Is cash really king? According to the results of our 2013 CFO Study, the majority of insurers are planning to maintain their current levels of cash as a percentage of revenue this year, yet they realize holding cash can present risks. In fact, more than half of those surveyed say that holding cash potentially limits innovation. But there’s a strategy behind their approach.
In this video—the last in my two-part series—I take a closer look at four reasons insurers are holding cash on the sidelines, and explore the critical enablers for successful insurance organizations.
To learn more:
- Watch the first video in this series: “Preparing for growth: How ready are insurers for anticipated industry growth?”