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How insurance can prepare for the next distribution model

McKinsey

As the COVID-19 crisis evolves, it will continue to affect insurance distribution around the world. Insurers can prepare by building a strategy focused on near- and long-term implications.

Insurance 144
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IT modernization in insurance: Three paths to transformation

McKinsey

Insurance companies can reap significant benefits from overhauling their core IT systems. Deciding which approach to choose depends on a range of considerations.

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Five steps to improve innovation in the insurance industry

McKinsey

Insurance executives are recognizing the power of innovation to accelerate the pace of company change. Yet for innovation to deliver long-term value, it must become embedded in a carrier’s DNA.

Insurance 126
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What every insurance leader should know about cloud

McKinsey

Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together.

Insurance 101
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How Asian insurers can use digital marketing to fuel growth

McKinsey

Modern digital marketing can cost-effectively amplify customer acquisition, conversion, and engagement, yet most Asian insurers still lack the strategies and capabilities to make it happen.

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Going all in: How one insurer updated its technology stack

McKinsey

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.

Insurance 115
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State of property and casualty insurance 2020

McKinsey

P&C represents about one-third of premiums in the insurance industry—yet it has been losing relevance for years. Six market-shaping forces are the key to its reinvention.

Insurance 103