5 Megatrends That Will Revolutionize Insurance
Posted by: Linda Kay | June 16, 2014
In an industry publication, PropertyCasualty360, we found the article below both stunning and enormously valuable. At Dean & Draper, we consider providing information part of our commitment to our customers. We hope that you will find the article thought provoking and inspirational. Please send us your insights and comments.
At IICF's Women in Insurance Regional Forum, PwC experts examine five global certainties that will impact insurance, business, and the world.
by LAURA MAZZUCA TOOPS, PROPERTYCASUALTY360.COMJune 11, 2014, Forum in Chicago
A megatrend is not a prediction but a certainty, an event with global ramifications that is already unfolding and affecting people. And although the more massive of these megatrends can be intimidating, they present more opportunities for creative thinkers who can rise to the challenge of solving them.
Learning to surf the wave of megatrends was the topic of "Trailblazing: Frontiers of the Future," a presentation at the IICF Women in Insurance Regional Forum, held last week in Chicago. The event was part of IICF's four-city (Chicago, Los Angeles, New York and Dallas) event, designed to accommodate more attendees than last year's inaugural event in Manhattan.
In “Trailblazing: Frontiers of the Future,” Tim Ryan, vice chairman, markets, strategy and stakeholders leader, and Kelley Buchanan, managing director, insurance advisory, PwC, examined how global megatrends will impact all of us, and how businesses can benefit by addressing them full on.
Calling today the "best time to be in business," Ryan says that in PwC's quarterly meetings with its clients, all trends point to growth: patent filings are up 9%, business bankruptcies are down, and corporate giving has increased 40% since the recession. Read complete article
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