The COVID-19 pandemic will have a lasting impression on all forms of life, annuity, and A&H insurance. Individual and group disability insurance are no exception. Examine how U.S. group and individual disability insurers have been impacted by the pandemic and how they are preparing for an uncertain future.
Oliver Wyman will team up with experts from the insurance industry to discuss insights on the impact of COVID-19 on disability insurance, including results from Oliver Wyman’s 2022 industry survey. Learn about the past, current, and future expected impacts of COVID-19 on:
Claim experience (including mortality, incidence, recovery and SSDI offsets)
Reserving
Scenario testing
Insurer operations (e.g., claims adjudication, recertification)
Sales and persistency
By attending this session, you will be able to:
Understand how disability insurers have been impacted by the pandemic across multiple facets.
Identify where and how U.S. disability insurance carriers are adapting to the new and evolving environment.
Discover how carriers see disability insurance evolving as the COVID-19 pandemic continues.