By Matthew Griffin 311 Institute Books and Reports 1st May 2023

THE FUTURE OF INSURANCE

WHY THIS MATTERS IN BRIEF

While many people are discussing the imminent disruption of the global insurance industry it is clear now, more than ever, that we are about to enter the insurance industry’s golden age, but the proliferation of new risks, and opportunities, are not without their pitfalls.

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THE INSURANCE industry, it can be argued, is unique because, unlike other industries its services help support and protect every conceivable activity and every industry – both on and off world.

Consequently, when we discuss the future of insurance what we are also discussing, indirectly, is the future of global culture, industry and society, and their downstream impacts on insurers and the insurance marketplace.

The tight knit relationships between insurers and the sectors they support means that shock waves that take place elsewhere in the global system inevitably ripple back here, to the spiritual heart of the financial services industry. And as every industry, without exception, continues to experience the increased pace of technology fuelled change and disruption inevitably in time every insurer will have to re-balance their organisation and operations and come to terms with its impact.

As we approach the next decade shock waves, and therefore heightened risks, are all around us so it is easy to argue that there has never been a greater time to be an insurer.

In this, my inaugural “Future of Insurance &Beyond” report I’m going to provide you with net new perspectives that will help you identify new market opportunities, help you improve your competitive differentiation and help you create and capture new value.

However, what I can share here is only a small percentage of the whole picture, so to find out more about the strategic choices open to your company, talk to me.

Or Google it. Google’s also good.

Explore more,

MATTHEW GRIFFIN.

Founder

Matthew Griffin / About Author

Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.

An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.

As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.

Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.