by Christine Barlow

From the April 2016 issue of Claims Magazine

 One of the more fascinating aspects of insurance, especially now, involves emerging risks. These are often new technologies that bring with them great advancements but also new hazards that have not been contemplated, handled or previously rated. One of the bigger challenges with emerging risks is keeping up with the changes; new aspects arise rapidly, legislation develops and changes almost immediately, and new problems arise before anyone can really get a handle on the situation.