Rising to the challenge of social inflation (With Marc Adee)
Welcome to Insurance Covered, the podcast that covers everything insurance. In this 2 part series, Peter is joined by Marc Adee, CEO and Chairman of Crum & Forster to discuss social inflation the causes, challenges and consequences of it and the steps that can be taken to mitigate the challenges.
In part 1 we cover:
- What is meant by the term social inflation
- Why it is primarily as US issue
- The consequences of social inflation for insurers
In part 2 we cover:
- The potential solutions to social inflation
- How AI can have a positive impact on overcoming social inflation
- How social inflation is likely to develop in the future
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