How an insurance bellwether can offer post-lockdown insight

22-04-2020

Claire Churchard

How an insurance bellwether can offer post-lockdown insight

Willis Towers Watson is looking at global data for the motor industry to glean advanced lessons on preparing for the new normal after the COVID-19 pandemic subsides. Intelligent Insurer finds out more.

“Now is the right time to make sure that key metrics are in place to ensure that the data insurers will need is available to help them respond.” Tom Helm head of claims consulting at Willis Towers Watson. 

· Changes in volumes of body shop activity provide insight into future
· Data from China key as nation is ahead of others in lockdown experience
· Post-pandemic scenario planning supported by "truly global" industry claims data
· Bellwether to help sector prepare a “war room-type” response

Efforts to get ready for the challenges of a very different post-pandemic world can be strengthened with information from an insurance industry bellwether, the globally interconnected motor sector.


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