The May 2022 Aite-Novarica report Business and Technology Trends, 2022: Specialty Lines by Martin Higgins, Eric Weisburg, and Steven Kaye examines the specialty insurance market’s evolution, shaped by regulatory pressures, pandemic impacts, and geopolitical factors like the war in Ukraine. It highlights growth in specialty insurers, MGAs, and InsurTech, with rising focus on cyber-liability, renewable energy, and climate change. The report reviews insurer capabilities in product development, distribution, underwriting, claims, and operations, emphasizing digital transformation, data analytics, and core systems, while identifying top technology priorities including business intelligence, policy administration, and agent access.

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