Top 8 trends that will impact insurance in 2025
February 11, 2025 by Susan Rupe
Now is the time to reshape the insurance industry’s business model and technology foundation, according to a Majesco white paper on trends impacting the future of insurance in 2025.
“Insurance is waking up to a realization that the operational models and technology foundation no longer meet the challenges and opportunities of today’s fast-changing world and must move beyond the legacy and internal mindset of ‘this is how insurance is done,’ to one that recognizes the world has shifted and they must as well, the report said. “Disruption was needed. It has taken some insurers time to figure out just how much it still is needed.”