Global insurance prices continue to rise after a tumultuous 2020 and implications still rooted in the COVID-19 pandemic, according to the Global Insurance Market Index.
In their annual risk report, Allianz reported that the risk of pandemic outbreak skyrocketed to the top of 2020’s largest risks. Other risks that are usually ranked high, including business interruption and cyber risk, became even more prominent amid COVID-19.
Swiss Re Corporate Solutions, while a relatively new entrant into the international marketspace, has seen success in its programs. Here’s what the company is up to that’s making it work.
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 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.
When it comes to COVID-19 economic damage, some industries have been hit much harder than others. D&O underwriters are sure to be asking COVID-19-specific questions at renewals.
Staying connected to co-workers and injured workers is paramount for claims adjusters. They can remain connected, working from home, but may need support from their organizations to do so effectively.
As companies battle-test their continuity plans to varying degrees of success, it’s time to re-think our goals and risk tolerances and position our organizations to thrive in this new reality.
This environmental broker examines whether or not pollution legal liability policies can provide some relief to enterprises struggling with the effects of COVID-19.