An SMA Research Report
- Author(s):
- Mark A. Breading, Partner
- Publication Date:
- June 19, 2020
- Number of Pages:
- 10
- Price:
- $1,495.00 USD
Insurers are faced with more uncertainty in their strategic planning than ever before. The global pandemic, economic downturn, and societal upheavals across the US are making big impacts on P&C insurance in 2020 and beyond. This SMA Research Report outlines four potential scenarios that insurers might be faced with through 2022 to aid in planning efforts. The research builds off scenario planning engagements that SMA has conducted with insurers over the past 12 months and creates a new lens for scenarios that takes into consideration the momentous events of this year.
Table of Contents
- P&C Insurance in the Midst of the Pandemic 3
- 2020: A Year Like No Other for Insurance
- Adjusting Plans for Today, Planning for the Future
- A Post-COVID Scenario Model 4
- External Factors Shaping the Scenarios
- The Four Scenarios
- Strategic Planning for 2021 and Beyond 7
- Analyzing the Scenarios
- Watchpoints for the Future
- Essential Investments
- SMA Recommendations 9
- About Strategy Meets Action 10