Tag: COVID-19 pandemic

Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases

A photo of mature businesswoman using computer at desk. Concentrated female executive is working on desktop PC. Confident female professional is in formals. She is in brightly lit office.

A Swiss Re Institute survey of 11,000 consumers worldwide conducted two years into the COVID-19 pandemic found that the pandemic has resulted in a greater focus on health and financial security. This has led to an increase in online insurance purchases as well as a greater willingness to share personal health data, particularly among the… Continue reading Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases

Supply Chain Disruption Among Concerns for Tech and Life Sciences Clients: Survey

A recent survey of TechAssure’s insurance agent and broker members underscores how the COVID-19 pandemic has shaped their technology and life sciences clients’ approach to key business challenges and risks. “Technology and life sciences companies are pioneers in innovations, and have helped the world adapt since the onset of the pandemic,” said Veronica Somarriba, EVP,… Continue reading Supply Chain Disruption Among Concerns for Tech and Life Sciences Clients: Survey

New Aon Research Shows Importance of Better Decision Making in C-Suite in Wake of COVID-19 Pandemic

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Aon plc, a leading global professional services firm, today announced the results of its recent survey, “A New Approach to Volatility: The Importance of Making Better Decisions.” More than 18 months since the global outbreak of the COVID-19 pandemic, Aon surveyed 800 C-suite leaders and senior executives in the U.S., the EU, the UK and… Continue reading New Aon Research Shows Importance of Better Decision Making in C-Suite in Wake of COVID-19 Pandemic

Growth of Digital Health from COVID-19 Creating Unforeseen Insurance Perils

Woman goes through a temperature checks before going to work in the office and wearing medical face mask during COVID-19

The COVID-19 pandemic and worldwide trend towards the digitization of medicine is resulting in rapid technological change. However, this is also creating emerging risk issues and may result in healthcare risk managers reassessing risk liabilities, according to Willis Towers Watson, a leading global advisory, broking, and solutions company, at the launch of a White Paper… Continue reading Growth of Digital Health from COVID-19 Creating Unforeseen Insurance Perils

States Square Off Over Taxing Remote Workers’ Income

Flattening the curve: a happy woman sitting at home and talking to her friends or colleagues in a meeting using her laptop computer.

The rise of remote workers during the Covid-19 pandemic has led to a showdown in the U.S. Supreme Court over which state gets to tax their income. More than a dozen states submitted legal briefs this week to weigh in on a petition that New Hampshire filed with the court in October to stop Massachusetts… Continue reading States Square Off Over Taxing Remote Workers’ Income

Independent Insurance Agents Face Headwinds Brought On by COVID-19 Pandemic, J.D. Power Finds

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The perennial dominance of the agent channel in the insurance industry continues to face strong headwinds due to increased competition and evolving consumer expectations that have been highlighted by the COVID-19 pandemic. According to the J.D. Power 2020 U.S. Independent Agent Performance and Satisfaction Study,SM released today, misalignment and poor execution continue to place agent-based… Continue reading Independent Insurance Agents Face Headwinds Brought On by COVID-19 Pandemic, J.D. Power Finds

Pfizer’s Covid-19 Vaccine Proves 90% Effective in Latest Trials

Detail of coronavirus test sample

A vaccine developed by Pfizer Inc. and partner proved better than expected at protecting people from Covid-19 in a pivotal study, a milestone in the hunt for shots that can stop the global pandemic. The vaccine proved to be more than 90% effective in the first 94 subjects who were infected by the new coronavirus… Continue reading Pfizer’s Covid-19 Vaccine Proves 90% Effective in Latest Trials

Vacation Home Demand Soars During Pandemic

Waterfront villas on one of the island of Florida Keys, USA

Home sales are booming in popular vacation spots, as the pandemic leads more Americans to seek places to work or relax within driving distance of home. In traditional vacation destinations such as Key West, Fla., Ocean City, N.J., and Traverse City, Mich., online house shopping and pending sales are up relative to the country overall,… Continue reading Vacation Home Demand Soars During Pandemic

U.S. Retail Bankruptcies, Store Closures Hit Record in First Half

Close-up on a red sign in a window written inside in English "Out of business".

Retail bankruptcies, liquidations and store closings in the U.S. reached records in the first half of 2020 as the Covid-19 pandemic accelerated industry changes, particularly the shift to online shopping, according to a report. In the first six months, 18 retailers filed for chapter 11 protection, mostly concentrated in apparel and footwear, home furnishings, grocery… Continue reading U.S. Retail Bankruptcies, Store Closures Hit Record in First Half

Former NYC Vacation Spots Become Year-Round Homes

"House, Located in New York"

Summer may be ending, but the crowds aren’t going anywhere. Renters have filled beach towns in the New York City area since March, when Covid-19 was declared a pandemic. Now with a good number of parents opting for remote learning for their kids and companies still allowing employees to work from home, many have decided… Continue reading Former NYC Vacation Spots Become Year-Round Homes