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Here’s what lies ahead for the industry in the new year


Author(s):

Deborah M. Smallwood, Senior Partner

Mark A. Breading, Partner

Karen Furtado, Partner

Tom Benton, Partner

Thad DeBerry, Partner, ReSource Pro Consulting

Publication Date: December 28, 2022

Number of Pages: 8

Price: $995.00 USD

2023 promises to be another interesting one for the P&C insurance industry. The digital transformation underway is proving to be unstoppable, even in the face of uncertain market conditions. That is not to say that current trends, such as inflation, the ongoing pandemic, and other societal pressures, will not shape the direction insurance companies will take in the new year.

This new SMA report features 10 predictions for the P&C industry in 2023, developed by the partners at SMA and ReSource Pro Consulting. These trends,  which are organized in the report by the impact on insurance firms, whether outside-in, inside-out, or a mix of both, are expected to further accelerate change in 2023 and beyond.

 

Table of Contents

  • P&C in 2023: More Transformation, But More Uncertainty 3
  • Top 10 Predictions for P&C Insurance in 2023 4
  • Conclusion 7
  • About Strategy Meets Action 8
  • Use of Our Reports
  • About the Authors