Abstract

This chapter gives an overview of the consequences of the novel coronavirus, COVID-19 on the insurance branch. The main problems caused by the pandemic on the commercial insurance, and in particular, on the business interruption and possible innovations are discussed. The aim is to prepare the reader for the following chapters specifically by demonstrating connections between different aspects of modelling a pandemic. These models are necessary to create new insurance products supplementing governments’ actions in response to a pandemic.

Rights

This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite as

Eisenberg, J., Sahin, S. & Boado-Penas, M. 2021, 'COVID-19: a Trigger for Innovations in Insurance?', Pandemics: Insurance and Social Protection, pp. 1-12. https://doi.org/10.1007/978-3-030-78334-1_1

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Last updated: 20 November 2024
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