Commercial and specialty insurers are operating in an environment of economic turbulence driven by high inflation and are expecting an overall reduction in demand for commercial insurance due to decreases in trade. As well as a forecast downturn, carriers are facing catastrophe losses with increasing frequency, as major earthquakes and storms become the norm. To protect profitability, insurers may look for support to decrease their operating costs and drive informed risk decisions.
Capco’s expert advisory capabilities can help our clients through these challenging times. With the help of Capco, insurance organisations are building resilient business models that can respond swiftly to the change in market advancements. We partner with our clients to guide them through large scale transformation projects that will enhance their operating model and help them excel against their peers.