• 2017 US property-casualty insurance outlook

    The US P&C industry faces an inflection point as technology advances and the growth of InsurTech revise traditional models and raise customer expectations regarding innovation.

  • The pivotal role of technology in India and China

    Payment wallets, web aggregators, tablet-based selling, self-service via mobile apps and other technologies are transforming these large, but underinsured, markets.

  • Where did all of the megadeals go?

    Insurance M&A activity saw much lower aggregate deal value in the first nine months of 2016, compared to 2015. What drove the change?

  • Get ready for robots

    Software robotics promises to transform the cost, efficiency and quality of back-office and customer-facing processes for every industry. Are insurers prepared?

  • Global tax points for insurers (Volume 1, Issue 3)

    We explore tax developments for insurers, including a discussion of the Base Erosion and Profit Shifting project by the Organisation for Economic Co-operation and Development.

  • The underwriter of the future: the future is now

    A fundamental shift in the insurance industry is expanding the value proposition of underwriting. Learn more about four key capabilities for the future of underwriting.

  • Risk functions evolving beyond compliance

    Our 2016 CRO surveys examine how successful insurers are building the risk function into their organizations and business decision-making processes.

  • Making Brexit work for UK insurers

    The vote for Brexit will by no means destroy the UK insurance industry. Indeed, if managed properly, the industry can emerge more resilient and competitive than ever.

  • Insurance opportunities in Latin America

    The insurance market outlook remains relatively bright in the region, despite a challenging economic environment. We analyze opportunities in Brazil, Argentina, Mexico, Colombia and Chile.

Global insurance: vast potential

"Companies that want to lead the way in the insurance industry need to relook at their strategy and cost effective business models, flexibility of their portfolios and innovation in value adding products. Emerging Markets, including Africa, are receiving increased attention as future industry investment destinations" - Malcolm Rapson, Insurance Sector Leader

The global insurance market is remarkably strong, despite continued fallout from the financial crisis. Low interest rates coupled with relatively poor investment returns have impeded growth, but demand for insurance products and services remains high.

We keep you prepared by providing insights into the nuances of your market, as well as global trends putting pressure on the industry.

Stay nimble amid risk and regulation

Waves of global legislation continue to pressure management and absorb precious resources. Combined with the need to innovate in a highly competitive environment, this is causing some insurers to withdraw from long-standing core markets and product lines.

However, insurers are adapting by leveraging technology and developing operating models that are compliant with Solvency II. New business architectures will enable insurers to release better products more quickly and cheaply.

Gain market insight

The balance of power is shifting toward the customer, and distribution models are rapidly evolving. Emerging markets in Latin America, Asia, Africa and Eastern Europe are future battlegrounds that offer big prizes – but only if insurers can get it right.

Success will be achieved with patience, long-term investment and genuine understanding of local dynamics.

  • Regulatory developments

    Insurers will need to prepare themselves and adapt their business models for the increased volume and complexity of regulatory developments which will affect the industry significantly over the next five years. Regulations in the form of SAM, and Solvency II in Europe, will have wide-reaching implications for insurers, impacting regulatory balance sheet and capital calculations, product development, governance and reporting requirements and strategy.

  • Changing industry landscape

    Given the ongoing changes in the industry landscape, companies that can lead the way in strategy and implementation of cost effective business models, flexible porfolios and distribution of innovative value adding products are likely to emerge at the forefront of the industry.

  • Customer centricity

    Increasingly diverse customer needs, buying behaviours, and product preferences combined with evolving consumer protection initiatives will likely further complicate already elborate business models. Companies that increasingly focus on customer centricity are likely to show most growth.

  • Our credentials
    • Delivery on a range of solution sets in the sector, including assisting clients in preparing for the implementation of SAM, consideration of risk based capital for both short-term and long-term insurers and reviews of specific new products.
    • Adding value through breadth of skills within our actuarial services division which has a deep knowledge of both the short-term and life insurance industry.


Contact us

Malcolm Rapson
+27 21 443 0288
Insurance Sector Leader

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