26 Apr 2021 • 

COVID-19 as a Catalyst for Changes in Digitisation, Coverage and Culture


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Apr 2021


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COVID-19 as a Catalyst for Changes in Digitisation, Coverage and Culture. Debate the impact that the COVID-19 pandemic has had on coverage and data .. Read more moving forward. What usage has increased/decreased? What does it mean for your customers? Which lines of business will be the winners and losers? Use digital tools to micro-segment risk pools so you can more accurately reflect risk and create the ability to turn insurance on/off—enabled by granular data and advanced modelling. Take advantage of real-time risk modelling and connected sensors to make real-time coverage, pricing adjustments and seamless cover portability across insurers. Understand how remote working and COVID-19 has changed how underwriters build relations, generate leads, increase retention and boost prospecting. How has COVID-19 accelerated digitisation across the whole value chain? Will pandemics be uninsurable? Or will better data and new models change that? Is there an opportunity to close the pandemic protection gap?

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