Policy wording challenges in a fast-changing risk environment
In this IIL reinsurance webinar, Tom Hughes and Michael Allan discuss the changing risk environment, the challenges it creates for policy wordings, the impact of emerging wording trends, as well as how solutions are being developed in this challenging time.
Insurance and reinsurance wordings are coming under unprecedented pressure in today's rapidly changing risk environment. The emergence of new exposures, from AI and other new technologies, as well as the continued development of old exposures such as war and changing climate patterns, has strained familiar wordings, often to breaking point. In this session, the speakers discuss the evolving risk environment and the uncertainty over the suitability of policy wordings, which are interconnected and systemic issues.
Learning objectives:
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The evolving risk environment and some of the challenges which it presents to existing wordings
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How wordings are being adapted and new clauses developed to meet these challenges
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The process for identifying and addressing new wording requirements
Chair: Simon Cooper, Consultant, Global Specialty & Financial Risks team, DWF
Venue
Booking information:
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