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Bret Ahnell is the Executive Vice President of Staff Operations at FM Global. He can be reached at [email protected]
The impending hurricane season is expected to be very active. Risk managers already busy fighting COVID-19 will have to redouble their efforts.
Shutting down production for even a few hours for maintenance can have a tremendous impact on profits, which is why predictive analytics can help catch a potential problem before it arises.
The new U.S. tax laws limit the percentage of a loss that insurers can write down for tax purposes. That’s one of four key factors that is leading to a hard market for commercial property insurance.