Are Insurance Leaders Stuck in Silos? New Global Study Reveals Surprising Disconnects

Insurance data analytics meeting

In an era when every professional industry—from insurance and mortgage to real estate and finance—is racing toward smarter, data‑driven decisions, a groundbreaking global survey reveals something unexpected: many insurance companies are still making choices in isolation. The study, conducted by Risk.net and SAS, uncovers that a significant percentage of senior decision‑makers lack confidence in their organization’s ability to connect strategy, technology and real‑time data.

A Closer Look at the Findings

Nearly four in ten leaders surveyed—38%—admit they are not sure their company has a comprehensive, real-time view of risks, revenue and costs. While an encouraging 85% say they have a clear organizational vision, many still operate in fragmented environments where teams, systems and strategies remain disconnected.

The full report, Breaking Silos: Agile Insurance in an Uncertain World, highlights challenges familiar across all sectors: economic uncertainty, regulatory pressure, rapid technological shifts and cost‑management hurdles.

The Data Tells a Bigger Story

41% say poor data quality is the biggest barrier to effective decision‑making.
36% cite lack of collaboration and unclear ownership.
• Over 40% admit claims decisions still rely on gut instinct more than analytics.
• Yet more than 70% in regulatory reporting and financial management say they rely heavily on data‑driven insights.

It’s a layered landscape—one where high expectations collide with siloed or outdated processes. As SAS expert Franklin Manchester notes, AI and analytics can revolutionize operations, but only when backed by a cohesive, organization‑wide strategy.

Where Opportunity Meets Innovation

Despite the obstacles, the insurance industry sits on the edge of major transformation. Leaders interviewed point to the growing potential of AI, machine learning and advanced analytics to elevate data quality, unify decision‑making and modernize how insurers operate.

According to SAS Global Advisor Thorsten Hein, embracing these innovations results in stronger customer satisfaction, heightened efficiency and long‑term financial resilience.

Interested in Digging Deeper?

Professionals can explore these insights via an interactive dashboard or register for the upcoming webinar, Breaking the Insurance Silos: Driving Profitability and Agility, featuring voices from AXA, Bupa Hong Kong, SAS and Deloitte.

Why This Matters to Professionals Across Industries

Whether you’re in insurance, real estate, finance or any other regulated profession, the message is universal: modern professionals must understand data, embrace technology and continually invest in growth to stay competitive.

At Cameron Academy, we see this shift firsthand. Professionals entering or advancing in their field increasingly seek flexible, high‑quality training that keeps them ahead of change. As industries push toward more collaborative, analytics‑driven operations, licensed professionals who understand compliance, data and decision‑making will hold exceptional advantage.

To read the complete press release, visit SAS at this link.

More Articles

Getting licensed or staying ahead in your career can be a journey—but it doesn’t have to be overwhelming. Grab your favorite coffee or tea, take a moment to relax, and browse through our articles. Whether you’re just starting out or renewing your expertise, we’ve got tips, insights, and advice to keep you moving forward. Here’s to your success—one sip and one step at a time!

Florida’s Long‑Standing Condo Lending Restrictions May Finally End This December

After nearly 20 years under uniquely harsh lending rules, Florida may finally see its condo market freed from a 25% down payment requirement imposed only on the state. Industry leaders say Fannie Mae could announce changes as early as December—potentially restoring the standard 10% down payment used everywhere else in the country. Experts believe the shift would boost maintenance funding, improve affordability, and stabilize Florida’s condo market after years of strain.

Confidence Surges in Phoenix as Commercial Real Estate Rebounds in 2025

Phoenix’s commercial real estate market is shaking off years of uncertainty as broker optimism hits its highest level since interest rates began climbing. The latest ASU Commercial Broker Sentiment Index soared to 62.7, signaling strong confidence across multifamily, retail, office, and capital markets. With population growth accelerating, interest rates easing, and AI boosting industry efficiency, Phoenix is positioning itself for a powerful run into 2026—offering meaningful opportunities for both new and seasoned real estate professionals.

Michigan Lawmakers Consider Allowing All Continuing Education Hours to Be Completed Online

Michigan’s House Rules Committee heard testimony on a proposal that would let licensed professionals complete all required continuing education online. Supporters say the change would modernize outdated rules, reduce costs, and improve access for rural and busy workers. The state licensing department backs the measure, and lawmakers noted it could reshape CE options across industries from real estate to insurance and healthcare.

Florida’s Home Insurance Crisis Reaches a Breaking Point as Premiums Skyrocket

Florida homeowners are now paying an average of $5,838 per year for insurance — nearly $3,000 above the national average — making it one of the most expensive states in the country. As premiums continue to triple for some residents, many are being forced into tough decisions, from delaying home improvements to dropping coverage altogether. With more than 40% of claims closed with no payment and lawmakers pushing for aggressive reforms, the crisis is reshaping Florida’s housing market and placing growing pressure on real estate, mortgage, and insurance professionals statewide.

Griffin Funding Names John Jones SVP of Growth as It Sets Sights on $3B Non-QM Volume by 2030

Griffin Funding has elevated John Jones to Senior Vice President of Growth and EOS Integrator, marking a major step in the company’s long-term expansion strategy. Already a key operational leader since April 2025, Jones will now drive performance optimization, market expansion, and leadership development as the lender pursues an ambitious goal of reaching $3 billion in annual non-QM loan volume by 2030. His promotion underscores Griffin Funding’s commitment to scaling strategically while strengthening its position in the fast-growing non-QM space.

Why Lower Rates Still Haven’t Unlocked Commercial Real Estate

Despite recent Federal Reserve rate cuts, commercial real estate remains frozen. Long‑term Treasury yields continue to climb, keeping borrowing costs high and preventing the relief investors expected. With nearly $1 trillion in commercial loans coming due, refinancing at today’s elevated rates is squeezing owners, slowing transactions, and creating a widening gap between buyers and sellers. For patient, well‑capitalized investors, this period of recalibration may offer some of the strongest opportunities in years.