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Impact of COVID-19 on Healthcare Provider and Health, P&C and L&A Insurance Sectors

Market Analysis

by Sven Lohse

published on Apr 02, 2020

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

NelsonHall’s analysis of the Impact of COVID-19 on Impact of COVID-19 on Healthcare Provider and Health, P&C and L&A Insurance Sectors consists of 10-pages. The report focuses on the impact of COVID-19 on Impact of COVID-19 on Healthcare Provider and Health, P&C and L&A Insurance Sectors globally.

Who is this Report for:

NelsonHall’s “Impact of COVID-19 on the Healthcare Provider and Health, P&C and L&A Insurance Sectors” report is a summary of the likely impacts of the crisis on four verticals for:

  • Vendor marketing, sales and business managers wishing to understand the impact of COVID-19 on enterprise financials and digital IT and operations transformation and BPS activity
  • Enterprises interested in understanding the impact of COVID-19 on their peers
  • Financial analysts and investors specializing in the services sector, looking to understand the impact of COVID-19 on IT and BPS services.

Scope of this Report:

The analysis for each vertical is broken down in the following categories:

  • Impact on Growth
  • Actions Being Taken on Growth
  • Budget Implications
  • Operational Impact
  • Immediate Impact on BPO Market.

Key Findings & Highlights:

Across these verticals we expect that the COVID-19 crisis will likely:

  • Place immediate strain on healthcare provider enterprises, with second-order effects on healthcare payer, P&C and L&A enterprises
  • Accelerate market acceptance of – and investment in – agile digital transformation
  • Accelerate the decline of dated functions such as paper-printing and mailroom capabilities
  • Reemphasize the need for insurance carriers to rely on operational / underwriting income rather than investment income
  • Modify expectations about how people work and collaborate, with wide-spread acceptance of work-from-home arrangements and accelerated spending on IT that supports these changes
  • Shift demands for BPO services as discussed below.

Table of contents:

Table of contents:

  • Summary
  • Cross-Industry Impacts on Buyers & Vendors of BPO
  • Impact on Healthcare Provider Sector
  • Impact on Healthcare Payer Sector
  • Impact on Property & Casualty Insurance Sector
  • Impact on Life & Annuities Sector

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