Both property/casualty insurers ($1.6B to print, -15 percent) and life insurance ($1.9B to print, -9 percent) are turning to the Internet on-the-cheap and will see almost zero growth in premium income.
Related at Number 12 is investment/brokerage ($948B, +7 percent; with $7.9B to print, -7 percent). Only robust digital printing is gaining in securities/brokerage and mutual funds ($4.7B to print, -6 percent), while direct mail, coldweb and other commercial print crash.
- People:
- Jack Welch
- Places:
- United States
Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org