Shaun Tarbuck, chief executive, ICMIF, said mutual insurers' future appears bright but will be tied to how well they serve their respective affinity groups.
Nick Shufro, director, sustainable business solutions, PwC said his organization is working with the insurance community to focus on better withstanding disasters and strengthening insurance coverage.
Monica Woodley of the Economist Group said mutual insurers asked about barriers to innovation responded that their own organizations may be a big barrier in promoting organizational innovation.
Mutual insurers at the ICMIF conference said the mutual model can help address many global societal problems, including protection against disasters and sustainability.
Jeff Kingsley, partner, Goldberg Segalla, said mutual insurers are part of the wave of consolidation affecting the global insurance and reinsurance industries, but must work to help regulators better understand their unique structure.
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