Weak Data Governance Will Sink Insurers in 2025

In a recent analysis by PropertyCasualty360, insurers are warned that poor data governance could cost them customer trust and competitive edge. With increasing regulatory demands and customer expectations, insurers face a tipping point. Firms still relying on siloed or outdated data systems risk making misinformed underwriting, pricing, and claims decisions. The article highlights real‑world cases where data inaccuracies led to compliance failures, underwriting losses, or customer churn. The piece urges insurers to embed master data governance (MDG), appoint clear data ownership, and build robust stewardship frameworks. Those who fail to act may see rivals gain advantage in agility and trust.
Source: [PropertyCasualty360 “Weak data governance will sink insurers in 2025”]