KPMG poll highlights policy pressure

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More than a third of insurance executives globally believe that the need to comply with government policy/enforcement is the top business model disruptor.

More than a third of insurance executives worldwide believe that government policy or enforcement agenda will disrupt their business models over the next three years, according to a survey by KPMG.

In a report on the challenges and opportunities insurers face, Empowered for the future, published last week, the professional service company said that, of the 70 respondents to its poll, 30% expect to change their operating models in order to balance for new growth against the reality of shrinking

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