There are transformational changes on the horizon that are putting existing insurance business models at risk. The insurers that adapt will focus keenly on the customer, build their analytical capability, and have a superior capacity for innovation and reinvention. They’ll also be able to anticipate – not just react to – change, and be nimble enough to quickly capitalize on emerging opportunities.
PwC’s Marie Carr, Anand Rao, and Jamie Yoder explain in detail how insurers are building a competitive advantage in our Insurance 2020 & Beyond video series.
As the leading provider of professional services to insurance companies (including 38 of the 40 insurers in the Fortune 500), PwC has extensive knowledge of the issues, trends and challenges that insurers face, including: