Insurance stocks can be a great choice for an investment portfolio, as they not only have the potential to provide long-term gains, but can also work when the market is volatile. And while the ongoing pandemic has been able to crumble quite a few enterprises, there has been one particular insurance firm that it has not been able to slow down. Its stocks, in fact, rocketed by a whopping 219 per cent over the past 12 months. This year, most companies are expected to shift the focus of their core strategies from the products and services they offer to the markets that they serve, an impact of which will fall on the insurance industry.