Disruptive Forces Impacting The Insurance Industry In 2021

Insurers have the opportunity to redefine differentiated value amidst an increasingly complex and volatile competitive landscape. In this context, agile innovators integrating transformative technology, behavioral economics, and collaborative ecosystems have the potential to set the pace for change. With six core themes driving the future of insurance, industry leaders must balance an outside-in and inside-out perspective to anticipate developments and make more informed choices about the future. Overall, the insurance industry presents immense innovation potential, with high technology adoption and data streams multiplying.