ESG, climate change, evolving cyber issues and the changing job market are just some of the issues that will continue to affect the insurance industry this year. ESG, climate change, evolving cyber risks and the changing job market are just some of the issues that will continue to affect the insurance industry this year. (Photo: robertuzhbt89/Adobe Stock)

As we venture into 2023, here are several issues our news team will be watching that could have an impact on the insurance claims space. While none of these are new, per se, they are definitely evolving and some are taking on more significance as lawsuits and larger claims come into play.

Cybersecurity — This a constantly evolving risk that changes as companies and policyholders become more vigilant in one area and force bad actors to move into other vectors. While we’re seeing a drop in ransomware demands, social engineering is becoming more popular for hackers and will be a risk to watch.

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