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.
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2019 is almost, but not quite, over. It’s been quite a year for AXA XL’s Michele Sansone and her North America Property Insurance team. For the first time in a long time, she and her team are helping clients manage an increasingly firming commercial property insurance market. In the face of increasing
Small Business Owners: IoT is Key to Better Property Risk Management
November 04, 2019
Insurance and risk management are changing.
Thanks to advances in technology, the focus today has shifted more toward preventing losses instead of just paying for them. The Internet of Things and the power of connected sensors has enabled property owners to monitor their buildings 24/7 and manage risks
E-cigarettes have been on our watchlist of emerging risks for the past several years. A recent outbreak of severe pulmonary disease in the U.S., coupled with reports of deaths suspected to be linked to vaping, have given the issue an even greater focus from regulators and policymakers.
In March this