From: Insurance Business

Geopolitical risks, medical inflation, and climate change are among a ream of issues that could have a critical impact for insurance stakeholders in 2024.

During a recent Out Front Ideas webinar, Sedgwick global head of innovation and product development Kimberley George, and Safety National vice president of client engagement Mark Walls shared their take on 20 issues that North American insurance workers and risk managers need to be paying attention to this year.

Five insurance and risk issues to watch in 2024

Five big issues for insurance industry stakeholders and risk managers to watch in 2024, according to George and Walls, are:

  • Presidential election year
  • Economic outlook
  • Geopolitical risks
  • Employee benefits
  • Frequency rates