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The Pandemic Puts a New Premium on Performance
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The Pandemic Puts a New Premium on Performance

The 2020 Insurance Value Creators Report

Davide Corradi, Thomas Seidl and Eric Wick
Boston Consulting Group, 2020
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Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Visionary

Recommendation

COVID-19 has not been kind to the insurance industry. In fact, it’s one of the hardest-hit industries of all, but some insurance companies have withstood the crisis and even thrived. This special report from the Boston Consulting Group reveals the differences between top-quartile companies, and those that are floundering, with some vital suggestions for making it through the pandemic and coming out better on the other side.

Take-Aways

  • The spread in total shareholder return (TSR) between top-quartile insurers and median to lower-quartile insurers is growing.
  • Four performance levers can lead to better performance: a bionic business model, new ways of working, advanced scenario thinking, and smart mergers and acquisitions.
  • Use this time to focus on smart M&A, work agilely, and adopt advanced scenario thinking to prepare for future volatility.

About the Authors

Davide Corradi and Eric Wick are professionals with the Boston Consulting Group, and Thomas Seidl is a BCG alumnus, now head of group portfolio management at Allianz.

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