Tuesday, January 10, 2012

Two KEY Insurance challenges for Finance in 2012......

1.      Property and Supply Chain exposures.
2.      Contractual Liability Obligations
Catastrophic  losses – especially overseas - have exacerbated the Property and Reinsurance market resulting in a rapidly hardening rates  and  reduced capacity.
Coverage gaps  in General Liability policies  resulting  in uncovered claims can lead to millions of dollars in litigation payouts or settlement.