Insurance coverage Information: COP26 outcomes, eldercare and vacation journey


The vacations are upon us. As we think about all that’s occurred this yr and what the new yr could deliver, we reconnect with our households and mates each far and close to. We’re additionally reminded of the dangers they face and the dangers dealing with the planet we all share. 

On this remaining Insurance coverage Information Evaluation of 2021, Abbey Compton and I mirror on COP26, which came about final month in Glasgow. The insurance coverage trade’s function in creating larger resilience for susceptible international locations and communities was a key a part of the dialogue and a driver of the brand new International Resilience Index Initiative 

World wide, farmers and others depending on the agriculture sector are feeling the impacts of local weather change. We focus on methods insurers can assist obtain larger resilience in agriculture. 

With the vacations coming, many people might be procuring the most recent tech devices. Whereas our youngsters could at instances be extra tech-savvy than ourselves, the World Financial Discussion board is elevating issues in regards to the want for inclusive know-how for older adults. Inclusive applied sciences utilized utilizing linked and IoT gadgets can allow seniors trying to age in place and assist reduce prices related to elevated ranges of care. 

Lastly, we speak about vacation plans. For insurance coverage clients whose plans are being disrupted by journey restrictions, Cancel For Any Motive insurance coverage could appear to be the one choice. Because the COVID-19 pandemic persists and new variants seem, insurers might want to work with clients to mitigate and handle the related dangers, together with journey cancellation. 

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Disclaimer: This content material is offered for common info functions and isn’t meant for use rather than session with our skilled advisors.
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