Future of Work in Insurance – Thematic Intelligence

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Future Of Work In Insurance Market Analysis Report Overview

From an insurance perspective, the future of work is a mixture of new technologies with emerging macroeconomic and lifestyle trends. The way insurers operate themselves, their adaptation to key trends, and their utilization of the emerging technologies available will be impacted by the future of work. Additionally, the impact of these trends and technologies on industries around the world and their effects on insurance will also see the effects of the future of work.

The Future of Work in Insurance thematic intelligence report assesses how future of work can be used across the insurance value chain. The report includes relevant technology, macroeconomic, and regulatory trends and provides an overview of the current landscape, as well as key players, while also highlighting opportunities for the use of future of work in the future. The report provides an industry-specific analysis based on GlobalData databases and surveys.

Report Pages 60
Regions Covered Global
Key Trends ·       Technology Trends

·       Macroeconomic Trends

·       Regulatory Trends

Insurance Companies ·       AIA

·       AIG

·       AXA

Technology Companies ·       Alibaba

·       Alphabet

·       Amazon

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Future of Work in Insurance – Key Trends

The main trends shaping the future of work in insurance theme over the next 12 to 24 months are technology trends, macroeconomic trends, and regulatory trends.

  • Technology trends: Some of the key technology trends impacting the future of work in insurance theme are metaverse, hybrid working models, AI, generative AI, drones, electric vehicles (EV), and autonomous vehicles.
  • Macroeconomic trends: The key macroeconomic trends explained in the report are cost-of-living crisis, supply chain crisis, tight labor market, the gig economy, ESG, and the gender gap.
  • Regulatory trends: Regulating the gig economy, GDPR, California Consumer Privacy Act (CCPA), and other national data protection and cybersecurity regulations are a part of the regulatory trends impacting the future of work in insurance.

Future of Work in Insurance – Industry Analysis

Future of work will impact the insurance industry in two ways. Modernization and evolution in the workplace will transform the insurance industry and the jobs within it. It will also impact the workplace. High unemployment rates would have significant knock-on effects on a wide range of commercial, general, and life insurance policies, while fewer people in work would negatively impact commercial policies and employee benefits. Other factors driving change in the future of work include drones and automated and virtual reality with the metaverse. These feel much further away from having a transformative effect on most jobs, especially in the insurance industry.

The Future of Work in the Insurance industry analysis also covers:

  • Mergers and acquisitions
  • Timeline

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Insurance Companies

Some of the leading listed players associated with the theme:

  • AIA
  • AIG
  • AXA

Technology Companies

Some of the interesting private companies associated with the theme:

  • Alibaba
  • Alphabet (parent company of Google)
  • Amazon

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Non-life Insurance Sector Scorecard

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has three screens: a thematic screen, a valuation screen, and a risk screen.

  • The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
  • The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
  • The risk screen ranks companies within a particular sector based on overall investment risk.

Non-life Insurance Sector Scorecard – Thematic Screen

Non-life Insurance Sector Scorecard – Thematic Screen

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Scope

• Emerging technology trends such as AI and big data are beginning to shape the way people work across a range of industries. The impact of such technologies will only increase.

• Macroeconomic trends are also having an impact, with zero-hour contracts and the gig economy changing how many people work.

• While the world has moved on from COVID-19, it had a significant and lasting impact on the workplace.

Key Highlights

  • Benchmark yourself against the rest of the market.
  • Ensure you remain competitive as new innovations and insurance models begin to enter the workplace.
  • Understand how changing risks will continue to impact the insurance industry.

Reasons to Buy

  • Benchmark yourself against the rest of the market.
  • Ensure you remain competitive as new innovations and insurance models begin to enter the workplace.
  • Understand how changing risks will continue to impact the insurance industry.

Aviva
AXA
Ping An
Zhong An
Zego
Metromile
Lemonade
By Miles
Swiss Re
Munich Re
Zurich
Aon
Chubb

Table of Contents

  • 1. Executive Summary
  • 2. Players
  • 3. Our Future of Work Framework

    • 3.1. Visualization
    • 3.2. Connectivity
    • 3.3. Automation
    • 3.4. Generative AI
    • 3.5. The gig economy

  • 4. Trends

    • 4.1. Technology trends
    • 4.2. Macroeconomic trends
    • 4.3. Regulatory trends

  • 5. Industry Analysis

    • 5.1. Mergers and acquisitions
    • 5.2. Timeline

  • 6. Companies

    • 6.1. Insurance companies
    • 6.2. Technology companies

  • 7. Sector Scorecards

    • 7.1. Non-life insurance scorecard

  • 8. Glossary
  • 9. Further Reading
  • 10. Our Thematic Research Methodology
  • 11. About GlobalData
  • 12. Contact Us

Frequently asked questions

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