As 2024 approaches the insurance landscape remains fraught with challenges – a prolonged hard market, rising inflation and interest rates, continued geopolitical uncertainty, climate change, and ever increasing regulatory costs and administration. Meanwhile, the need to support business, particularly SMEs, grows exponentially.
Meeting needs and preferences in way that is agile, cost-effective, customer-centric, and consumer duty compliant requires a smarter approach to digitisation.
In this white paper FullCircl explores what the future of insurance looks like, according to the people helping to shape it. And how brokers can identify new opportunities that drive growth and revenue.
• The current state of play
• The need to accelerate the shift to digital
• What Insurtech 2.0 looks like
• How to get smarter with data and technology