Insurance carriers may find opportunities to develop effective strategies in risk management and other areas while responding to new regulatory requirements for the industry, according to a report from Celent. "As firms chart strategies to navigate the deluge of regulations that have appeared on the radar, they can choose to accept and follow conventional wisdom, or to tackle the tough questions head-on by formulating coordinated regulatory response strategies that create value-enhancing outcomes," said Cubillas Ding of Celent.

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