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Insurance: The Market Will Contract, Not Collapse

Insurance: The Market Will Contract, Not Collapse

Last July, I updated an earlier article for Communique on trends in the US Insurance industry. Both articles looked out over the next few years to see where the industry was going, and how we might exploit those trends. Little did anyone suspect what would take place in the intervening months, and in what ways that would affect the year 2009. If you will recall, we did anticipate that there would be “some” financial unrest, but the fundamental picture was one of critical change in the market place and a corresponding change in IT support. Well, while much has changed in the immediate environment, most of those trends are still on course - albeit when they arrive is now open to question.

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