The New Risks: Are Insurers Prepared to Respond?
Business model disruption is just a new risk or two away. In today’s new market dynamic risk is a two-way street for insurers. Some new risks may afford them the opportunity to step in and provide coverage to another market. Other risks might shake the foundations of insurance and force them into new business models and developing new products. An insurer’s ability to de-risk any risk may be found in the ability to think ahead and respond. This is the thinking behind Majesco’s latest thought leadership report, Strategic Priorities 2019: Accelerating the Path to the Future of Insurance. Using our survey data, we are going to pose and answer some pointed questions about how insurers are responding to a new dynamic that future risk will affect their businesses.
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