2017 Health Insurance Industry Outlook

| December 20, 2018

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Explore health plan industry trends and perspectives from Deloitte leaders. What factors are likely to shape the health insurance industry in the coming year.

Spotlight

The Personal Insurance Company

Together, The Personal and your organization give you access to exclusive group home, auto and business insurance rates and customized coverage. For more than 40 years, The Personal provides home and auto group insurance to members and employees of participating organizations. It now also offers recreational vehicle, business and pet insurance products. The Personal have been committed to meeting the unique needs of clients, and this commitment has earned them the trust of more than 700 Canadian businesses and associations today.

OTHER ARTICLES

What Will My General Liability Insurance Cover?

Article | March 26, 2020

General liability insurance is one of the most important types of insurance you can buy to protect your business. It is a broad type of coverage that provides protection against general risks. General liability coverage protects you from third-party claims made against your business, such as bodily injury and property damage. It does not cover workplace injuries sustained by your employees – those are covered under workers’ compensation insurance.

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How artificial Intelligence is changing insurance

Article | April 4, 2020

Here, we present the global megatrends that risk disrupting the insurance industry, and look at some of the insurtechs using AI to succeed Insurance is an industry that thrives on predictability. The more certain the outcome, the more insurance firms can be sure to offer fair rates and generate value for customers and shareholders alike. As such, it’s an industry that has been slow to adopt new technologies and adapt to global change. Today, however, change is here, and more is on the way.

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3 MODERNIZATION OPTIONS FOR INSURERS

Article | April 7, 2020

The global outbreak of coronavirus has exposed an unpleasant truth: many insurers are stuck with legacy systems that prevent them from offering seamless digital experiences to their customers and/or employees. Even more damaging, they can’t lower operating costs at a time when claims are climbing, and margins are disappearing. This isn’t a momentary problem. As bleak as things seem at the moment, one day this crisis will be over…and property & casualty (P&C) providers will still seek to modernize to remain competitive. Reconciling this seemingly contradictory mission – how can an insurer reduce operating costs while providing a better experience?

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Will COVID-19 Disrupt Insurtech?

Article | March 29, 2020

If there is one thing that we have all learned with the spread of COVID-19, it is that there is virtually no industry that is immune to its impact. The global pandemic is disrupting the daily lives of individuals, the operations of businesses, the activities of governments and even the approach of cherished institutions like museums, universities and religious organizations. The P&C insurance industry, like many others, is reeling from the implications of the virus. Amid the rapid changes, it is important to assess the impact of COVID-19 on the insurtech movement. After all, insurtech has always been touted as the ultimate disruptor of the insurance industry. But, might COVID-19 prove to be a disruptor to insurtech?

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Spotlight

The Personal Insurance Company

Together, The Personal and your organization give you access to exclusive group home, auto and business insurance rates and customized coverage. For more than 40 years, The Personal provides home and auto group insurance to members and employees of participating organizations. It now also offers recreational vehicle, business and pet insurance products. The Personal have been committed to meeting the unique needs of clients, and this commitment has earned them the trust of more than 700 Canadian businesses and associations today.

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