By 2020, COVID-19 has taken its toll. Unfortunately, just because we say goodbye to a tumultuous year does not mean we have to say goodbye to the pandemic or its effects.
In this issue of Insurance News Analysis, the last in the calendar. this year, Natalie de Freitas and I discuss the effects of the pandemic on insurers and workers. As insurers reconsider the estimated claims costs, questions about the future of business interruptions remain as an insurance offer and the potential increase in parametric coverage. Fewer workplace injuries are perhaps the only silver lining on the dark cloud of COVID-19.
There are also interesting news in the car space. Car manufacturers are starting to use their ownership advantage in the race to own vehicle use data. The insurance pricing and claims capacity available via telematics make this a race worth watching .
Natalie and I also take a moment to talk about our vacation plans for the latter part of December and into the new year. While I'm not complaining, her plans sound a little more restful than mine.
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Disclaimer: This document is for general information purposes only and does not take into account the reader's specific circumstances and may not reflect recent developments. Accenture disclaims, to the extent permitted by applicable law, all responsibility for the accuracy and completeness of the information in this presentation and for any acts or omissions made based on such information. Accenture does not provide legal, regulatory, auditing or tax advice. Readers are responsible for obtaining such advice from their own legal counsel or other licensed personnel.