Reconsidering Risk
Six months ago, we made predictions about major trends shaping the insurance market in 2021. Now, we are revisiting them to see what came true.
COVID-19 is a disease caused by SARS-CoV-2 that can trigger what doctors call a respiratory tract infection. It can affect your upper respiratory tract (sinuses, nose, and throat) or lower respiratory tract (windpipe and lungs). It spreads the same way other coronaviruses do, mainly through person-to-person contact.
Six months ago, we made predictions about major trends shaping the insurance market in 2021. Now, we are revisiting them to see what came true.
This “new” normal of hybrid work has significant implications for employers, and their employees.
This pandemic has afforded insurance carriers with a unique opportunity to re-evaluate how they operate independently, and how their actions can affect their attractiveness for new business.
Anyone who works in the workers’ compensation (WC) field clearly knows that there is not a shortage of claim information. When evaluated effectively, carriers can understand their policyholders through use of benchmarking standards and measurement of key performance indicators.