Market Insights

What does 2010 have in store for the workers' compensation market? The sector can be considered a mix of good and bad news.

One of the biggest challenges facing the insurance industry is the graying of the work force. Industry studies show that the average age of an insurance professional is 54, and 60 percent of the workforce is now older than 45.

There is no shortage of SaaS-based solutions for policy administration in the market, but is now the time for insurers to move this core system outside their own data center?

While vendors are making strides meeting needs in some areas, insurers continue to demand more improvements in their policy admin systems.

From science fiction to the living room, technology fuels the insurance industry.

The last year didn't exactly deliver a rebound for insurers, but there are plenty of reasons for hope in 2010. Carriers are continuing to invest in technology that will allow them to begin a new chapter of growth.