Eric Paglieri, head of environmental for North America at AXIS, recently shared his insights on how the environmental risk landscape is changing and the challenges the market is currently facing. Speaking on IBTV’s environmental insurance special, Paglieri highlighted shifting risks, new regulations, and strategies to improve outcomes in this evolving area.
He discussed how environmental risks are no longer limited to obvious pollution events but now include a broader range of factors that insurers must consider. This change is pushing the market to adapt quickly, addressing emerging threats that were once overlooked. Regulations are getting stricter, adding pressure on companies to manage their environmental impact more carefully.
Paglieri also pointed out the difficulties insurers face in balancing risk appetite with customer needs amid these changes. He emphasized the importance of clear communication and collaboration between insurers and insureds to create solutions that protect both parties effectively.
This discussion comes at a time when environmental concerns are more prominent than ever. As regulations shift and risk factors grow, the insurance industry must keep pace to support businesses and communities. Insights like Paglieri’s help shed light on where the industry is headed and what insurers are doing to stay ahead of the curve.
For those interested in how these changes affect other insurance areas, IBTV also offers videos on topics like talent retention, digital transformation, and cyber insurance challenges. These resources provide a fuller picture of the insurance industry’s current environment and future possibilities.