The National Underwriter writes about five megatrends that will revolutionize insurance. It notes that a megatrend is not a prediction but a certainty, an event with global ramifications that is already unfolding and affecting people. And although the more massive of these megatrends can be intimidating, they present more opportunities for creative thinkers who can rise to the challenge of solving them.
The five megatrends discussed are:
- technological breakthroughs.
- climate change and resource scarcity.
- demographic shifts.
- accelerating urbanization.
- shift in global economic power.