Triple-I CEO on Podcast: We’re All Risk Managers

Economic turbulence, political unrest, climate catastrophes, and the aftermath of a global pandemic are just a few of the forces demanding that everyone -- homeowners, consumers, businesses, and policymakers, as well as risk-management professionals -- take responsibility for understanding and reducing the perils facing all of us, Triple-I CEO Sean Kevelighan said in a recent episode of the Predict & Prevent podcast.

‘We’re simply living more and more in harm’s way,’ Kevelighan told Peter Miller, president and CEO of The Institutes and host of the podcast, which explores how innovators are combating some of the biggest risk challenges facing society by working to eliminate losses before they occur. ‘We’re a riskier society in terms of our behavior, and this is placing pressure on the traditional risk-transfer tool that is insurance.’

‘Even before we got into COVID, severity in catastrophes, both natural and manmade, had been increasing,’ Kevelighan said. The two CEOs discussed this growth in severity and what it means for insurers and the policyholders they protect.