Underneath those headline numbers lies a patchwork of vastly different realities. Markets vary in maturity, consumer behavior, regulatory climate, and digital readiness. For insurers who can see—and seize—these nuances, the payoff is extraordinary: market-to-book ratios that can reach double the regional average. The key question is no longer if to play in Asia–Pacific, but where …
The old ways of transferring and sharing risk—methods that had guided underwriters for centuries—suddenly seemed uncertain.Two decades later, I find myself witnessing another kind of upheaval. Only this time, it’s not a crisis shaking the foundations of insurance—it’s technology.As a partner at McKinsey, my focus is on helping small commercial insurers navigate this new world. …
That model has delivered results for years, but it’s starting to show cracks. When carriers rely solely on intermediaries, they risk becoming invisible a name on a quote sheet rather than a brand with meaning. Meanwhile, business customers now expect the same personalization and digital ease they experience in B2C settings. The answer isn’t to …
It’s hard not to notice how insurance in Asia and the West mirror each other in fascinating ways. Where one side leads, the other often lags. Asian carriers have mastered growth, relevance, and speed. Western carriers, on the other hand, stand out in professionalism, analytics, and operational discipline. If the industry could somehow fuse the …
Let us dissect it. Really, What Is Renters Insurance? Renters insurance is an inexpensive policy that covers your personal property, liability (should someone be injured at your home), and living expenses in the event that a covered event, such as a fire or water damage, renders your rental uninhabitable. Usually, it consists of: Personal property …
The Frightening Truth: Accidents Happen When You Least Expect Them While Halloween is full of harmless scares, it’s also a night when accidents are more likely. According to the National Safety Council, pedestrian accidents spike every Halloween. Dim lighting, excited children, and busy neighborhoods all increase the risk. If you’re a homeowner, a single fall …
Yet, as often happens after a storm, something new began to take shape. Many insurers across the region started testing a hybrid way of doing business blending digital tools with human connection. This wasn’t a simple online shift. It was a deeper change: a reimagining of how people buy, sell, and relate to insurance. The …
Now, in the post-crisis world, advanced analytics has shifted from a promising experiment to a strategic necessity. Customers expect digital precision. Banks and partners demand seamless data collaboration. And insurers are discovering that adaptability powered by insights, automation, and bold decision-making is no longer optional. It’s existential. A Market in Motion: How Italy Is Catching …
Human beings are fascinatingly inconsistent. We know planning ahead protects us, yet the present moment always whispers louder than tomorrow. That gap between intention and behavior isn’t a personal failing. It’s usually a side effect of what researchers call choice architecture the way information is presented when we make decisions. A messy or overwhelming setup …
A Generation That Thinks in Real Time By 2030, millennials and Gen Z will make up almost half the adult population in the U.S. They’re the ones who grew up tapping screens, not dialing phones. They shop, bank, and work from the same device they use to stream movies. So, it’s no surprise they expect …