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Global Insurance Market and Change

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Introduction

Anthony A Tarr, Julie-Anne Tarr, Maurice Thompson and Dino Wilkinson

Overview


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The global landscape in which insurance is transacted is, on an almost annual basis, experiencing the type of transformational change that historically would have been measured in decades. Rapidly evolving technology—advanced analytics, applied and generative artificial intelligence (AI),1 trust architectures and digital identity,2 industrialised machine learning, cloud and edge computing, quantum technologies and immersive reality technologies3—are enabling data collection and leveraging for predictive and analytic purposes at what, in the not-too-distant past, would have been taken as science fiction.

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