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Insurer Solutions

Powering growth; strengthening resilience

Insurance companies will need to accelerate their plans to innovate and transform if they are to survive, grow and deliver sustainable profits in the coming decade.

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Helping insurers innovate, transform and thrive

A decade of change; a decade to change

After a 2010s decade of near constant change in the insurance industry, 2020 brought the added challenge of a global pandemic. With the economic after-effects of that likely to last for some time, adding to the continuing ripple effects of technology and regulation, what may shape how insurers achieve growth yet maintain resilience in the coming decade?

Over the course of 2021 we will be examining a range of salient issues under an umbrella theme of ‘Powering growth; strengthening resilience’. Under three key pillars, we will share a range of articles, podcasts, research and videos.

The Key Pillars

  1. The essentials

    Building on core foundations to strengthen resilience

    We explore how insurance companies will need to build on core foundations, from data and analytics to target operating model design, if they are to develop the level of resilience needed to thrive.

  2. The differentiators

    Innovating and transforming to drive efficiency and growth

    We explore how insurance companies will need to embrace innovation and transformation to find efficiencies and growth in increasingly complex and tightening markets.

  3. The environment

    Responding to downside risk and upside opportunity with speed and efficiency

    We explore how insurance companies will need to develop the flexibility and agility to react to threats and opportunities presented by the market.

As an introduction to these critical building blocks for future success, please read our first featured article 'Powering growth; strengthening resilience: Helping insurers innovate, transform and thrive' below, which outlines the high-level thoughts from some of our senior leaders and subject experts on the short and medium-term challenges facing insurers.

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