How is insurance stepping up amid election uncertainty?

A transparent ballot box in front of a illuminated map of the world and a vote cast in it. 2024 is a year in which elections almost all over the world coincide with the same year. This year, billions of people will go to the polls and vote for democracy.

With a record number of elections in 2024 set to introduce substantial unpredictability into an already volatile risk environment, Edmund Tirbutt examines how insurance is engendering resilience amidst unrelenting geoeconomic uncertainty.

2024 is set to be the biggest election year ever, with votes due to be held in 60 countries representing  40% of the world’s population and gross domestic product. History suggests that insurers will

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Evolving the insurance claims supply chain

The post-Covid world has thrown a wrench into the well-oiled machines of insurance claims. A persistent lack of resources – from car parts to building supplies – is causing delays and frustrations for both insurers and policyholders. In this environment, traditional supply chains are being put to the test. Izabela Chmielewska reports.

Unlocking AI’s potential demands a fresh approach

To unlocking artificial intelligence’s potential, Oliver Wyman partner Fady Khayatt argues that, rather than think about how the industry has always worked, insurers should envision what a role and process could become.

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