Life and Health insurance in the world we inhabit
There are a multitude of potential futures for Life and Health insurers in an increasingly volatile world. The rapid and unprecedented pace of change will drive out old business models and allow new ones to flourish. But what are the drivers and trends shaping and forming the industry and which opportunities should be pursued? There will be winners and losers as with all change but what should Life executives focus on to make their judgements.
Keylane worked with the renowned Global Futures and Foresight organisation and commissioned it to research the broad cultural and technological developments that will create this new world. David Smith, CEO of Global Futures and Foresight worked in cooperation with Keylane to produce this illuminating study highlighting the drivers and trends, the opportunities and the risks of this rapidly evolving world.
“A number of important yet well documented drivers are shaping the future life and health insurance environment. Whilst piecemeal change always sufficed up until now; it is widely accepted that insurance remains one of the last industries to confront, and undergo, significant change.”
The paper touches upon some of the following market trends:
David Smith, CEO of Global Futures and Foresight
The aim of GFF is to develop views of the future to help clients embrace change with more certainty, thereby releasing the full power of their creativity and innovation.