Weekly News Roundup – 23rd December
With Christmas just around the corner, it’s time to get one more weekly update in before the end of the year! Many of the top European insurers will enjoy a profitable finish to 2022 as they continue to recover from the pandemic. In a new video interview QBE discuss how Covid has transformed the customer profile and what brokers and insurers need to do to address their changing needs.
Seasons Greetings to you all!
AM Best: European insurers enjoy post COVID profits (Source: Global (Re)Insurance)
GWP sat at nearly 11% higher for 2022 compared to the previous year, with most of the largest European insurers returning to double-digit growth.
Bridging the insurtech divide with data in 2023 (Source: Carrier Management)
How insurtechs use and ingest data will be the differentiator between those who succeed and those who fall behind.
How have customer needs changed? (Source: Insurance Business Magazine)
Changing customer expectations since the pandemic require new style broker and insurer teamwork.
Opportunities for insurers in a rapidly shifting insurtech market (Source: Insurtech Insights)
This article discusses how traditional insurance carriers can “capitalize on the current valuation pressures on insurtechs”.