Carriers chasing profitability rather than growth

Profit

Data analysis: In a challenging economic environment, insurance executives have shared they are increasingly spreading their attention across many operational areas to prioritise profitability over growth.

An Earnix survey of 400 insurance executives conducted in June found 48% are prioritising profitability, as opposed to 13% who stated growth metrics take precedence, as fears of recession mount.

Wit

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Instanda CEO 'taken aback' by rival tactics

Instanda CEO Tim Hardcastle has claimed “established” insurtech providers are far from “fair and open” when competing with his business for deals with major insurance companies.

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