Insurers should be looking through binoculars rather than a microscope when assessing the potential impact of technology in transforming their business, focusing on the long term opportunities and threats posed by emerging exposures rather than concentrating only on how the latest hardware or software might help them incrementally improve internal systems and performance.
That was one of the key takeaways from presentations and informal discussions at what I like to refer to as the industry's "annual family reunion" in New York City — the Property-Casualty Insurance Joint Industry Forum, where the heads of primary carriers, reinsurers, brokerage firms and their association leaders gather to consider the state of the market and direction of the business.
Will a whole new insurance niche be needed?
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.