Baribeau to Speak at Casualty Actuarial Society’s Annual Meeting

This Tuesday, I will be speaking at the Casualty Actuarial Society’s Annual Meeting on November 10, 2020. During the presentation,” COVID-19: The Good, The Bad and the Ugly,” I will be looking at the insurance risks and opportunities that could result from the coronavirus.

Some of my remarks will be based on articles I have written recently, including:

• Perilous Times: COVID-19 & Commercial Property’s Vexing Variables
• Tipping the Scales: Measuring the Impact of Social Inflation
• Gamechanger: After COVID-19, P&C Insurance Will Not Be Quite the Same
• COVID-19 Reality Check

My main point is that COVID-19 is the ultimate mega disruptor that should challenge the insurance industry to re-think its products and services and their relevance in a post-COVID-19 world. We continue to learn from COVID-19. I expect teleworking will continue on a large scale after the coronavirus becomes history not only for worker convenience but the environmental advantages. That alone raises implications for workers’ compensation, personal auto and homeowners insurance. Telemedicine is also proving to help patients without long waits at the doctor’s office, but there are liability questions to explore that will affect medical malpractice insurance.

I am honored to be part of the CAS’s Annual Meeting and to be presenting with Jim Lynch from the Insurance Information Institute.

There are also a couple of actuaries I want to thank for making this presentation possible. Beverly Phillips, a personal auto actuary, was kind enough to ask me to present. Max Rudolph, an Enterprise Risk Management actuary from the life and health side of the actuarial house, also provided invaluable assistance.