| Suppliers |
|
| Low Interest Rates Adversely Affect Return on Assets |
|
| Rivalry |
|
| Economies of Scale Favor Largest Industry Players |
|
| Buyers |
|
| Customers Defecting to Competitors with Lower Insurance Premiums |
|
| Customers Defecting to Competitors with Superior Digital Experiences |
|
| Entrants |
|
| Fintechs More Savvy in Employing Digital Innovations |
|
| Substitutes |
|
| Blockchain May Disintermediate Insurance Market |
|
