The document discusses key findings from Accenture's 2015 Global Risk Management Study regarding the insurance industry. It finds that 66% of surveyed insurers are increasing investment in data and analytics, with 30% planning growth of over 20%. It also notes that 79% see digital risks as major risks and 74% expect cyber and IT risks to become more severe. The study identifies 5 priorities for risk management in insurance: 1) Getting to grips with digital, 2) Making more of data and analytics, 3) Using operational risk to enable growth, 4) Building a consistent risk culture, and 5) Ramping up recruitment and retention.
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Accenture 2015 Global Risk Management Study: Insurance Report Key Findings and Insights