“Data is fueling the digital economy. The Internet of Things will be its infrastructure.”
That’s the world that Munich Re, US CEO Anthony Kuczinski wrote about in an article for Carrier Management
last year (CEO Viewpoint: Challenge of Disruption Awakens a Sleeping Giant
), arguing that the increased availability of risk-related data will expand the boundaries of insurability. But the flip side of that is aggregation risk for reinsurers. Carrier Management
Editor Susanne Sclafane asked him about that during an interview at the Property/Casualty Insurance Joint Industry Forum in January 2017.
Related article: CEO Viewpoint: Challenge of Disruption Awakens a Sleeping Giant