Commercial Lines

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.

Properly applied, AI produces better medical outcomes, gets employees back to work faster, reduces litigation risk and lowers the costs associated with claims.

Home-based businesses exemplify the sort of opportunity that is arising as we start to come out of the latest wave of this awful pandemic and head toward a new normal. 

Employers need to build a better bridge between workers' comp and LTD to better manage the common ground between them – the employee’s health.

Entrepreneurs are so active, whether on their own or within marketplaces such as Uber and Airbnb, that there is a whole new category of risk. 

Parametric insurance is often bought as a complement to indemnity insurance, but newly announced hybrid, parametric/indemnity products will launch in 2022.

The insurance industry faced a wake-up call when the pandemic exposed just how unprepared insurers’ digital capabilities were in a crisis.

Carriers that continue to work from vague three- to five-year timelines will lose market share and perhaps wind up as someone else’s acquisition.