Companies in today's landscape have to be more prepared than ever. For the insurance industry, preparation is the name of the game.
2017 reminded the industry that unpredictable events can happen in an instant. From natural catastrophes to cyber attacks, losses soared. To stay ahead in 2018, many companies will need to comprehensively change their response strategies going forward.
Each year, Marsh's U.S. Casualty Practice identifies key trends expected to shape the insurance marketplace in the year ahead. Whether or not these trends are on their radar, companies will need to get ahead now more than ever.
Above are the 10 trends that could affect companies in 2018.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
