COVID-19: A Trigger for Innovations in Insurance?

María Del Carmen Boado-Penas; Julia Eisenberg; Şule Şahin

doi:10.1007/978-3-030-78334-1_1

COVID-19: A Trigger for Innovations in Insurance?

María Del Carmen Boado-Penas, Julia Eisenberg, Şule Şahin

The York Management School

Research output: Chapter in Book/Report/Conference proceeding › Chapter

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.

Original language	English
Title of host publication	Pandemics
Subtitle of host publication	Insurance and Social Protection
Editors	Carmen Boado-Penas, Julia Eisenberg, Sule Sahin
Publisher	Springer Press
Chapter	1
Pages	1-12
Number of pages	12
ISBN (Electronic)	978-3-030-78334-1
ISBN (Print)	978-3-030-78333-4
DOIs	https://doi.org/10.1007/978-3-030-78334-1_1
Publication status	Published - 5 Jan 2022

Publication series

Name	Springer Actuarial Series

Access to Document

10.1007/978-3-030-78334-1_1Licence: CC BY

Cite this

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title = "COVID-19: A Trigger for Innovations in Insurance?",

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{\textquoteright} actions in response to a pandemic.",

author = "Boado-Penas, {Mar{\'i}a Del Carmen} and Julia Eisenberg and {\c S}ule {\c S}ahin",

year = "2022",

month = jan,

day = "5",

doi = "10.1007/978-3-030-78334-1_1",

language = "English",

isbn = "978-3-030-78333-4",

series = "Springer Actuarial Series",

publisher = "Springer Press",

pages = "1--12",