The recent murder of an insurance CEO was a stark reminder to the industry of the mistrust it faces from the general public. A new report explores three key principals that the market should adopt to restore confidence. Oliver Wyman also has some advice to insurance CEOS in 2025, which focusses on “better promoting what the insurance industry stands for”.
How can insurance rebuild public trust? (Source: Insurance Business Magazine)
The CII New Generation Programme has released a report examining how collaboration and creativity within the market can only bolster positive public perception of the industry.
Growth, relevance, resilience for insurers (Source: Oliver Wyman)
Management Consultant, Oliver Wyman, proposes 10 to dos for insurance CEOs in 2025, including making the industry more engaging, sharpening investor narrative, evolving distribution strategies and chasing growth through M&A.
AI revolution in insurance: what to expect in 2025 (Source: Insurance Thought Leadership)
The insurance industry is investing heavily in the AI space but where is it going to make the most impact this year? Gregg Barrett believes it has a crucial role to play in hyper-personalising underwriting, climate risk assessment, and reducing processing times in claims.
What Trump’s executive order designating cartels as terrorist organizations means for insurance (Source: WTW)
Trump’s recent executive order regarding cartels could create “a potential coverage gap, though the speciality insurance market can close it”.
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