Insurance Age

Blog: Why brokers must use data to understand post-pandemic risk

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    • Jeffrey Skelton

    • Indicative reading time: 3 minutes

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Jeffrey Skelton of Lexis Nexis highlights the importance of digital, data and connectivity as brokers navigate a world with coronavirus.

The way brokers have adapted and responded to the pandemic is a credit to the sector.  In many respects it has played to brokers’ key strengths – innovation; agility; customer service and engagement.

One thing that has been highlighted is the importance of digital, data and connectivity. 

Even before Covid-19, the hunger for deeper data insights for more accurate risk assessment and pricing was growing.  As brokers face new risks created by the pandemic, that demand has heightened.

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