Search
 

RIMS Q&A: Rob Schimek, President & CEO of the Americas, AIG Property Casualty

Rob Schimek, President and CEO of the Americas for AIG Property Casualty, talks about the carrier's expansion into Bermudas captive insurance market; the severity of Cyber risk; and AIG's consistently high rating among producers, among other subjects.

By Shawn Moynihan | Updated on April 30, 2014

Rob Schimek, President and CEO of the Americas for AIG Property Casualty, speaks with NU’s Shawn Moynihan about the carrier’s expansion into Bermuda’s captive insurance market; the severity of Cyber risk; and AIG’s consistently high rating among producers, among other subjects.

Q. Cyber risk continues to be one of the greatest exposures for businesses great and small, but even with major retailers like Target, Michaels and Hasbro suffering high-profile attacks it would seem it’s still the cover that everyone needs but still not everyone buys. They’re either still in denial over that risk or willing to take the chance by not being adequately covered. Is there a solution here? Do you see a tipping point at which business owners at both the international and local level finally are forced to share in the realization that we no longer live in a world where these exposures aren’t a deadly threat to business?

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Shawn Moynihan

Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].

More from this author

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.