Facing up to the fourth industrial revolution
The fourth industrial revolution which focuses on advances in communication and connectivity, is the insurance industry’s greatest test yet, says Dave Brosnan, CEO, CNA Hardy
The Fourth Industrial Revolution took centre stage at the World Economic Forum annual meeting in Davos this year, with session after session agonising over its impact on the global economy and geopolitics.
Our own research underpins the extent to which company activity is driving the progress of the Fourth Industrial Revolution – blurring the boundaries between the physical and digital, company and government, national and international.
It also suggests the Fourth Industrial Revolution will prove the biggest test yet for insurer-business relationships as we grapple with the challenge of ever-greater technology integration and global interconnected risk.
To read the rest of this article, which first appeared in Insurance Insider’s Quarterly publication – Spring 2019 edition, please follow the link.