Five biggest challenges facing insurers in 2024 revealed

New 2024 year progress bar on digital lcd display with reflection. Concept of new year, annual plan, growth strategy, business planning, investment trends and strategy road map.

To get you ready for the next 12 months, Insurance Post uncovers five things you need to know about what 2024 holds in store for the industry, according to insurance analysts.

1) Prepare for permacrisis 

Most insurers are realising reacting to risks may not be good enough and are expected to intensify their efforts to prevent losses from happening in the first place in 2024

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Checking the price is right for insurance

Emma Ann Hughes examines how to prove the price is right of cover for different segments of consumers and observes it requires a whole lot more than just knowing the cost of delivering insurance products and services.

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