Personal Lines

Property insurers must evolve beyond reactive coverage to build climate resilience as extreme weather events intensify. Property assessments are key.

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.

In the face of ever-increasing premiums, auto owners are foregoing coverage, taking higher deductibles and not filing claims. This marks a profound change. 

By combining historical aerial imagery, property condition data, and AI, insurers can optimize underwriting, inspections, and fraud reduction.

Embedded insurance promises to disrupt insurance distribution as well as product and help close the “protection gap”--the 50% of all economic losses not covered by insurance.

Personalization must become built in, not something we try to build on top. It must be hard-coded into our systems and business.

How can we widen coverage and ensure more Americans enter retirement with the financial protection they need?