Personal Lines

Amazon's closing of its Insurance Store shows the strength of incumbents. AI and telematics offer routes to even better results.

The closing of Amazon's Insurance Store shows the need to be organized around the customer -- and to figure out ecosystems. 

Cyber and business interruption top Allianz's annual survey, while nat cats, fire, explosion and political risks are the biggest risers. 

With many carriers excluding certain natural catastrophe perils, brokers can fill coverage gaps for clients with parametric policies.

Liability for floods, wildfires, earthquakes and other "natural" disasters may start to be assigned to corporations -- and their insurers.

Electoral politics, especially at the state level; the economic outlook; geopolitical risks; and evolving employee benefits top the list.

The right design for embedded insurance can let insurers learn from claims and continually make assets less vulnerable in the future. 

Natural catastrophes and hefty inflation in repair costs made 2023 a year to forget for P&C insurers. On to 2024!