Run Time: 26:47
Markets in Motion: Weather Insurance a Hot Commodity After Rough Winter
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Almost every business, in one way or another, is affected by weather, says Christian Phillips, contingency underwriter for Beazley. And as extreme and unpredictable weather continues to disrupt businesses and bring big losses to the insurance industry, underwriters and the weather technology industry have stepped up their efforts in finding viable products to help mitigate exposures. In this podcast with MyNewMarkets.com, Phillips discusses Beazley's expansion of its Weather Guard product to the U.S. and how the severe winter weather this year is driving demand for weather insurance options.
