Potential implications of COVID-19 for the insurance sector has been saved
Potential implications of COVID-19 for the insurance sector
How the coronavirus outbreak may impact insurers operationally and economically
COVID-19 is impacting the insurance industry in multiple ways—from employee and business continuity issues to client service considerations to the financial outlook. Here are some key issues insurers face and potential action steps they could take.
INSURERS are responding to the widening COVID-19 outbreak on multiple fronts—as claims payers, employers, and capital managers. Each has its own distinct challenges, not just for the insurance industry, but for the economy and society at large.