Commercial Lines

Cyber incidents remain the top global business risk, and climate change surges to its highest-ever ranking in the Allianz Risk Barometer.

In theory, increasing insurance premiums signals rising risk and spurs action that mitigates disasters like California's fires. In practice, climate is changing too fast, and government is being too slow.

An analysis of 11,000 P&C verdicts shows the power of granular data to make judgments fairer--shaping all the settlements that are based on those damage amounts.  

The industry will see more practical implementation of AI, aggressive fraud detection tools and greater collaboration among carriers.

From rising premiums to climate risks, major shifts are reshaping the insurance landscape as consumers brace for changes in 2025.

The P&C industry still faces headwinds but begins 2025 on stronger footing and is poised to be more profitable and competitive.

Evolving technologies promise faster claims processing and improved outcomes for insurers, while better serving injured workers.

Technology can empower insurance agencies to better serve small and medium-sized businesses through smarter, automated coverage solutions.