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Workplace and supply chain risks from COVID-19 having significant impact on power sector

Graham Knight, Head of Global Natural Resources, Willis Towers Watson, said: “In these unprecedented and uncertain times, the issue of COVID-19 remained uppermost in all our minds as the power industry and their stakeholders begin to analyse the effects on their balance sheets and on their overall risk landscape.  Willis Towers Watson is a global leader when it comes to helping power companies address these growing regulatory, investor, employee and operating pressures through improved offerings that combine the analytics, advice and transactional expertise from across the company.”

Insurers’ business interruption U-turn could lead to significant uptake in product,says GlobalData

Ben Carey-Evans, Insurance Analyst at GlobalData, a leading data and analytics company, said “This is a significant turnaround for the industry, which had up to this point been stating that claims were not valid because of pandemic exclusions.In reality, there was no positive outlook for insurers in this dispute. Paying out will cost millions in claims as businesses around the country have been shut down or severely restricted during lockdown. However, not paying out would also have led to reduced consumer trust, with many business owners likely to avoid taking out any form of business interruption insurance in the future.

dacadoo and T&D Holdings collaborates for digital insurance in Japan

T&D has positioned the digital insurance business as one of the newly focused business areas in its medium-term management plan “Try & Discover 2021 – Creation of Shared Value –”. Under the digital insurance business strategy, the Group pursues establishing a new customer base by offering products and services through “digital touchpoints” with millennial generation consumers. 

Aircraft makers go digital to fight coronavirus delivery logjam

Planemaker Airbus “e-delivered” three A320neo jets in April and Italian helicopter maker Leonardo is in talks with 20 clients about using its “smart delivery” HeliLink video system for inspections. But deliveries remain at a fraction of usual levels.

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