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Emerging Exposures
Emerging Exposures

As exposures evolve and new risks arise, our dedicated team of underwriters, account executives and claims experts share their knowledge in a variety of ways including in-depth articles, blogs and presentations.

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Third-Party Litigation Funding

Third-party litigation funding is fueling a surge in lawsuits across the United States, fueling a $15 billion industry affecting every American household and representing one of the biggest challenges in today’s Casualty market. As similar funding models accelerate litigation abroad, the issue is increasingly becoming a global concern for insurers and corporations alike.

Priced for the Worst – The Market for Lemons and the Retreat from AI Cover [Part 4 of 4]
When insurers cannot distinguish good risks from bad, pricing breaks down. This article examines how information asymmetry is driving AI exclusions, shaping underwriting decisions, and creating demand for dedicated AI insurance solutions. The market is adapting in response.
Frank Schmid
When the Market Fails Together – The Percolation Threshold in AI and Cyber [Part 3 of 4]
Shared dependence creates a tipping point in cyber and AI exposures. Below it, losses remain isolated and diversification works. Above it, a single provider failure can generate losses across much of a book, challenging traditional assumptions of insurability.
Frank Schmid
Risk You Can Price, Uncertainty You Cannot – Knight’s Distinction and the AI and Cyber Tails [Part 2 of 4]
Drawing on Frank Knight’s distinction between risk and uncertainty, this article explores why AI and cyber exposures can be difficult to price. When probabilities cannot be reliably estimated, policy wording, sub-limits, and exclusions become key tools for managing tail risk.
Frank Schmid
Your Providers Are More Connected Than You – The Friendship Paradox in AI and Cyber [Part 1 of 4]
AI and cyber risks can limit diversification. A failure at a shared platform can cause losses across a portfolio, reducing the protection that size normally provides. Examine what the friendship paradox can teach about accumulation risk, shared dependencies, and the limits of diversification.
Frank Schmid

Upcoming Events

Here are some of the upcoming industry events our team is attending in the next few weeks – along with some Gen Re-hosted events. Please stop by and say hello!

Events