Financial Services

Global insurance: vast potential

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.




    Connect with us

    Stay connected with us through social media, email alerts or webcasts.

    Digital. Human. Do we have to choose?

    EY - Digital. Human. Do we have to choose?

    Financial institutions need business strategies that thrive in a fully digital world – they don’t need to “go digital”, they need to be digital.

    EY and Guardtime launch marine blockchain platform

    EY and Guardtime launch marine blockchain platform

    The first-of-its-kind platform connects clients, brokers and insurers in the marine insurance sector to distributed common ledgers that capture data about identities, risk and exposure.

    Ready for the new Prudential Standard CPS 234 - Information Security?

    EY - Ready for the new Prudential Standard CPS 234 - Information Security?

    APRA has recently proposed its first cross-industry prudential standard on information security. Join our EY panel who will lead a discussion on the implications for your organisation and how to respond to the changing regulatory requirements.

    Register for the webcast here.


    Insurance Agenda Quarterly March 2018: latest insights

    EY - Insurance Agenda Quarterly March 2018: latest insights

    Insurance Agenda is EY’s quarterly newsletter featuring content tailored for insurance executives operating in the Oceania region.


    Australian Insurance CRO survey

    EY - Australian Insurance CRO survey

    This year’s Australian Insurance CRO survey sees local risk management requirements evolving to new levels, with major changes in risk appetite, cyber, risk culture, conduct risk and recovery planning.


    Customer experience of the future

    EY - Customer experience of the future

    Learn how intelligent virtual assistants and chatbots can enhance service interactions.