From convective storms to flood: The growing impact of secondary insurance perils
While natural catastrophes such as hurricanes and earthquakes grab all the headlines, secondary perils including flood, convective storms and wildfires lurk in the shadows, posing significant threats to businesses and individuals alike.
0.5 minutes read
Published 05/02/2024
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Key Points Covered:
- Defining Secondary Insurance Perils: Discover what constitutes secondary perils and how they differ from primary risks.
- Identifying Secondary Perils: Explore a range of secondary perils commonly encountered.
- Impact on Insurance Coverage: Understand how secondary perils can impact insurance coverage and claims processes.
- Mitigation Strategies: Learn proactive approaches to mitigate the risks posed by secondary perils and safeguard your assets.
- Lessons Learned: Gain valuable insights from real-world examples illustrating the consequences of overlooking secondary perils.
Panelists:
- Tehya Duckworth, SVP/Property Underwriting Manager, Munich Re US
- Joe Bonanno, SVP/E&S Property Underwriting Manager - Northeast and Midwest, Munich Re Specialty Insurance
- Sean Kevelighan, CEO, Insurance Information Institute
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Tehya Duckworth
SVP/Property Underwriting Manager
Joseph Bonanno
SVP/E&S Property Underwriting Manager – Northeast and Midwest
