))
Not Every Risk is Insurable
Manage episode 421956645 series 3549224
Indhold leveret af Barry Rabkin. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Barry Rabkin eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
I discuss why cyber risk is not insurable considering 6 factors:
1. Large number of exposure units;
2. Accidental / Random and unintentional loss;
3. Determinable and measurable loss;
4. No (ruinous) catastrophic loss;
6. Economically feasible premium.
If there is only one "NO", then the risk (cyber risk in this case) is not insurable.
My LinkedIn home page is: https://www.linkedin.com/in/barryrabkin/
-----------------------
The first book I wrote about the insurance industry and technology is titled:
"From Stone Tablets to Satellites: The Continual Intimate but Awkward Relationship Between the Insurance Industry and Technology"
It is available on Amazon in several formats: Kindle, Paperback, Hardcover, and Audible.
------------------------------
Please send me topics that you would like me to discuss to my LinkedIn page or by commenting on my WordPress blog about podcasts: https://rabkinsopinions.com/2024/01/09/updated-announcement-a-podcast-series-launched-by-barry-rabkin-in-january-2024/
9 episoder
Del
