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Insurers targeting younger generations face longstanding industry issues of a lack of understanding and a lack of consumer trust.
The global marine, aviation, and transit (MAT) insurance industry, which was forecasted to grow at a compound annual growth rate (CAGR) of 6.9% before the imposition of the reciprocal tariff from the US, is now expected to grow at a CAGR of 6.4% during 2025-29, in terms of written premiums, according to GlobalData, a leading data and analytics company.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?