Claims in a digital era
A rising number of InsurTechs are offering digital claims processing. Insurance companies need to look beyond mere cost savings and seek a data-driven customer experience.
Impacts of IFRS 17 insurance contracts accounting standard
This paper makes the case for why insurers need to understand the new data, systems and process challenges before committing to a demanding implementation journey.
Insurance Agenda: Issue 3, 2017
Insurance Agenda is EY’s quarterly newsletter featuring content tailored for insurance executives operating in the Oceania region.
Financial Services Briefing
Insights from our financial services network.
Four tax considerations to heed before launching an ICO
ICOs are unquestionably the hottest trend in corporate fundraising. Read more on the basics of ICOs and four key tax areas to be aware of.
IFRS 9 for insurers: developing business capabilities
This publication discusses some practical challenges and approach for all insurers when designing and implementing IFRS 9 changes.
2017 Digital Underwriting Survey
Our Digital Underwriting Survey reveals the important and rapid evolution that is proceeding within commercial and specialty insurance.
Insurance Agenda Quarterly 2017: latest insights
Insurance Agenda is EY’s quarterly newsletter featuring content tailored for insurance executives operating in the Oceania region.
BEPS impact on cross-border M&A
As BEPS continues to evolve and tax authorities move towards implementation, reviewing the potential impact of BEPS on business, including M&A, is increasingly important.

Financial Services

Global insurance: vast potential

The global insurance market is remarkably strong, despite continued fallout from the financial crisis. Low interest rates coupled with relatively poor investment returns have impeded growth, but demand for insurance products and services remains high.

We keep you prepared by providing insights into the nuances of your market, as well as global trends putting pressure on the industry.

Stay nimble amid risk and regulation

Waves of global legislation continue to pressure management and absorb precious resources. Combined with the need to innovate in a highly competitive environment, this is causing some insurers to withdraw from long-standing core markets and product lines.

However, insurers are adapting by leveraging technology and developing operating models that are compliant with Solvency II. New business architectures will enable insurers to release better products more quickly and cheaply.

Gain market insight

The balance of power is shifting toward the customer, and distribution models are rapidly evolving. Emerging markets in Latin America, Asia, Africa and Eastern Europe are future battlegrounds that offer big prizes – but only if insurers can get it right.

Success will be achieved with patience, long-term investment and genuine understanding of local dynamics.