Adapt to survive: Keeping commercial insurance relevant

Insurance has long served UK companies well, and continues to do so. Its role, however, has come under scrutiny as never before, especially since the onset of the recession in 2008. The percentage of the corporate risk map coverable by insurance is smaller now than at any time in the past, and its position will continue to diminish unless the market adapts and provides more dependable products.

This article studies why the insurance industry needs to adapt to survive.