Jan Blumenthal, Country Manager Lloyd's Germany and Austria
"Faced with COVID-19, it is expected that the insurance sector develops its own models - working closely with policymakers - in order to build resilience"
The impact of COVID-19 on the global insurance non-life industry will be far in excess of some of the most serious natural disasters such as the hurricanes in 2017 and other historical events such as 9/11. The roadshow of webinars organised by Lloyd’s Europe in different EU countries, explore how the insurance industry has to change and evolve after the COVID-19 crisis and the Lloyd’s initiatives to help businesses and communities build resilience and get back on their feet.
"Faced with COVID-19, it is expected that the insurance sector develops its own models - working closely with policymakers - in order to build resilience"
"Germany is our second largest market for Lloyd's Insurance company in Europe, with just under nearly half a billion of Euros of premium written in 2019"
"There will be two changes in the actual underwriting room - digitally enables spaces and assistance to self-serve - so that we can help the market do more digitally"
"Like all businesses Lloyd's has had to adapt as a result of COVID-19. In the first instance, our focus has been on paying claims as quickly as possible"