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London Market ‘will never go back to how it was’ following Covid-19 pandemic

By 2020-08-17T06:37:00

London market

DAC Beachcroft partner says the key for future success will lie in marrying the market’s personal relationships with the use of technology

The London Market “will never go back to how it was” prior to the Covid-19 pandemic, however the industry will need to be conscious of how to marry the sector’s foundation of personal relationships with the technology that is now making remote working commonplace, said DAC Beachcroft partner Toby Vallance.

Vallance told Insurance Times that although technology has physically enabled the practice of remote working, the reason it has flourished and been successful during the national lockdown is because it is “based on pre-existing relationships, which were established when we could all meet face-to-face”.

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