"What we hear from insureds is a fear of work fatigue. Employees might be at home, but they are working longer hours and 'always on.' When there is work fatigue is when errors come in," Paul Schiavone of Allianz Global Corporate & Specialty says. (Credit: doidam10/Adobe Stock)

Although the economic outlook is trending up, the financial service industry still faces risks stemming from the pandemic as well as some challenges that existed pre-COVID that were amplified during the past year.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]