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25 February 2018

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‘Innovation economy’ calls for new insurance playbook: WEF

Laura Board 12 October 2017

A paucity of data about emerging issues means carriers will need alternative information sources in the so-called fourth industrial revolution, according to a World Economic Forum-backed report.

The white paper, entitled "Mitigating Risk in the Innovation Economy", is the upshot of a year-long collaboration between insurers and technology companies. Insurance industry representatives on the steering committee included Lloyd's CEO Inga Beale, Marsh president John Doyle, Willis Towers Watson CEO John Haley and Zurich CEO Mario Greco.

The initiative was based...

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