B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Current
$170,000,000,000
$170,000,000,000 -- premium revenue at risk for global insurance industry (2027 (projection, 2022 report))
Insurers could lose up to $170 billion in premiums by 2027 as a result of poor claims experiences.
- projection
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
$170,000,000,000
Unit
Currency Usd
Data Vintage
2027 (projection, 2022 report)
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
Accenture
Primary
Tier B
https://vcasoftware.com/creating-customer-centric-claims-experiences/ ↗
Source Article
Creating Customer Centric Claims Experiences
Since customers are central to your success, it makes sense for your claims experiences to be customer centric. Accenture says insurers could lose $170 billion in premiums by 2027 due to poor claims experiences. To stop the post-claim churn, leaders need to figure out how to give claimants the exper…
Original Research
Accenture
· Original study ↗
Methodology
Accenture 2022 insurance claims report projection
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
global insurance industry: $170,000,000,000 premium revenue at risk. Source: Accenture (2027 (projection, 2022 report)). Via Lighthouse Intelligence -- https://lighthousedata.io/data/insurers-premium-loss-poor-claims-2027
HTML Embed
<blockquote cite="https://lighthousedata.io/data/insurers-premium-loss-poor-claims-2027" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$170,000,000,000</strong> -- premium revenue at risk for global insurance industry<br><small>Source: Accenture (2027 (projection, 2022 report)) · <a href="https://lighthousedata.io/data/insurers-premium-loss-poor-claims-2027" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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