Celent Report: P/C Innovation Picking Up Steam But Not ‘Disruptive’ Yet

June 22, 2017 by Susanne Sclafane

The people specifically charged with moving innovation forward at property/casualty insurance companies are more optimistic about reaching their goals and garnering organizational support for their efforts than they have been in past years, a new survey reveals.

In 2017, they feel “the wind in their sails,” said Michael Fitzgerald, a senior analyst in Celent’s Insurance practice, reporting on results of a survey of 29 innovation practitioners at financial services firms, including 11 P/C insurers and nine life insurers.