Deal Talk With 7ma

Our world is in a new normal right now, as everyone is doing their part to help flatten the curve and deal with the COVID-19 pandemic the best way they know how. Besides the grave effects on public health, the crisis is also causing suffering across businesses, economies, and industries. On this episode of Deal Talk with 7MA, Mark Hug from Paradigm Partners International and former Insurance Commissioner for the State of Iowa Nick Gerhart share how the Insurance sector has been affected by the COVID-19 pandemic. They mention how this crisis has highlighted and attracted a growing interest in certain trends that previously existed even before the outbreak, including a variety of trends in technology like AI and wearables. (02:05) Hug and Gerhart further discuss how technology can be used by insurance companies, at a time when the industry is suffering a significant blow. (18:40) In addition, they share different strategies that insurance companies can adopt, such as exploring new lest interest-sensitive produc