Novarica Press Round-Up: Spotlight on COVID-19 Coverage

 

 

Carrier Management: CIO Checklist: COVID-19 Highlights Need to Revisit Continuity Plans
18 March – Mitch Wein
“Natural disasters and cybersecurity issues are on the rise, and new threats continue to emerge. The COVID-19 outbreak in 2020 is, in some ways, reminiscent of the SARS experience of 2002-2003, but both the technical and business environments have changed dramatically.”

ITL: The Best Tools for Disaster Preparation
17 March – Rob McIsaac
“If the COVID-19 pandemic has taught the world anything, it’s that each event is different from the last. It’s not enough to have an abstract plan in place when disaster strikes. The most effective disaster recovery and business continuity (DR/BC) plans are those that organizations practice routinely.”

IIR: Adapting to Remote Agile
17 March – Martin Higgins
“As of this week, many development teams will be having their first experience with remote Agile. Even those experienced with occasional work-from-home or geographically dispersed members may still find themselves in uncharted territory when forced into a 100 percent remote mode of operation.”

ITL: Agile, Organizational Realignment
16 March – Martin Higgins
“Machine vision is the AI-based analysis of images from sources like smartphone photos, drones, low-lying aircraft, satellites and dashcams. Machine vision platforms offer analysis—i.e., the ability to upload images from a proprietary source into a platform—or they can be trained from scratch to work with an insurer’s business.”

A.M. Best: Novarica SVP: COVID-19 Could Put Pressure on Workers’ Comp, Life Insurers
16 March – Mitch Wein
“The quickly spreading COVID-19 virus could spike workers’ compensation and life insurance claims, said Mitch Wein, senior vice president, consulting and research, Novarica.”

IIR: Insurance Business Continuity During Pandemics
13 March – Mitch Wein
“With researchers discovering new information about COVID-19 and governments and companies around the world reacting to it, insurers’ DR/BC plans need to change constantly along with these updates.”

IIR: COVID-19: Impact on Insurers
2 March – Mitch Wein
“In addition to reviewing products and coverages, insurers should direct IT organizations to work with their operational risk committees to review their pandemic scenarios and run simulation testing ASAP to make sure there are no surprises.”

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