Category:

Workplace/Employee Benefits

Insurers need to be flexible with customers following unemployment spikes,says GlobalData

“Insurers need to be flexible with their customers in order to reduce the impact of rising unemployment. Payment holidays can help for a limited time period. Insurers should also be flexible and allow their customers to adjust their level of cover to one that is more affordable for them. The development of usage-based policies and short-term, on-demand policies with lower premiums will also help insurers retain some of their customers during difficult times, said Yasha Kuruvilla, Insurance Analyst at GlobalData

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“Businesses need to restart facilities with care and caution after coronavirus lockdown”:AGCS

“Restoring operations at a facility that was once idle or vacant presents another set of loss prevention challenges, particularly to manufacturing plants with hazardous equipment or processes,” explains Stephen Clark, Global Technical & Expertise Manager for Property Risk Consulting at AGCS.

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