Trends and Outlook for the Insurance Industry
Dec 11, 2023
The insurance industry, which was previously steady and reliable, is no longer that way. Customers expect products that are specifically designed for them, it is difficult to grow without losing profitability, climate change is having an irreversible influence on some risk profiles, and distribution needs have become genuinely multichannel. While this was going on, technology kept making unrelenting progress, and a new player environment now poses a danger to consumer acquisition.
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