Playback and Transcript Now Available for AM Best’s Webinar on Secondary Insurance Perils

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FOR IMMEDIATE RELEASE

OLDWICK - MAY 15, 2024 08:31 AM (EDT)
Video playback and a transcript are now available for AM Best’s complimentary webinar, “From Convective Storms to Flood: The Growing Impact of Secondary Insurance Perils,” sponsored by Munich Re. Access them here.

While natural catastrophes such as hurricanes and earthquakes grab the headlines, secondary perils, including floods, convective storms and wildfires, still pose significant threats to businesses and individuals alike. In this one-hour webinar, recorded on April 23, 2024, an expert panel unravels the complexities of secondary perils (also known as non-peak perils), exploring their nature, impact and mitigation strategies.

Key points covered:

• Defining Secondary Insurance Perils: Discover what constitutes secondary perils and how they differ from primary risks.


• Identifying Secondary Perils: Explore a range of commonly encountered secondary perils.


• Impact on Insurance Coverage: Understand how secondary perils can impact insurance coverage and claims processes.


• Mitigation Strategies: Learn proactive approaches to mitigate the risks posed by secondary perils and safeguard your assets.


• Lessons Learned: Gain valuable insights from real-world examples illustrating the consequences of overlooking secondary perils.

Panelists:

• Tehya Duckworth, senior vice president, property underwriting manager, Munich Re US


• Joe Bonanno, senior vice president, E&S property underwriting manager - Northeast and Midwest, Munich Re Specialty Insurance


• Sean Kevelighan, CEO, Insurance Information Institute

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.