AUDIO: The Effects of COVID-19 on the Re/Insurance Industry – and Some of the Lessons Learned
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In a wide-ranging interview, conducted in early August 2020, David Flandro, Managing Director, Analytics, at London-based Hyperion X, the data and technology-focused division of Hyperion Insurance Group, provides an update on how the COVID-19 crisis is affecting the re/insurance industry. Among these lessons are the need for contract clarity, that virtual business dealings can be embraced quickly with technology, and that costs can be removed from the value chain with innovation and competition.