We explore the trends that are changing insurance – and how the industry’s business models and thinking need to change for the NextWave.
We live in a transformative age, an age of change. Traditional insurance business models are being challenged by new thinking, new competitors, new ways of working and new challenges.
Insurers are already under pressure to change now. The next wave of macro and micro changes – global, local, industry and market-specific – promises increasingly complex risks and new, currently unpredictable demand for effective ways to provide resilience in these uncertain times.
Insurance leaders need to seize the upside of this disruption and anticipate and adapt to these emerging needs. EY Insurance can help guide clients through the many changes and challenges facing them now, next and beyond. Read on and get in touch to discover how we can help today to ensure insurance is ready for the opportunities of the future.
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EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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About EY
EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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