Insurers will juggle a host of priorities in 2016—all will try to accelerate focus on the customer.
Boston, January 13, 2016 – Though the U.S. insurance industry is entering 2016 well capitalized and profitable, too much capital capacity does not bode well for pricing as new capital flows in, seeking opportunities and driving pricing competition. Against this backdrop, insurers will be juggling priorities: modernizing their core systems, maintaining profitability within existing portfolios, accelerating their digital transformation, and cultivating new products and services.
This Impact Note is 15 pages. Clients of Aite Group’s Health Insurance, Life Insurance, and P&C Insurance services can download this report.