements and premium increases.

Inflation, high interest rates, shifts in consumer demand, skills gaps and climate change are just some of the issues with which the sector continues to grapple, and it looks like there is bound to be more of the same throughout 2023.

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.