A public/private partnership similar to crop insurance or TRIPRA is needed to manage pandemic risk, said Paul Horgan, head of U.S. National Accounts, Zurich North America.
The biggest challenge facing insurers today is the need for the industry to come together to collaborate and find solutions for emerging risks, said Chris Sparro, CEO North America, Sompo International Commercial P&C Insurance.
The management liability market has been in flux in recent years, facing pressures including increased claims, social inflation and hardening rates, said Mark Paccione, Head of Commercial Management Solutions for AXIS Insurance.
