COVID-19: Impact on the Insurance Industry

COVID-19 has an enormous impact on our economy and the insurance industry has not escaped the consequences of the worldwide pandemic either. In this ePaper we will elaborate on the implications of the COVID-19 crisis for your insurances and risk management and propose a number of alternative solutions to finance risks.

In this ePaper we are taking a closer look at the impact of COVID-19 on the insurance industry:

What type of insurance is most affected?
How are insurers and reinsurers handling the standard exclusion for COVID-19?
Why is a captive an interesting form of alternative risk financing?

COVID-19: Impact on the Insurance Industry

Roaring twenties: impact on risk & insurance management

We will take a closer look at the following in this whitepaper: The consequences of Covid-19 on the insurance sector; The growing impact of ESG risks on the risk profile of companies; The increasing role of big data and reporting when underwriting risks; The changing world for risk & insurance managers.

COVID-19 and its impact on your company’s risk profile

The COVID-19 virus provokes enormous economic challenges and has a strong impact on the risk profile of your company. Adapted risk management and relevant insurance solutions will protect your business against COVID-19.

Cybercrime

Every company nowadays is a target for cybercriminals. Good protection against the growing cyber threat is crucial to safeguard the continuity and financial stability of your company.