Rapid response to catastrophic weather events must take into consideration “the loss of available personnel both in the company’s claims department and at vendors who are needed for full and best response.” As Hurricane Laura lands in the middle of the Covid-19 pandemic, the preparation that has been done in months past are paying off for companies who planned and practiced for such events.
Risk and insurance professionals must become more savvy understanding their organization’s exposure to extreme weather events. Investments in insurtech are critical now...
Quote of the Week: “One of the key lessons to take away from the pandemic is that the digital way of doing business is here to stay. It’s the only way to meet changing...