Thomas Anderson, head of sales, U.S., for AdvantageGo, said: Thomas Anderson, head of sales, U.S. for AdvantageGo, said: "I would say in five years, we will probably look back at this conversation and laugh at saying: 'Wow, we've gone so far.' We are at the starting line, and now we have to put the pedal to the metal." (Credit: Wright Studio/Shutterstock.com)

Despite running their portfolios through risk scenarios and looking at maximum loss potential, some in the industry were caught off guard by how deeply systemic risk ran through their organizations during 2020, said panelists at a Reuters' Future of Insurance event.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Steve Hallo

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