Today’s insurers face a wide range of complex challenges, from navigating financial market uncertainty and evolving consumer demands to outpacing digitally savvy new competitors. While these factors may add new risk, they also present opportunities for insurers, reinsurers, and brokers, to rethink strategy, redesign financial and capital models, revamp sales, service and support processes with technology, or explore new growth in emerging markets or through product innovation.

While the global economy is slowly gaining strength, challenges remain including low investment yields and volatile markets. Intensified regulatory scrutiny and enhanced compliance and capital requirements through Own Risk and Solvency (ORSA), IFRS and Solvency ll regimes are at the forefront. And FATCA and Tax Morality and Transparency rate high on the agenda.

Modernizing technology and processes to derive value from the increasing volume of data, securing the best talent from an ever shrinking pool, and driving efficiencies in front and back office operations will continue to challenge business models for several years to come.

KPMG’s multi-disciplinary insurance teams, led by senior partners with deep industry expertise and strong client relationships, emphasize collaboration and knowledge transfer to help ensure your organization is empowered for the future.

 Insurance publications

Tapping into insurance FinTech

Tapping into insurance FinTech: Own it, lease it, or share insurance technology innovation

Frontiers in Finance looks at strategy options for insurers that want to spur insurance technology innovation through FinTech startups.
Challenges posed to insurers by IFRS 9
July 2015
Public-private partnerships: Insurance
Perspective: Trends driving insurance M&A in 2015
The journey begins

KPMG services

Gary Reader

Gary Reader

Global Head of Insurance

+44 20 76944040

The primary care paradox - New designs and models

Gary Readers speaks to World Risk Insurance Network on the benefits of public-private partnerships.
Risk consulting

Awarded for innovative thinking and ground-breaking approaches to solving the risk management challenges that face the industry.

The distinct capabilities of KPMG’s global insurance practice

capabilities of insurance practice
KPMG’s global insurance capabilities brochure highlights our multi-disciplinary team of professionals and the work our member firms’ deliver globally.