McDermott is a silver sponsor of (Re)Connect, produced by Insurance Insider in partnership with Lloyd’s. It is a five-day virtual event bringing the insurance industry together and showcasing an unprecedented line-up of high-profile speakers to put collective expertise behind solving some of the challenges brought about by the Covid-19 crisis. McDermott Partners Tom Dawson and John Finston are speakers at (Re)Connect.

Tom spoke on the live interactive panel “Pandemic Insurance Backstop Proposals: Status and Outlook.” The discussion included:

• Brief recap of extant backstop proposals and status of each
• High-level comparison of cat event backstops with pandemic backstop proposals – can a one size approach fit all?
• Advisability of multi-peril panels
• Complete government funding or some combination of public/private funding?
• Pre-event funding or post-event?
• Necessity and advisability of pre-event preparations and funding

Watch the panel discussion.