Insurance is a highly intricate business that involves multiple procedures to administer like existing policies, new policies, selling new business, renewing policies, processing claims, and addressing customer inquiries. Adding to this intricate business, there are now new challenges due to…
Read MoreTag: COVID-19
USSA Cuts Insurance rates in the Wake of COVID-19
In wake of COVID-19, USSA took action by reducing homeowners’ and renters’ insurance rates in three states which include Ohio, Wisconsin, and Colorado. This action reinforces the company’s vision to innovate and build for the future. There is a decrease…
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Covid-19 resulted in escalation of Telehealth Claims
FAIR Health’s Monthly Telehealth Regional Tracker informs about the surge of Insurance claims for telehealth as a result of COVID-19. When the pandemic started in March telehealth visits increased to 50% according to Frost and Sullivan. Also, Telehealth claim lines…
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Future of Insurance Post-COVID-19
COVID-19 affected every industry sector across the world. The insurance industry has been affected both positively and negatively depending on the circumstances. It is now time to analyze those ups and downs and find what a post-COVID-19 world has for…
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Swiss Re Reports 9-month Net Loss Amid the Pandemic
Reinsurance company Swiss Re reported a small net loss in the first nine months after booking claims and reserves of $3 billion related to COVID-19. The company said that the loss is less than expected. Insurers worldwide are facing large…
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Chubb CEO: The U.S. remained incapable to manage Economy amid Covid-19
It is in the open that the Trump government has failed miserably in controlling the Corona pandemic. Each day the US is witnessing a huge number of new cases and deaths. The loss of life and health is one kind…
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Safe Meetings and Events: How COVID-19 Could Change the Industry’s Future
We all know the whole world is going through its worst phase of COVID-19 pandemic. Everyone is being locked down at home and following the trend of work from home. But what’s at the end for event planners. Where would…
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AEV Member Venues Turn Blue in Support of NHS Workers amid COVID-19 Pandemic
Events and entertainment industry has come together to show their support to brave NHS Staff risking their own health to take care of citizens during the ongoing COVID-19 Crisis. The industry has launched a #LightItBlue and #MakeItBlue campaigns to show…
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Detroit Auto Show Postponed as FEMA turns TCF Centre into field hospital for COVID-19 Patients
Amid the rising concerns around COVID-19 outbreak, the U.S. Army Corps of Engineers was assessing several possible sites for overflowing patients from hospitals nearing their capacity. Apart from the TCF Center where the Detroit Auto show was supposed to be held,…
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