Global insurance leaders are grappling with disruption and uncertainty. Consider extreme weather events and the new global record for insured losses due to natural catastrophes. How will that affect risk models and pricing? As the protection gap grows, what can (and should) insurers do to address it? With the staggering amount of data that’s available, how can insurers use advanced technologies like AI and generative AI to drive product innovations and operational efficiencies?
To answer questions like these, Economist Impact (sponsored by SAS) surveyed more than 500 insurance executives in September and October 2024. Organizations of all sizes and types responded. The results show that amid the challenges, there’s room for cautious optimism.
Delve into the survey results to see how leaders responded to questions, such as:
- Which trends will have the most impact over the next decade – and which pose the biggest risks and opportunities?
- What’s the key to staying ahead of industry trends and accelerating the business?
- What are internal and external barriers to success?
- Which technologies are driving the biggest industry changes?
