2014 Could Be A Game-Changing Year for Insurers

While property and casualty insurers face market conditions and additional obstacles that may be outside of their control, that doesn’t mean they don’t have the ability to shape their own destinies.

Be prepared for a more dynamic mergers and acquisitions market. …many insurance markets are becoming increasingly competitive, driven by new entrants and increased capacity….

The distribution landscape is morphing into an increasingly diverse mosaic.  Insurers are looking for new, more cost-effective ways to reach consumers, particularly in underserved markets…

Regulatory uncertainty leaves many insurers in a holding pattern.

Transformations and the ‘talent paradox.’  More carriers will be launching transformations in underwriting, claims, finance and other core functions…

Carriers look to differentiate themselves with tech enhancements. 

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