As the one-year mark of this seemingly relentless pandemic in the United States has come and gone, business owners and executives are considering the insurance industry’s likely response to this time of economic turmoil. CEO Wynne Nowland penned an article for Financial Executives International (FEI) about how businesses will be seeking pandemic-type insurance in the future. In the article, Wynne explains how it’s doubtful there will be a wholesale change for insurance coverage in this current pandemic, but it’s possible, and even likely, coverage will be offered for this type of loss moving forward. In fact, something similar happened after 9/11 when the government backed insurers in providing separate terrorist coverage for businesses.
Tag: COVID-19
Long Island Press Publishes Feature Article on CEO Wynne Nowland
Long Island Press recently published a Q&A story featuring CEO Wynne Nowland’s point of view on a variety of topics, including her experience transitioning genders, reasons as to why companies aren’t likely to have insurance coverage for the pandemic and how insurance companies have been supporting individuals and businesses amid COVID-19. Read the full article to learn more about Wynne’s personal story and if the insurance industry is expected to offer pandemic-type coverage in the future.
CEO Wynne Nowland Bylines an Article for BOSS Magazine
CEO of Bradley & Parker Wynne Nowland penned an article for BOSS Magazine about how the insurance industry is navigating downward pressures during COVID-19. In the piece, Wynne explains several of these pressures, makes note of how sales teams have had to be resilient in their shift to virtual meetings and presentations to win new business, and provides an outlook on what the future may hold for the industry.
As Wynne explains, “For now, it is important that the insurance industry focuses on navigating through these downward pressures to keep their business stable and healthy. Equally important, if not more so, is ensuring customers can remain stable as well. After all, their success and survival are paramount to the success and survival of the insurance industry.”
You can read the full article here and engage with our social media content via the links below.
CEO Wynne Nowland Quoted in The Wall Street Journal
We’re proud to share that The Wall Street Journal quoted Wynne Nowland, CEO of Bradley & Parker, in an article about how business travel won’t be taking off soon amid COVID-19 – and why some CEOs say that may not be such a bad thing. Alongside executives from companies like Upwork, Remington Hotels, International Flavors & Fragrances and Kimberly Clark, Wynne shares a silver lining to remote work: better sales.
Wynne notes that with the added ability to control the flow of new business presentations via Zoom, it’s actually easier to make connections with prospective customers. Although there may be a need for some face-to-face meetings down the road, we have found working from home to be considerably more efficient and don’t expect company travel to return to its previous 95% capacity anytime soon.
Visit the following link to read the full article: https://bit.ly/WynneNowland.