85% of insurance CEOs worry about technology
Friday, 03 30 2018, Category: Technology, Country: World
PwC has reported that 85% of Chief Executive Officers (CEO) in the re/insurance industry have expressed concern over the pace of technological change, a higher proportion than leaders in almost any other industry.
100 re/insurance CEOs participated in PwC’s 21st Global CEO Survey, which revealed a generally positive outlook among industry heads, but also found widespread anxiety and apprehension regarding the impact of new technologies.
Re/insurance continues to be one of the most disrupted sectors in the global economy, and this was reflected in PwC’s survey, alongside other high-priority concerns like the speed of technological change, over-regulation, and cyber-threats.