We’re all in on ILS, because it’s the future: Markel Co-CEO Whitt

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Speaking yesterday to an audience at the InsureTech Connect conference in Las Vegas, Markel Co-CEO Richard Whitt explained that his company is going all in on insurance-linked securities (ILS).

Richard R. Whitt, III, one of the Co-Chief Executive Officer’s of insurance and reinsurance group Markel Corporation, explained that alongside the technological trends the conference is focused on, he sees insurance-linked securities (ILS) as another key development that will shape the future of risk markets.

Technology and insurance-linked securities (ILS) together can reshape risk markets, delivering more effective risk analysis and channelling the most efficient capital to the most appropriate risks more seamlessly and efficiently, something we’ve been banging on about for a number of years now.

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