Intelligent Growth: Intent, Decisions, Outcomes (2024 edition)
By ACORD
December 2024
The insurance industry is unusual compared to most other sectors worldwide, in that growth is not necessarily linked to value generation. Is “Intelligent Growth” achievable, and should it be a driving goal for insurers?
This comprehensive analysis of the growth patterns of approximately 11,000 insurance carriers worldwide focused on the intersection between levels of growth and value creation in order to identify the key drivers, strategies & tactics, and levers behind superior financial performance and growth. Key questions that were addressed include:
- How did growth patterns vary over time and across various cohorts? How did they correlate to lines of business, geographies, and insurer characteristics?
- How did value creation or destruction vary in relation to strategies, tactics, and growth?
- What are the key strategic and capability imperatives for achieving sustainable, value-creating growth?
This updated edition contains new data and insights current as of December 2024. ACORD R&D white papers are available free of charge to all ACORD members.