Cyber threats, climate-related catastrophes, and disruptive technologies are among the top risks that continue to transform the U.S. insurance industry today. This article examines a few of these critical risks and describes how chief risk officers (CROs) at some of the nation’s largest insurance companies are tackling them head-on.
Nonfinancial risk management is “gaining traction,” said Erwann Michel-Kerjan, leader of McKinsey’s insurance and risk practices in North America.
