Between market volatility, inflation, cyberthreats, and severe weather, the world can feel a little unsteady – even, or especially, in insurance. Whether you’re a leader at an insurance company or at a company that self-insures, you’ve likely witnessed how these factors, and others, have affected both your overall business model and your day-to-day operations. But when you’re faced with an unexpected threat, like a cyberattack that causes significant exposure or a large storm that causes substantial amounts of property damage, how do you protect your business – and plan for what’s next? With decades of actuarial experience and a pragmatic point of view, our team is here to help.
In this webinar, John Ferrara, advisory managing director, and James Miller, actuarial manager, cover two of the biggest threats in the insurance industry: cyberattacks and property damage. They discuss what they’re seeing in the market, how companies are managing risk, and what organizations can do to recover from a major event – and to mitigate risk before the next one hits.
After watching this session, you should be able to:
- Discuss the challenges and opportunities in the insurance market
- Identify cybersecurity threats and create a plan to mitigate exposure in your organization
- Describe the current climate in property insurance and apply takeaways to your organization
