Blog: Why brokers must use data to understand post-pandemic risk
The way brokers have adapted and responded to the pandemic is a credit to the sector. In many respects it has played to brokers’ key strengths - innovation; agility; customer service and engagement. One thing that has been highlighted is the importance of digital, data and connectivity.
Even before Covid-19, the hunger for deeper data insights for more accurate risk assessment and pricing was growing. As brokers face new risks created by the pandemic, that demand has heightened.
In this blog, Jeffrey Skelton, managing director, LexisNexis Risk Solutions, Insurance, UK & Ireland, highlights the importance of digital, data and connectivity as brokers navigate a world with coronavirus.
Topics covered:
• Digital SME risks.
• Commercial e-trading.
• Insuring unoccupied commercial properties.
• Changing gear in motor.
• Home claims insights.