Why COVID-19 has made insurance buyers more selective: Airmic chair

15-09-2020

Why COVID-19 has made insurance buyers more selective: Airmic chair

Tracey Skinner, Airmic

Timing of renewals is also a concern, says Skinner ahead of Airmic Fest.

In the face of the hard market that has followed COVID-19, insurance buyers are now focusing far more on the core of what they really want to buy, according to Airmic chair Tracey Skinner.

“It is a case of buying what you can afford rather than what you had, and making some really difficult choices,” she said.

“For those of us lucky enough to have a captive, there is certainly far more use of that today than there was before, and for those that can be a bit more bullish and take on more self-insurance captive or not captive-related that is becoming an option.


Airmic, Risk Management, Insurance, Reinsurance, Tracey Skinner, North America

Intelligent Insurer