Inflation

Insurance companies can provide peace of mind and budget relief through innovating on how they partner with their customers to provide services and by leveraging advanced technology solutions.

To improve future performance the industry must sharpen its ability to successfully navigate trends.

Almost 80% of survey respondents were very dissatisfied with the current political climate.

The report emphasizes that accurate risk management practices and data utilization will be key in responding to this year's trends.

"In a highly volatile and highly unpredictable environment it is important to take a strategy of low risk," Buberl said in an interview with David Rubenstein for Bloomberg TV.

Digital Insurance reached out to insurance professionals about property and casualty trends to expect next year.

A new report from Forrester examines the risks, innovations and technology landscape for insurance.

Businesses need to rethink their approaches to insurance cost reduction.

Consumers continue to shop carriers for home and auto insurance in response to persistent rate increases.

Consumer advocate notes that insurance regulators' standard for data collection lags regulators of other types of financial services

Finding lower premiums via online shopping may be more difficult.

Agents should stay informed of how the latest emerging trends such as technology usage and persistent inflation are impacting their client.

Non-traditional approaches to insurance that SMEs should consider to protect their businesses from new and evolving risks.

Complex car technologies holding off increases in total loss claims.

TransUnion report cites inflation, premium costs as the reason for an increased rise in shopping.

Auto-insurer Geico reported a full-year underwriting loss of almost $1.9 billion as inflation ate into margins alongside elevated claim frequency and severity.

In the short term, there are some digital capabilities that can be leverage to offer policyholders relief.

With rising inflation and interest rates is the insurance industry prepared for what's ahead?

Insurance companies that best leverage data-driven technology solutions to predict and understand the intricate morass of new risks will position themselves to succeed.

Chaz Perera, CEO of Roots Automation, writes about three trends the industry faced this year and what may happen next.