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The technologies, insights and investments for insurance technology transformation all seem to be in place.
Here are some of the insurance business insights revealed in McKinsey's new study titled 'Global Insurance Report 2023.'
Women in insurance producer roles earn only 67.6% of what male agents make, according to the U.S. Department of Labor.
Here's why insurers that adopt cutting-edge analytics capabilities will move faster into the future.
The pandemic introduced worries, momentum and challenges that were bigger than companies had dealt with before. The ability to recognize where we stand can no longer take months.
The next phase of evolution for claims will be the incorporation of better data from innovative imaging and other emerging sources.
McKinsey expects that one-fourth of the processes in the insurance industry will be automated by 2025 through the usage of artificial intelligence.
A host of factors have created the perfect storm for a looming worker shortage.
Fitness programs, outdoor programs, and personal training are some of the top 2023 corporate wellness trends.
A recent report from McKinsey & Company offers advice for how P&C insurers in Europe can keep up with rising costs.