Insurance coverage Information: COP26 outcomes, eldercare and vacation journey


The holidays are just around the corner. Given what happened this year and what the new year will bring, let’s meet again with our families and friends from near and far. We are also reminded of the risks they face and the risks to the planet we all share.

In this final analysis from Insurance News of 2021, Abbey Compton and I reflect on COP26 that took place in Glasgow last month. The insurance industry’s role in creating greater resilience for countries and communities at risk has been an important part of the discussion and a driver of the new Global Resilience Index Initiative.

Farmers and other people dependent on the agricultural sector around the world are feeling the effects of climate change. We discuss how insurers can help achieve more Resilience in Agriculture.

With the coming holidays, many of us will be getting the latest tech gadgets. Although our children are sometimes more tech-savvy than we are, the World Economic Forum has concerns about the need for inclusion Technology for older adults. Inclusive technologies applied through connected and IoT devices can empower seniors who want to age on the spot and help minimize the costs associated with increased levels of care.

Finally, we talk about vacation plans. For insurance customers whose plans are disrupted by travel restrictions, Cancel insurance for any reason seems like the only way. As the COVID-19 pandemic continues and new varieties emerge, insurers need to work with customers to mitigate and manage the risks associated with it, including trip cancellation.

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Disclaimer: This content is provided for general informational purposes and is not intended to be used in lieu of advice from our professional advisors.
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