Insurance / WHITE PAPER
Property and Casualty Insurance: Prospering in a Post-pandemic World
Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Insurance / WHITE PAPER
You have these already downloaded
We have sent you a copy of the report to your email again.
The COVID-19 impact on the property and casualty (P&C) insurance industry has been varied, with dwindling premium income in personal lines, increasing demand in professional liability, and a slowdown in specialty lines. Given that the domino effect of the crisis on the P&C insurance industry will last for a few years, carriers need to focus on offering digital insurance, reimagine business operations, and future-proof to weather similar storms. Accomplishing this will require business model innovation by embracing purpose-led ecosystems and building a digital core to become future-ready.
Once a measure of stability is achieved, P&C insurance firms must initiate concerted action on transformation initiatives centered on future-proofing. The transformation initiatives must focus on:
Find out more