Social inflation and third-party liability risks – how should risk managers strategize?

Social inflation and third-party liability risks – how should risk managers strategize?


“To manage their exposure, insurers are adopting more conservative strategies, including higher attachment points or stricter risk selection criteria, and, in some cases, are completely exiting high-risk sectors, such as trucking, certain types of healthcare, construction, or hospitality,” Gaffigan said.



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