Insurance industry key trends in 2022

DNHN - In 2022, the insurance industry's most important themes revolve around digital technology and humans, particularly in the wake of the pandemic.

One of the most notable trends in the insurance industry for the year 2022 is the development of digital applications, digital platforms, and digital technology, as well as an increased awareness of insurance among the general public following the pandemic; costs, insurance policies, and fierce competition among the industry's insurance professionals.

Ảnh minh họaTop 5 big changes in the insurance industry to look out for in 2022.
Ảnh minh họaTop 5 big changes in the insurance industry to look out for in 2022.. (Photo: Vietnam Report, June 2022, Survey of Vietnamese insurance companies and interviews with insurance experts)

Digital applications, digital platforms, and other digital technologies are becoming more and more important in the process of buying insurance. To take advantage of this growth, insurers are rushing to perfect and use digital platforms for insurance processes. Some insurance policies will also be simplified over time to make them easier to digitize and automate.

Moreover, after the tourism market opens, people's desire to travel goes up sharply. This leads to a hot growth in the tourism market, which in turn leads to travel insurance, which may become the trend of the year. After the loss of the pandemic, health insurance has become one of the solid "shields" that customers can rely on to help them through hard times.

People have learned from going through that hard time that they need insurance services before bad things happen again. This is why life insurance is the answer to these problems. So, this is an important and necessary trend in the insurance business in 2022.

Along with that, insurance costs will go up, and there will be changes to insurance policies. Insurers will try to come up with more specific policies that meet their customers' real needs and give them new options. At the same time, a lot of new product packages are made to fit each customer better.

In addition to these great things, human resources is also a big reason why the insurance industry is so competitive when it comes to hiring talented people.

Due to the recent pandemic, there was a time when people couldn't leave their homes. This has changed the way insurance companies work and how their employees see their work environment.

Some insurance companies let their employees switch between working from home and in the office. This makes it harder for insurance companies to find and keep good employees during the pandemic.

PV

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