Marine insurers are learning a lot from confronting the modern risks that their clients or members face. But they are failing to turn their knowledge into new products to protect their insureds.
So believes Anders Langeland Johannessen, head of special risks for Lockton Marine and managing director of Bergen-based subsidiary Lockton Edge.
Pandemic risk, cyber-crime risk, sanctions and other political risks, and climate risks are among the threats from which owners lack adequate ways to protect themselves.
