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‘Future vehicles require future insurance’

McKinsey & Company

In an interview with McKinsey’s Tanguy Catlin, Andrew Rose of OnStar Insurance discusses how telematics data will usher in a new era of auto insurance. Insurance Big data Analytics

Insurance 142
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Global Insurance Report 2023: Reimagining life insurance

McKinsey & Company

The global life insurance industry is facing an inflection point. Insights on Financial Services Insurance Strategic planningA fundamental reimagination will usher in significant change.

Insurance 100
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Reimagining the life insurance model in 2023

McKinsey & Company

Leaders in McKinsey’s insurance practice discuss industry trends and how companies can be successful by rethinking the life insurance model. Insurance Strategy Managing in Uncertainty Organization

Insurance 103
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How the Asian insurance market is adapting to the future

McKinsey & Company

In this podcast, three McKinsey partners and leaders of the Insurance Practice discuss the themes that will define Asian insurance in 2023 and beyond. Insurance Global forces

Insurance 100
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On the brink: Realizing the value of analytics in insurance

McKinsey & Company

Insurers in Europe, the Middle East, and Africa invest significantly in advanced analytics but have unlocked a fraction of the potential value. Insights on Financial Services Insurance

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Insurance: Transforming risk and compliance

McKinsey & Company

As economies emerge from the pandemic and plan for the next decade of growth, insurance companies need to rethink the strategic function of risk. Risk & Resilience Insights Insurance Risk management organization

Insurance 132
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How personalization at scale can invigorate Asian insurers

McKinsey & Company

Insights on Financial Services Insurance Asia-Pacific Digital strategy and organization AnalyticsThe surge in digital consumer interactions is making possible a new era of gathering, analyzing, and responding to individual customer data strategically and with precision.

Insurance 133
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Building new digital businesses in insurance

McKinsey & Company

More incumbent insurers are considering building digital businesses. Insights on Financial Services InsuranceThree McKinsey experts discuss what to do—and with whom.

Insurance 143
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Creating value, finding focus: Global Insurance Report 2022

McKinsey & Company

The insurance industry struggles to create economic profit. Insights on Financial Services InsuranceBut amid COVID-19’s enduring changes, opportunities await.

Insurance 145
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Insurance MGAs: Opportunities and considerations for investors

McKinsey & Company

Managing general agents (MGAs) fill key roles in the insurance distribution chain. Insights on Financial Services Insurance Top team effectivenessThe more informed investors are about how MGAs function, the better they can recognize opportunities.

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Creating an inclusive environment in insurance

McKinsey & Company

As one of the most diverse sectors for entry-level workers, the insurance industry has a unique opportunity to help marginalized people advance. Insurance Diversity Women & Leadership

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What every insurance leader should know about cloud

McKinsey & Company

Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together. Digital Insights Insurance Cloud computing Digital strategy and organization IT cost & performance improvement Innovation Leadership

Insurance 115
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What every insurance leader should know about cloud

McKinsey & Company

Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together. Digital Insights Insurance Cloud computing Digital strategy and organization IT cost & performance improvement Innovation Leadership

Insurance 114
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Tech-driven insurers: How to thrive in 2030

McKinsey & Company

Insurance operating models are on the verge of a fundamental change. To thrive in 2030, insurers must commit to a specific role and take action now to secure the tech capabilities they need. Insights on Financial Services Insurance

Insurance 145
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How American Family Insurance is investing in the agency channel

McKinsey & Company

As insurers rethink agent relationships, American Family Insurance is looking ahead, investing in digital tools and solutions that help agencies stay on top of trends and changing customer needs. Insights on Financial Services Individual insurance Health Care Financial Services

Insurance 122
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The new standard for insurance claims

McKinsey & Company

In this podcast, three claims experts discuss what insurers should consider as they update their technology, ways of working, and workforces to bring forth the future of claims. Insights on Financial Services Individual insurance Financial Services

Insurance 104
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A new age for insurance procurement

McKinsey & Company

In this podcast, McKinsey experts explore the insurance procurement themes executives should consider as the tremors from the pandemic push them to rethink their service-provider relationships. Insights on Financial Services Insurance

Insurance 124
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Unbundling value: How leading insurers identify competitive advantage

McKinsey & Company

For US life insurers to address new and old challenges, they need a fresh approach to their business model and how they create value. Insights on Financial Services Insurance

Insurance 118
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Global Insurance Report 2023: Expanding commercial P&C’s market relevance

McKinsey & Company

Insights on Financial Services Insurance Strategic planningThe nature of risk is evolving faster than ever. Commercial carriers must step up to fulfill the societal desire for resilience in a volatile world by closing protection gaps—or risk losing relevance.

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Cowbell Cypher Creates Insurance Opportunity for MSSPs

Channel Insider

Cowbell Cyper currently has a network of 6,000 insurance agents and brokers through which organizations with up to $1 billion in revenues can sign up for cybersecurity insurance coverage. “We provide affordable cyber insurance,” he said. Security Before Insurance.

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Going all in: How one insurer updated its technology stack

McKinsey & Company

Enrique Laso of MAPFRE USA discusses the insurer’s decision to undertake a massive modernization effort and how it successfully managed this change while meeting its technical objectives. Insights on Financial Services Insurance United States

Insurance 124
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Four executives on the future of insurance distribution

McKinsey & Company

Four insurance executives from around the globe weigh in on how distribution is changing, both in the wake of the pandemic and more broadly as customer and agent needs and expectations evolve. Insights on Financial Services Insurance

Insurance 133
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How insurers can act on the opportunity of digital ecosystems

McKinsey & Company

Professor Markus Warg, an ecosystem and platform enthusiast, discusses the role that big tech will play in insurance and the importance of setting the rules of the game within ecosystems. Insights on Financial Services Insurance

Insurance 145
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CEO brief: The future of business building in insurance

McKinsey & Company

Insurance executives must drive a shift in business from methodical to adaptive and faster. Insights on Financial Services Insurance

Insurance 114
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Revolutionizing insurance: The personalized insurance engine

McKinsey & Company

Uwe Stuhldreier—an executive at HUK24, Germany’s largest fully digital direct insurer—discusses a customer-centric, digitally enabled business model that could shape the future of insurance. Insights on Financial Services Insurance

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Connected revolution: The future of US auto insurance

McKinsey & Company

Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond. Insights on Financial Services Financial Services Disruptive Technology Growth

Insurance 141
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Unlocking the potential of deeper customer-agent-insurer relationships

McKinsey & Company

When done well, building more holistic customer relationships is a win-win-win for customers, agents, and insurers. Insights on Financial Services Insurance

Insurance 105
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Global Insurance Report 2023: Closing the personal P&C protection gap

McKinsey & Company

Insights on Financial Services Insurance StrategyDespite overall growth, personal P&C lines are losing market relevance and facing a growing protection gap, with a clear dichotomy between local winners and losers. What’s next?

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Countering inflation: How US P&C insurers can build resilience

McKinsey & Company

As property and casualty insurers in the United States struggle to maintain profitability, executives will need to direct a coordinated response across pricing, underwriting, claims, and other functions. Insights on Financial Services Insurance Strategy Leadership

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A wave of innovation: The state of insurance in Asia and North America

McKinsey & Company

McKinsey senior partners Brad Mendelson and Kurt Strovink discuss insurance trends amid the COVID-19 pandemic and how insurers can adapt to stay ahead and capture customers. Insights on Financial Services Insurance

Insurance 109
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Developing an effective M&A blueprint for insurers

McKinsey & Company

The North American insurance industry needs systematic capabilities to support programmatic deal making. Insights on Financial Services Insurance Mergers & acquisitionsA good place to start is the where, why, and how of an effective M&A blueprint.

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Underwriting talent: Strategies for property and casualty insurers

McKinsey & Company

Insights on Financial Services InsuranceFast-moving market conditions are putting new and more intense demands on underwriting. Updated talent strategies can help carriers meet this challenge.

Insurance 115
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How top tech trends will transform insurance

McKinsey & Company

Over the next decade, the fully tech-enabled insurer will bear little resemblance to today’s organization. Five trends, individually and in combination, will have a seismic impact. Insights on Financial Services Financial Services

Insurance 145
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Global Insurance Pools statistics and trends: An overview of life, P&C, and health insurance

McKinsey & Company

The ninth edition of McKinsey’s Global Insurance Pools database offers a detailed look at the insurance industry by region and line of business. Insights on Financial Services Insurance

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How to harness the power of teams in life insurance

McKinsey & Company

Teaming can unlock significant value in North America’s life insurance sector, but only if insurance carriers reimagine their distribution model across five dimensions. Insights on Financial Services Life insurance

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Insights into the 2022 individual health insurance market

McKinsey & Company

In this report, McKinsey’s Center for US Health System Reform shares its analysis of the individual health insurance market and outlines trends in products, plans, and prices from 2014 to 2022. Insights on Healthcare Systems & Services Individual insurance United States

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Climate and insurance: How carriers are preparing for a net-zero future

McKinsey & Company

Decarbonization means a new risk landscape and new strategic skill sets for insurers. Insights on Financial Services Insurance Climate changeMcKinsey subject matter experts from around the world discuss the shifts they’re seeing and the road ahead.

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Insurance of the future: An interview with Ren Huichuan of Tencent

McKinsey & Company

The senior adviser for the Tencent Group discusses the competitive advantages of WeSure, the group’s insurance-agency platform, and the wide-ranging challenges confronting modern insurers. Insights on Financial Services Insurance China

Insurance 105
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Pathway to distinctive performance: M&A options for European insurers

McKinsey & Company

As European insurance players reassess their strategic options in light of the pandemic, M&A can strengthen competitiveness and enhance performance. Insights on Financial Services InsuranceHere’s what companies should consider.

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Will Asian insurers make the right choices for health insurance?

McKinsey & Company

Private health insurance is a significant growth opportunity for insurers in Asia. To compete, insurers will need to reimagine their value propositions and rethink their operating models.