Financial Personal
Insurity Highlights How Severe Weather in 2024 Drives Consumer Concerns, Shifts in Insurance Behavior, and Prepares Industry for 2025
Survey reveals need for insurers to balance consumer expectations with proactive strategies, enhancing competitiveness, and protecting against escalating severe weather impacts HARTFORD, Conn. — Insurity, a leading provider of cloud-based softw
HARTFORD, Conn. -- Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared a comprehensive recap of its 2024 Severe Weather P&C Consumer Pulse survey, offering an in-depth analysis of severe weather trends, their impact on consumers, and the resulting implications for the insurance industry. The survey highlights a year marked by catastrophic hurricanes, tornado outbreaks, and wildfires that caused an estimated $135 billion in insured losses globally. These events not only underscore the growing financial impact of severe weather but also reveal shifting consumer priorities and opportunities for insurers in 2025. Read More
