Disruptive trends in the insurance industry are changing the risk landscape and creating an atmosphere of uncertainty as insurers seek to move forward in the wake of new technology and transforming consumer demand.

With this in mind, innovation is key for the industry to stay relevant and keep pace with rapid change, according to panelists at the Insurance Industry Charitable Foundation (IICF) Women in Insurance Global Conference, which took place June 7-9 in New York City.