COVID-19 crisis: Insurers to the rescue?

A retired insurance executive sees a huge opportunity for the industry to lead a post-coronavirus economic recovery.

  • By Brian Hartz
  • | 6:00 a.m. April 8, 2020
  • | 0 Free Articles Remaining!
Paul Karon, a 30-year veteran of the insurance industry who now lives on Longboat Key, retired as CEO of Benfield Inc. in 2010. Courtesy photo.
Paul Karon, a 30-year veteran of the insurance industry who now lives on Longboat Key, retired as CEO of Benfield Inc. in 2010. Courtesy photo.
  • Insurance
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Paul Karon, who served for 10 years as CEO of Benfield Inc. — a major reinsurance and risk management firm acquired by Aon in 2008 — sees a silver lining for the insurance industry amid a looming financial catastrophe.

'Insurance companies would really have to step up because they’d be paying way more claims.' Paul Karon, retired insurance industry executive

 

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