sigma 5/2017: Commercial insurance: innovating to expand the scope of insurability
Technological, economic, demographic, societal and geopolitical macro trends are driving deep changes in the business environment. These structural changes create new opportunities, but also new risks. Further, the corporate sector has changed from being dominated by physical assets to deriving more value from intangible ones. These transformations and the associated exposures they give rise to show in the risks that companies are most concerned about. For example, today business interruption is the key corporate risk concern, increasingly linked to cyber and supply chain risks, according to surveys of risk experts across the globe.