Blog: Dealing with a hardening market - risk management and loss control during and post Covid-19
With the current insurance market hardening at a rate not seen in over a decade, Risk Solved non-executive Richard Thomas argues those firms that drive improved risk profiling and begin to fully appreciate the quality of the risks within their portfolio will gain a market advantage.
The insurance value chain is designed to link capital with risk. Insurers, brokers, reinsurers and others aid the flow of this capital but over time, data gaps have emerged and so have inconsistencies
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