Credit: Andrii Yalanskyi / AdobeStock

Among insurance industry executives, 71% say AI is now their top priority, according to the International Insurance Society's 2026 Global Priorities Report.

The survey, which drew responses from nearly 20,000 C-suite insurance executives and senior leaders, found that AI has shifted from a future ambition to an immediate operational focus for industry leaders. However, 17% of executives said their firms are still unprepared to address AI's full implications.

Most leaders (51%) said technological advancement is their top social and environmental priority, surpassing climate risk for the first time in the study's history. Among 57% of firms, technology modernization is a priority in order to improve operational efficiency and address workforce and talent shortages.

Fluctuating financial markets and evolving regulations are also top of mind for executives. Among those surveyed, 62% said financial market volatility is their leading economic concern, ranking above inflation. Recession fears were also up by 11 percentage points over last year.

And 53% of executives said regulatory change is their top political and legal concern, surpassing cybersecurity for the first time in five years.

Photo credit: Andrii Yalanskyi/AdobeStock

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.