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IDC PeerScape: Sustainable Insurance Part 2: -- Practices to Decrease IT and Operational Footprint in Sustainable Insurance

IDC PeerScape: Sustainable Insurance Part 2: -- Practices to Decrease IT and Operational Footprint in Sustainable Insurance

  • Publish Date:January 2023

  • Number of Pages:8

  • Report ID:6381956

  • Format:PDF

  • Publisher:IDC

$ 4500

Summary

"Mutualizing and managing risks are at the heart of insurance -- two concepts that are closely related to environmental, social, and governance (ESG) standards. This represents a clear opportunity for insurers to reclaim their societal purpose to fuel growth and attract new customers by showcasing their commitment to sustainability. Some insurers are now attempting to gain competitive advantage through sustainable products, while others are starting a more proactive conversation with government about how they can contribute to what appears to be a new social contract," said Davide Palanza, research manager, IDC's Insurance Digital Business Strategies.

Table of contents

IDC PeerScape Figure

Executive Summary

Peer Insights

Practice 1: Scenario-Based Decision Making

Challenge

Example: Zurich Insurance Group

Guidance

Practice 2: IT and Workforce Transformation

Challenge

Example: Swiss Re

Guidance

Practice 3: ESG Analytics and Intelligence

Challenge

Example: Large U.K.-Based Insurance Company

Guidance

Methodology

Our market research methodology is designed to provide the clients with comprehensive and accurate information on various industries and markets. It includes data collection, primary interviews, macro-economic factor analysis, country-level data analysis etc.

The data is gathered from a wide range of sources, including industry reports, government statistics, and company financials. This data is then analyzed and cross-referenced to ensure its accuracy and reliability. Next, primary interviews are conducted with industry experts and key stakeholders to gather their insights and perspectives on the market. This information is then combined with the data collected to provide a complete picture of the market. Macro-economic factor analysis is also carried out to understand the impact of external factors on the market. Finally, country-level data analysis is performed to understand the market dynamics in specific regions and countries.

Reportlinker's market research methodology is designed to provide clients with a clear understanding of the market, its trends, and its future potential.