Cargo insurers can expect to face a large exposure value after the recent tanker attacks in the Gulf of Oman.
Launch of Connected Risk at Lloyd's - The Report
29 August 2017 | Newsletter
Experts from the worlds of insurance, government and international media all attended the exclusive event.
Connected Risk is defined as the systemic exposure of commercial organisations, their partners, suppliers and clients to cumulative and cascading financial, operational and reputational vulnerabilities.
It is the belief of Russell Group, that through a Connected Risk score, which would measure and benchmark a company’s risk profile, underwriters would be able to understand an organisation’s total risk profile and know the effect on portfolio exposure and capital utilisation prior to commitment. Therefore, enabling them to deliver optimum capital utilisation and maximum portfolio return on equity.
Due to industry demand, Russell Group has published a full report of the event and a podcast interview with Russell Group CEO, Suki Basi.