Insurance companies have an opportunity to join together to innovate and find new solutions. (Photo: Shutterstock)
The COVID-19 pandemic has tested businesses and industries across the world in ways never before seen. The insurance community, an industry that was built upon the principle of helping citizens and businesses in vulnerable times, is facing a new suite of challenges. From idle businesses hit by COVID-19, and now hurricanes and wildfires, to the increased cyberhacking happening across the globe, the insurance industry must adapt to meet customers' needs.
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