The world is rapidly changing. From emerging technologies to evolving climate risks, the insurance industry is adapting to change in order to better respond to customer needs.
The global insurance industry is at a pivotal point. Macroeconomic shifts, rapid advancements in technology, and evolving customer expectations are reshaping the landscape, creating both unprecedented opportunities and complex challenges. At the same time, regulatory requirements and accounting standards (such as IFRS 17, US GAAP changes and Solvency II) are forcing insurers to refocus and reimagine key processes in areas such as risk management, accounting and finance.
In order to respond to these increasing demands, the insurance industry will likely need more than incremental change. Insurance leaders should identify new opportunities and navigate the associated risks to help unlock the true potential of their value proposition. Leveraging data in new ways can also be a critical component as organizations redefine their operating models, relentlessly drive digital transformation and strategically reinvent themselves into a business fit for the future.
KPMG supports insurers, reinsurers and brokers in navigating this dynamic environment. Our teams combine deep sector knowledge with expertise in audit, tax, and advisory to help clients respond to disruption and seize new opportunities.
We understand that every organization has unique goals. That’s why we work collaboratively to deliver tailored solutions – whether it's optimizing operations, enhancing compliance, or unlocking growth through technology.