Insurers face daily challenges when it comes to managing their operational processes, according to AutoRek's 2023 Insurance Industry Outlook. (VectorMine/Adobe Stock) Insurers face daily challenges when it comes to managing their operational processes, according to AutoRek's 2023 Insurance Industry Outlook. (VectorMine/Adobe Stock)

The insurance industry plays a critical role in safeguarding individuals and businesses against financial risks. Since the turn of the century, rapidly advancing technology has catalyzed permanent changes within the industry and, as a result, has left insurers seeking to manage change on all sides.

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
NOT FOR REPRINT

© 2024 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.