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10 PREDICTIONS FOR 2022 FROM INDUSTRY EXPERTS By Kim Hedrick CPCU, CIC Enterprise Sales at ePayPolicy As the new year gets underway, we begin to see trends emerge in the world of insurance. By understanding what is likely on the horizon, insurance professionals have a chance to prepare and adapt, ensuring they’re in the best position to thrive.
Digital transformation hasn’t been quick in the insurance industry. However, it became a necessity due to the situations created by the pandemic. Shelter-inplace orders and social distancing requirements altered the landscape dramatically.
If you want to make sure you’re ready for what’s to come, here are ten insurance industry predictions for 2022 from industry experts.
Kim believes that digital transformation will continue moving forward, even if it was initially a slow start. “Digital transformation has taken longer in the Insurance Industry, but we are making great strides,” said Hedrick.
(1) Digital Transformation Moves Forward