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Verisk's Shavel: Businesses Should Adopt a Broader View of Risk

Lee Shavel, president and CEO, Verisk, said a broader view of risk includes weather and other social, political and geopolitical risks. Shavel spoke with AM Best TV at the Verisk Insurance Conference in Scottsdale, Arizona.

April 12, 2023

View full Best's Event Coverage of the 2023 Verisk Insurance Conference

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  • Conference Presenters: Data Is the Key to Addressing Tomorrow’s Risks

  • Westfield's Sheridan: Reinsurance Must Account for Modeled and Non-Modeled Perils

  • American Integrity's Radeloff: Inflation, Post-Pandemic Nesting Driving Up Home Valuations

  • Panel: AI Is Helping to Reveal Correlation Between Hazards

  • Verisk's Piotrowski: Data Governance and Compliance Are Elements in Every Decision

  • Verisk's Perfetto: Electric Vehicles Present New Risks, Exposures

  • BMS Group's Siffert: Every Insurance Company Is a Weather Company

  • Auto Panel: Telematics-based Transactions Up 35% in Past 12 Months

  • Verisk's Natarajan: Automation Shifts Insurers' Focus from Routine to Strategic

  • Climate Panel: Insurers Should Brace for Eastern US, Coastal Storms

  • Hippo's Pinkovezky: AI Is a Force Multiplier Leveling the Insurance Playing Field

  • Verisk Maplecroft's Whiteacre: Civil Unrest Risk Can Be Modeled, Better Covered

  • Panel: Getting Full Return on Technology Requires 'Upskilling' Staffs

  • Liberty Mutual's Quinn: Personal Lines Insurers Must Keep an Eye on Profitability

  • Fairness Panel: Insurers' Use of Data Can Have Unintended Consequences

  • Panel: Updating Building Codes Will Buffer Communities' Storm Risk, Economic Impact

  • Panel: Wildfire Risk Is Here to Stay, but Can be Mitigated

  • Verisk's Gesick: Economic Maps, Trade Relationships Help Identify Non-Traditional Risks

  • Verisk's Ramanathan: 2022's Large Losses Were No Aberration

  • Duck Creek’s Yohn: The Future of Insurance Data Is Collaborative

  • Verisk's Shavel: Businesses Should Adopt a Broader View of Risk

  • Verisk's Churney: Exposure Growth Makes 'Secondary Perils' a Misnomer

  • Verisk's Karakashian: Managing Global Exposures Requires Granular Data

  • Verisk's Hopkinson & Wright: Inflation Just One Element in Rising Claims Costs

  • Verisk’s Newbold: Upcoming Conference Will Highlight Global Resilience