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Instant Insights / 2021: Insurance trends and issues to watch

After a year as challenging as 2020, insurance professionals and insureds looking at 2021 with a positive outlook. But that doesn’t mean they are resting on their laurels. Now is the time for agents, brokers, and insurers to strategize for the months ahead. These articles provide insights into the insurance and risk management trends to keep top-of-mind this year.

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9. Windstorm Eberhard (Western & Central Europe, March 10-11) Economic Loss: $1.6 billion. Insured Loss: $1.2 billion COVID-19 will continue to dominate the conversation in 2021, but other risks like extreme weather and cyber will also be top of mind for many insureds. (Photo: Bloomberg)

2020 was a tumultuous year that many were happy to see come to an end. However, many of the year’s greatest challenges did not cease with the start of a new year.

Much of what made 2020 so devastating — the global pandemic, record-breaking weather activity, and economic turmoil — impacted insureds directly and may have direct implications on policy shopping trends in 2021.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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