KPMG 2023 CCO Survey: Insurance
The CCO survey reveals how Insurance CCOs are adapting to new regulatory requirements, progressing their ESG initiatives, and more.
Anticipating more scrutiny
The KPMG 2023 Chief Ethics & Compliance Officer (CCO) Survey* reveals how Insurance CCOs are adapting to new regulatory requirements, progressing their ESG initiatives, and expanding their use of technology. However, they face several challenges, including adapting to new regulatory requirements, progressing their ESG initiatives, expanding their use of technology, attracting capable talent, and improving compliance processes.
Dive into our thinking:
Discover key drivers, and three actions CCOs can take related to the key findings.
Download PDFInsurance companies need to stay the course on their compliance journeys—particularly with enhancing technology to better tap data analytics and automation and enhance cyber and data protections.
Ed Chanda
Global Leader of Insurance Audit
Challenges on the horizon
Top challenges in Insurance:
“Insurance companies are in a unique position to improve the strength of their compliance programs by incorporating the power of analytical tools to assess their control environments.”
- Mike Lamberth, Insurance Regulatory Leader – Partner, Advisory
*The KPMG 2023 CCO Survey is conducted bi-yearly to explore the priorities and two-year outlook of 240 CCOs from some of the largest ($5B+ in revenue) organizations in the world. Their responses offer valuable insights into key areas of ethics and compliance across seven industries.
2023 KPMG Chief Ethics & Compliance Officer Survey
Anticipating more scrutiny
Insurance
Discover new opportunities amid disruption and uncertainty
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