Wellness and Customer Engagement
  • Articles
  • October 2013

​Coming Together: Six converging dynamics will define the future of the insurance industry

By
  • Timothy L. Rozar
In Brief
The life and health industry must continue to innovate and anticipate changes from six converging dynamics to take full advantage of opportunities that lie ahead.
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Today there are many demographic, social, technological and economic forces affecting the future of the insurance industry.  The primary challenge for life and health insurers is that the Quantified Self movement and its related technologies may increase the information asymmetry between applicants and underwriters. The life and health industry must continue to innovate and anticipate changes and their effects to take full advantage of the accelerating stream of opportunities that lie ahead.

Copyright© A.M. Best Company, Inc. 2013. All Rights Reserved. Reprinted with Permission (www.ambest.com).
 


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Meet the Authors & Experts

Author
Timothy L. Rozar
Senior Vice President, Chief of Staff to the CEO, Reinsurance Group of America, Incorporated