The obvious question  is "Which insurers will be buffeted and suffer most from these shockwaves?" Remember that McKinsey has evidence that four to seven insurers in any one market will capture the majority of premiums and profits.

See "Winner takes most in digital transformation" which has link to the McKinsey Research. 

If ever there were a time when insurers of all sizes should adopt the vision, strategies and technologies to fight titans like Allianz it is now. Otherwise you face becoming one of the long tail of insurers sharing a diminished pot of premiums and probably negative profitability. See "UK motor insurers face losses this year".

Act now!