The Boston Consulting Group white paper "Tackling Social Inflation" addresses the rising impact of social inflation on P&C insurers, driven by litigation funding, aggressive legal marketing, changing jury attitudes, and regulatory changes. It highlights the significant cost implications, including inflated claims and increased litigation. The paper proposes a strategic response focused on early detection, litigation cost control, and engaging in policy reform to mitigate risks. Insurers are encouraged to use predictive analytics, streamline claims management, and collaborate with policymakers to manage the escalating costs effectively.

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