Innovation offers a ray of hope in times of recession


Innovation offers a ray of hope in times of recession

Considering new ideas and products may not always seem like a priority in times of crisis, but, says Fernando Villar COO EMEA at Swiss Re, this is precisely the time when innovation and partnerships can make a real difference.

In these uncertain times, many economists are predicting the worst downturn since the great depression. The global pandemic is hitting the global economy hard at a time when economic resilience was already low to start with. The recovery is not expected to be easy.

This is something Fernando Villar, chief operations officer and head of P&C Solutions EMEA at Swiss Re, has been giving a lot of thought. “I quite literally wake up and go to sleep thinking about how to help our clients and business partners to grow, be more efficient, and ultimately, how to help make the world more a resilient place,” he says.

Technology is making everyday life so much easier, but Villar says it could do a lot more.

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