This week on The Best Policy, we speak to Dan Glaser - the President and CEO of Marsh & McLennan Companies.
In the first episode of a special three-part interview, we look at the industry’s reputation following the criticism of some insurers and a number of legal actions relating to BI exposures.
We explore how intermediaries balance the interests of clients pursuing coverage under BI policies and the need to preserve the viability of their insurer partners. We also discuss whether there is a danger that intermediaries will also become embroiled into the Covid-19 legal actions.
Ultimately, the MMC CEO explains why private market pandemic solutions have struggled and whether he welcomes the UK regulator FCA’s move to fast track BI disputes to the courts.
Listen to the first episode as Dan Glaser answers these questions in an interesting and thought-provoking discussion. The second and third parts will be published later this week.