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Insurance news: COP26 outcome, elderly care and holiday travel



The holidays are upon us. When we consider everything that has happened this year and what the new year may mean, we give feedback to our families and friends both near and far. We are also reminded of the risks they face and the risks of the planet we all share.

In this latest Insurance News Analysis of 2021, Abbey Compton and I reflect on COP26, which took place last month in Glasgow. The role of the insurance industry in creating greater resilience for vulnerable countries and societies was an important part of the discussion and a driving force for the new Global Resilience Index Initiative.

Around the world, farmers and others who depend on the agricultural sector are feeling the effects of climate change. We discuss how insurers can help achieve greater resilience in agriculture.

When the holidays come, many of us will get the latest technical gadgets. While our children can sometimes be more technically savvy than ourselves, the World Economic Forum raises concerns about the need for inclusion technology for older adults. Inclusive technologies applied with connected devices and IoT devices can enable seniors who want to age on site and help minimize costs associated with increased levels of care.

For insurance customers whose plans are disrupted by travel restrictions, Terminate the insurance for any reason may seem to be the only option. When the covid-19 pandemic persists and new variants emerge, insurance companies will need to work with their customers to mitigate and manage the associated risks, including travel cancellations.

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Disclaimer: This content is provided for general information purposes only and is not intended to be used in consultation with our professional advisors.
Disclaimer: This document refers to trademarks owned by third parties. All such third party trademarks are the property of their respective owners. No sponsorship, support or endorsement of this content by the owners of such brands is intended, expressed or implied.


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