“Emerging Risks for the Risk Manager” Presentation at the: State Risk and Insurance Management Association Conference 2011 Lance J. Ewing ARM, CRM, ERMP Vice President – Chartis . 16%. DISCLAIMER.
Presentation at the:
State Risk and Insurance Management Association Conference 2011
Lance J. Ewing ARM, CRM, ERMP
Vice President – Chartis
DISCUSSION ONLY-NOT FOR DISTRIBUTION
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Emerging risks are developing or changing risks which are difficult to quantify but may have a major impact to the public entity.
Identifying an emerging risk is critical to the long term success and financial viability of any State or governmental entity.
Working with brokers and insurance carriers, risk managers can be better informed of emerging risks.
CAT Models are a major component for predictability but no model is perfect…Underwriting is still key.
But the approach requires a high degree of qualitative judgment from a variety of subject matter experts (internal and external) to prepare your organization.
Chartis is a world leading property-casualty and general insurance organization serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.
Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at www.chartisinsurance.com.