The exponential spread of the coronavirus across the world has dominated headlines globally. While the primary focus is on public health, there’s no denying the fact that the COVID-19 outbreak has also put economies around the world on ventilators as businesses have taken a massive hit. With financial markets experiencing high volatility and entire countries under lockdown, it is unknown how the Insurance industry will look like after the pandemic.
However, the current COVID-19 crisis also presents an opportunity to embrace something that the FinTech/InsurTech community thrives at – and that is problem-solving using technology and innovation. |
