How are P&C Commercial Insurers Progressing with Their Strategic Initiatives in 2022? - Insurance-Canada.ca

Feb.28, 2022 — By Mark Breading, Strategy Meets Action — When the pandemic hit in 2020, many property and casualty commercial insurers had to pause, stabilize, and reprioritize their digital transformation plans amid lower business volumes, economic lockdowns, and an uncertain financial environment.But that all changed in 2021 as commercial insurers pressed the pedal to the metal to accelerate their digital transformation journeys.

Now, a new study from SMA indicates that commercial insurers will continue to advance with their transformation strategies in 2022.However, their focus will look a little different than it did a year ago.

Health Insurance USA
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Health Insurance USA.
Publisher: Insurance Canada