In this research, we carry out a detailed analysis of the Property & Casualty (P&C) insurance industry, analyzing the forces shaping the industry’s future, especially in the light of the COVID-19 pandemic. We highlight the implications for key insurance functions and recommend strategies for P&C insurers to thrive in the next normal. The report also studies the industry’s IT services spend and provides IT outsourcing spend analysis by Line of Business (LoB), buyer size, geography, and IT services segment.
Scope
Industry: P&C insurance
Geography: global
Contents
In this report, we study the following topics:
Forces shaping the future of the P&C insurance industry
Implications for P&C insurers in the light of COVID-19 and how they can navigate the impact
A technology operating model to drive business transformation and set up P&C insurers for future success
IT outsourcing spend analysis of P&C insurers across LoBs, buyer types, geographies, and service segments
A global pandemic, natural catastrophes, geopolitical risks, and macroeconomic risks, coupled with a recessionary market sentiment, have created an extremely uncertain environment for insurance enterprises. While Life and Annuity (L&A) insurers remai…
