This 2020 Connecticut insurance market brief is the latest in a series of reports on the insurance industry in Connecticut and its connection to the global insurance ecosystem. It explores and explains the new normal in our daily lives, in the way we work, and how it’s impacting risk and innovation for the global insurer of today.
The essence of work has changed across all industries and so has risk management and risk tolerance. Global issues of health, new consumerism and demographics, regulatory pressures and the digital economy have forced industry shifts and the insurance industry has had to adapt quickly to those changes. Innovation and agility are the new norms. Robotics, AI, IoT, and virtual work platforms are the new models.
Principal and Hartford Advisory Services Leader, PwC US