You are here:HomeNews CenterInsurance News2018Argo Group Looks at Future of Insurance

Argo Group Looks at Future of Insurance

A survey of 150 brokers and 200 small and medium enterprises.
December 4, 2018

Argo International Holdings Ltd. recently released a study entitled, “The Future of Insurance—2018 Insights: Risks, Uncertainty and a Looming Talent Gap,” based on a survey about the factors of most concern to brokers and business linked to the insurance sector. The report shows the challenges companies face as they work to recruit the next generation of insurance professionals and how to respond to such emerging issues as cyber risk and meteorological change. Although 71 percent of brokers acknowledged awareness of cyber risk, the report concluded that the insurance industry is not prepared to evaluate new hacking technologies and associated risks. The article details some risks particular to the Internet of Things (IoT).

The survey of 150 brokers and 200 small and medium enterprises (SMEs) represents the latest available data on industry sentiment about the future of the insurance sector.

Filed under: