Energy Meets Technology
Technology presents new risks and risk management tools for energy companies.
Technology is having a significant impact on the development and distribution of energy, according to Cathy Duffy, SVP and Underwriting manager at XL in Bermuda. Oil companies are now able to move into areas that they thought had been closed - horizontal drilling, entering hostile areas and going deeper into wells. However, infrastructure has not yet caught up with these advances in technology. Cathy explains more in this video interview with World Risk and Insurance News (WRIN.tv) during the second annual International Risk Management Institute (IRMI) Energy Conference held in Houston, Texas from March 4th through 6th.
About Cathy Duffy:
Cathy is SVP, Underwriting Manager in the Bermuda Insurance Operations. She is responsible for Product Recall and Upstream Energy business. Learn more about Cathy in her Expert Profile.