Insurers challenged to shift focus from risk transfer to mitigation
What does the world look like if those responsible for risk transfer work proactively to reduce the very risks they offer protection against? This was one of the trains of thought to emerge during an interactive CEO Roundtable discussion hosted by the Insurance Institute of Gauteng (IIG) and iTOO Special Risks recently. Having already covered the thought-provoking, scene-setting address in ‘Insurance CEOs challenged to re-think their risk opportunity mindsets’, FAnews felt it worth unpacking some of the insights the event generated.