BLOGS

Insurers invest tremendous resources in core technologies; after all, they’re a core part of the business. Whether it’s an individual component or a complete suite, replacing a core system is a serious undertaking. Both sides—vendors and carriers—stand to benefit from understanding how many deals are being made by their peers and with whom those deals are being made. On the one hand, insurers...

The insurance industry is grappling with significant, concurrent changes. But change itself is neither good nor bad. The shifts we see now in our business and economic climates are creating both opportunities and challenges for the industry. Those who ultimately “win” in this space will be those armed with the best combination of navigational and investment savvy.  A few weeks ago, I had...

Each year, Aite-Novarica Group identifies the top trends that will impact the insurance industry in the coming year. One sector of property/casualty insurance that we anticipate will remain at the forefront is MGAs; we also anticipate that MGA premium growth will continue to expand at a multiple of the overall property/casualty rate. Many may be surprised to learn that this channel has grown to...

To start off the year, Aite-Novarica Group identified 10 of the most discernable trends that insurers operating in the property/casualty space should watch out for in the coming months. On February 9, our team of experts drilled down on a few of the trends shaping the property/casualty insurance technology space. Here are some of the highlights carriers should focus on in 2023. The Core...