The public sector should evaluate the industry's potential, non-risk bearing contributions to pandemic preparedness and abilities of resilience-building through risk assessment and mitigation and claims management, according to the Geneva Association. (Credit: eamesBot/Shutterstock.com) The public sector should evaluate the industry's potential, non-risk bearing contributions to pandemic preparedness and abilities of resilience-building through risk assessment and mitigation and claims management, according to the Geneva Association. (Credit: eamesBot/Shutterstock.com)

Despite pushing boundaries to develop innovative solutions for new and evolving risks, some events are beyond the insurance industry's ability to cover, such as business interruptions caused by pandemics, according to The Geneva Association.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]