The coronavirus pandemic may have a vaccine, but that does not mean it’s been eradicated. Now is the time for workers’ comp professionals to recognize what the impacts of the virus could be moving forward.
If 2020 has taught us anything, it is that risk does not discriminate, it does not care about economic status, race, gender, or nationality. To face the new level of complex risks and uncertainties facing our global markets, more innovative and resilient risk management models are needed in 2021 and beyond.
The health care industry has borne a heavy burden throughout the pandemic. Burnout, a potentially dangerous talent gap and increasing financial strain on the industry are key risks insurance executives have in sharp focus.
Representatives of every facet of the workers’ comp industry ranked the factors and trends they view as most disruptive. While most present new challenges, some could bring positive change to the industry.
The year 2020 brought unexpected and grueling risk across several different sectors. We take a look at the most prominent risks faced this year and the lessons learned from them as 2021 quickly approaches.