Archipelago and Advisen’s third annual Property Risk Management Report highlights survey results on the perspectives and challenges of risk managers who oversee large portfolios of insured property in the United States and around the world.
These risk managers are eager to play a more proactive role in the value chain and influence strategic decision-making related to risk, resilience, and mitigation initiatives. They seek greater autonomy to implement risk management strategies based on their unique perspectives and prioritize transparent collaborations that provide data-driven insights to empower them to act. This marks a departure from the traditional approach of solely relying on insurance coverage to transfer risks.
Some key findings include: