Filed Under:Markets, E&S/Specialty

New Risks Mean New Opportunities For Specialty Insurers, Execs Say

There’s a silver lining in every cloud, and for specialty insurers there’s opportunity present behind every emerging risk, two carrier executives say.

Stanley Galanski, president and CEO of Navigators Group, and Mario Vitale, president of Aspen U.S. Insurance, revealed insurance solutions that their companies are working on to respond to emerging risks of pharmaceutical recalls, environmental-regulation changes and supply-chain disruptions.

SOLUTIONS TO SUPPLY

Vitale, the former CEO, Global Corporate, Zurich Financial Services, and former CEO Willis North America, says that over the course of his 30-plus years in the industry, he’s seen workplace management, automobile safety and construction design improve to make these aspects of the world less risky.

WORLDWIDE EXPOSURES

Galanski notes that globalization also creates new and emerging risks.

Featured Video

Most Recent Videos

Video Library ››

Top Story

Baby, it’s cold outside! Here are 6 tips for staying safe in sub-zero temperatures

Extreme temperatures bring risks to people and property. Make sure you are taking care of yourself and your surroundings.

Top Story

5 ways insurance agencies can improve their websites

The way people use the Internet has changed over the past few years. Has your website changed with it?

More Resources

Comments

eNewsletter Sign Up

Specialty Markets Insight eNewsletter

Receive updates and analyses on hard to place and challenging coverages. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.