Prediction posts are a dime a dozen. In reality, only a handful of key developments are going to matter in insurance throughout 2017. And while small in number—these impending changes have the ability to start a seismic shift in how the industry operates.
After dozens of conversations and meetings with industry leaders, upstart disruptors and tech giants interested in selling insurance this past year, I’ve personally seen four major trends gaining momentum. I predict 2017 is the year these trends will have a massively powerful impact on how insurance is priced, sold and distributed.