Technology Solutions

P&C insurers may have their hands full in 2017 coping with a host of challenges, but that doesnt mean they dont have significant opportunities for growth and operational transformation this year and beyond.

A break-out session at NU's Annual Insurance Executive Conference explored technology and channel initiatives underway, producers view on them, and where carriers are coming up short.

As you begin your strategic planning for 2017, keep these seven issues and their effects on the insurance industry in mind.

Inadequate information and documentation result in unrealistic reserves.

Carriers may have to consider some major adjustments in their business, operating, and investment strategies to maintain, let alone grow, their bottom lines in this Waiting for Godot environment.

Insurance regulation, led by the National Association of Insurance Commissioners and the 50 states departments of insurance regulation, has taken on a new meaning over the course of time.