PHILADELPHIA: There are “far-reaching implications” for personal lines insurers and the products and services they provide as the world continues to undergo changes in its demographic structure, an industry report states.
The third annual overview of personal lines insurance consumer markets offers insurers and distributors a look at changing trends, activities and growth opportunities in the market.
The study offers trends with positive implications, and those that may have a negative impact on selling or distributing personal lines.
If one underlying theme can be found in the report, it’s the portrait of an evolving consumer base…