Special Episode: Covid-19 update with Brendan McManus, Peter Blanc and Warren Downey in association with Specialist Risk Group
April 15, 2020
How is the UK insurance industry really responding to the Covid-19 crisis?
The Voice of Insurance teamed up with Specialist Risk Group (SRG) and brought together three hugely experienced broking CEOs to find out.
Brendan McManus of PIB, Peter Blanc of Aston Lark and Warren Downey of SRG have traded through many crises in their careers, but probably nothing quite like this.
What’s working? What’s not? Who’s showing their true colours, good or bad?
In this essential debate, the trio rated the sector’s own operational response to the crisis and discussed the UK insurance industry leadership’s public relations performance, political risks and whether pandemics are insurable.
They didn’t hold back.
They also assessed the performance and financial strength of insurance carriers, the resilience of intermediaries exposed to premium finance credit risk and how the hit to the capital markets might affect debt and consequently the world of Broker M&A.
There was plenty of insight and no small amount of disagreement. You must listen to this now.
Many thanks to Specialist Risk Group (SRG) for making this happen
Links to news articles mentioned:
https://insuranceinsider.com/articles/132609/neal-covid-19-industry-loss-has-potential-magnitude-of-him
https://www.theinsurer.com/news/seven-senators-caution-trump-against-retroactive-bi-proposals/7987.article
https://www.theinsurer.com/news/qbe-to-raise-a13bn-for-coronavirus-buffer/7997.article
https://insuranceinsider.com/articles/132599/california-regulator-orders-insurers-to-return-premiums
https://insuranceinsider.com/articles/132608/hiscox-insureds-plan-legal-action-over-covid-19-bi-claims
https://www.theinsurer.com/news/abi-responds-to-criticism-with-covid-19-charity-fund/7986.article
