McKinsey

JUNE 23, 2020

Many insurers have experienced unsuccessful tech modernization efforts. To reverse this trend, insurers need to first become aware of common misconceptions—and then address them head-on.

Insurance 145

Insurance 145

McKinsey

FEBRUARY 15, 2022

The insurance industry struggles to create economic profit. But amid COVID-19’s enduring changes, opportunities await.

Insurance 145

Insurance 145

McKinsey

JUNE 13, 2020

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 145

Insurance IT 145

McKinsey

DECEMBER 4, 2020

To compete with digital players, traditional insurers should consider building their own new digital businesses. Markers across four critical areas can show if insurers are on track.

Insurance 144

Insurance 144

McKinsey

OCTOBER 14, 2021

As economies emerge from the pandemic and plan for the next decade of growth, insurance companies need to rethink the strategic function of risk.

Insurance 133

Insurance Management 133

McKinsey

MARCH 12, 2020

Today, insurers win by offering a product. Tomorrow, insurers will win by providing access to prevention and assistance services—and by offering the right product to the right customer at the right time.

Insurance 145

Insurance 145

McKinsey

JUNE 2, 2021

Insurance executives must drive a shift in business from methodical to adaptive and faster.

Insurance 141

Insurance 141

McKinsey

SEPTEMBER 30, 2021

Over the next decade, the fully tech-enabled insurer will bear little resemblance to today’s organization. Five trends, individually and in combination, will have a seismic impact.

Insurance 145

Insurance 145

McKinsey

FEBRUARY 3, 2023

In this podcast, three McKinsey partners and leaders of the Insurance Practice discuss the themes that will define Asian insurance in 2023 and beyond.

Insurance 134

Insurance 134

McKinsey

SEPTEMBER 15, 2022

Autonomous mobility has the potential to dramatically transform the automotive insurance market, from underwriting to claims and beyond.

Insurance 143

Insurance 143

McKinsey

MARCH 30, 2021

Professor Markus Warg, an ecosystem and platform enthusiast, discusses the role that big tech will play in insurance and the importance of setting the rules of the game within ecosystems.

Insurance 145

Insurance 145

McKinsey

SEPTEMBER 15, 2022

Here’s the role insurers can play. The world’s transition to net-zero emissions will cost trillions of dollars and present new kinds of risks.

Insurance 130

Insurance 130

McKinsey

FEBRUARY 18, 2021

Private health insurance is a significant growth opportunity for insurers in Asia. To compete, insurers will need to reimagine their value propositions and rethink their operating models.

Insurance 113

Insurance Operator 113

McKinsey

NOVEMBER 10, 2020

Despite market complexity, many opportunities exist for private equity players to create value in insurance. We studied the US industry and offer a set of investment recommendations to guide PE firms’ decisions.

Insurance 138

Insurance 138

McKinsey

SEPTEMBER 13, 2021

In this podcast, McKinsey experts explore the insurance procurement themes executives should consider as the tremors from the pandemic push them to rethink their service-provider relationships.

Insurance 128

Insurance 128

McKinsey

APRIL 2, 2020

Three different approaches can enable insurers to respond effectively. Consumers expect a seamless, digitally enhanced experience across multiple access points and channels.

Insurance 139

Insurance 139

McKinsey

AUGUST 1, 2020

COVID-19 reinforces the urgency to make life insurance purchasing simpler and more digitally enabled.

Insurance 145

Insurance 145

McKinsey

APRIL 23, 2020

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 137

Insurance IT 137

McKinsey

JANUARY 6, 2021

In the transition to a green economy, the insurance industry can play a critical role in helping stakeholders manage risk.

Insurance 133

Insurance Management 133

McKinsey

AUGUST 23, 2021

Four insurance executives from around the globe weigh in on how distribution is changing, both in the wake of the pandemic and more broadly as customer and agent needs and expectations evolve.

Insurance 133

Insurance 133

McKinsey

NOVEMBER 16, 2022

The global life insurance industry is facing an inflection point. A fundamental reimagination will usher in significant change.

Insurance 105

Insurance 105

McKinsey

MAY 3, 2023

AI’s potential for competitive advantages remains largely unrealized in the Asian insurance industry. There is a framework for success: invest in AI not discretely but across the value chain.

Insurance 117

Insurance IT Management 117

McKinsey

NOVEMBER 5, 2020

Insurers that can adapt their offerings could seize a sterling opportunity. UK small and medium-size enterprises are facing the recovery with a new set of needs.

Insurance 145

Insurance 145

McKinsey

MARCH 4, 2022

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 138

Insurance IT 138

McKinsey

DECEMBER 16, 2021

The senior adviser for the Tencent Group discusses the competitive advantages of WeSure, the group’s insurance-agency platform, and the wide-ranging challenges confronting modern insurers.

Insurance 124

Insurance 124

McKinsey

MARCH 17, 2022

As insurers rethink agent relationships, American Family Insurance is looking ahead, investing in digital tools and solutions that help agencies stay on top of trends and changing customer needs.

Insurance 122

Insurance 122

McKinsey

NOVEMBER 29, 2021

When done well, building more holistic customer relationships is a win-win-win for customers, agents, and insurers.

Insurance 127

Insurance 127

McKinsey

MARCH 29, 2022

The picture of diversity in insurance varies across markets and companies. In this podcast episode, McKinsey experts explore the challenges of increasing diversity and the best places to start.

Insurance 23

Insurance 23

McKinsey

SEPTEMBER 9, 2022

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

Insurance 124

Insurance IT 124

McKinsey

DECEMBER 21, 2022

Leaders in McKinsey’s insurance practice discuss industry trends and how companies can be successful by rethinking the life insurance model.

Insurance 111

Insurance Management 111

OilPrice

MAY 20, 2025

Established in December 2022, the G7 oil price cap prevents Western-allied companies from providing shipping, insurance, and related services for Russian crude sold above $60 per barrel.

Oil 315

Oil Insurance Barrel Finance 315

McKinsey

APRIL 11, 2023

This represents an outsize year for insurer and enrollment growth. More than 3.6 million new consumers entering the market are choosing among an average of 88 plans.

Insurance 122

Insurance 122

McKinsey

JULY 6, 2020

Insurers that succeed in the coming years will be those that recognize talent strategy has the same importance as core business strategy.

Insurance 128

Insurance 128

McKinsey

JUNE 9, 2022

For US life insurers to address new and old challenges, they need a fresh approach to their business model and how they create value.

Insurance 122

Insurance 122

McKinsey

MAY 11, 2022

McKinsey senior partners Brad Mendelson and Kurt Strovink discuss insurance trends amid the COVID-19 pandemic and how insurers can adapt to stay ahead and capture customers.

Insurance 124

Insurance 124

McKinsey

MAY 11, 2019

Our 2019 analysis of McKinsey’s Global Insurance Pools database offers a detailed look at global insurance trends, with analysis by region and line of business.

Insurance 110

Insurance 110

McKinsey

JULY 3, 2020

Now more than ever, insurers are focusing on reimagining the role of technology, reinventing technology delivery, and future-proofing the foundation of core technology. Twelve articles dive deep into the what, why, and how.

Insurance 128

Insurance 128