28 November 2018

Can commercial insurers transform, cut costs and accelerate growth? Minds made for transforming financial services

The commercial insurance industry enables the world of commerce, which is changing at an unprecedented rate. Insurers are struggling to keep up. Without profound shifts in business models, insurers are at risk of more innovative incumbents or new entrants gaining significant market share. In this article, EY identifies the compelling reasons why insurers need to act — from the changing shape of the economy and shifting customer needs , to the evolving distribution landscape and new technologies coming into play.

Document ID: 2018-6367