COVID-19, The Economy, The P&C Industry, and Tech Spending
31 March 2020
This webinar examines the links among three sectors impacted by COVID-19 :
- The US economy
- Directional financial results of the US Property & Casualty industry
- And spending on technology initiatives that are underway now, and that have yet to receive approval.
The webinar concludes that time is of the essence. In particular, if material progress can be made in Q2 on containing COVID-19 and restoring economic activity, then the outlook for P&C technology spending in the US in Q3 and Q4 2020 and into 2021 is reasonably positive. That said, other outcomes are certainly possible.