65. News: Covid-19 - Worse than 9/11 and Katrina for the insurance industry

Sarah and Nigel are joined by a panel of great guests to talk through the latest and greatest news in the insurtech and insurance industry! Our guests this week are:

Sophie Winwood - Investor at Anthemis

Niels Thoné - CEO of Sprout.ai

Lucas Carlsén - CEO and Co-founder of Hedvig

We cover the following news stories:

The pandemic is expected to be more expensive than 9/11 and Hurricane Katrina (04:12)

Car insurers give back to their customers and NHS workers get a free car (14:31)

Staff layoffs in the big apple (23:13)

Elon Musk, the insurance man! (31:08)

Small businesses turn to lawsuits as insurers fail to payout (37:55)

We also bring you an interview with Asaf Lifshitz from Sayata Labs! (47:00)

All that and much more on this week's episode of Insurtech Insider!

The COVID-19 pandemic has created an immediate financial and operational crisis, permanently reshaping the financial services industry. This change must be swift and unavoidable - check out our research report to find out more: Info.11fs.com/covid19

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This episode of Insurtech Insider was produced by Hanna Samuelson and edited by Alex Woodhouse.

Special Guests: Asaf Lifshitz, Lucas Carlsén, Niels Thoné, and Sophie Winwood.

Links:

Insurers face biggest-ever losses, warns Lloyd’s chief | Financial Times

Admiral to give £25 car insurance refunds over coronavirus lockdown | Money | The Guardian

White House-Linked Oscar Health Laying Off 5% of Staff - Bloomberg

Elon Musk the insurer | FT Alphaville

Six insurers face federal class action lawsuits for denying business interruption claims | Insurance Business

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