AM Best to Host Webinar on the Growing Impact of Secondary Insurance Perils

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a complimentary webinar, titled, “From Convective Storms to Flood: The Growing Impact of Secondary Insurance Perils,” on April 23, 2024, at 2:00 p.m. (EDT).

While natural catastrophes such as hurricanes and earthquakes grab all the headlines, secondary perils including flood, convective storms and wildfires lurk in the shadows, posing significant threats to businesses and individuals alike.

In a one-hour webinar sponsored by Munich Re U.S., an expert panel will unravel the complexities of secondary perils (also known as non-peak perils), exploring their nature, impact, and mitigation strategies. Register now.

Key points to be covered:

• Defining secondary insurance perils: Discover what constitutes secondary perils and how they differ from primary risks.
• Identifying secondary perils: Explore a range of secondary perils commonly encountered.
• 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 U.S.;
• Joe Bonanno, senior vice president/excess and surplus, property underwriting manager - Northeast and Midwest, Munich Re Specialty Insurance; and
• Sean Kevelighan, chief executive officer, Insurance Information Institute.

Attendees can submit questions during registration or by emailing [e-mail]. The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.

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. For more information, visit www.ambest.com.

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