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.
Property Perspective: Keeping Equipment Up and Running
February 10, 2020
The #1 priority for many businesses is delivering high quality products to their customers on time. And they don’t want anything – including the breakdown of equipment – to stand in their way. AXA XL’s Head of Equipment Breakdown insurance, Brian Strain, and Tom Gallagher, AXA XL’s Equipment Breakdown
With experience analyzing, advising on and underwriting mergers, acquisitions and other corporate transactions, Michael McGowan has seen up close how deals can drive value for a variety of stakeholders. He has also observed risks that can derail deals and erode value. In this Let’s Talk Q&A, he discusses
Property losses from catastrophes are getting worse
January 15, 2020
Carriers who take an integrated and transparent approach are best equipped to help clients proactively mitigate growing property exposures.
Increasing intensity of natural disasters and more unpredictable weather has made managing property exposures more challenging than ever.
Climate scientists say