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Aon President Eric Andersen recently spoke at the CFC Summit in Chicago, where he discussed trends in the property insurance market and opportunities to help clients address their biggest risks. According to Andersen, “The insurance sector must invest in new technologies and capabilities to help buyers and capital providers better understand climate risks and develop new products and services.”

Read additional insights from Andersen about the state of the insurance industry in Business Insurance.

For more about climate risk, check out his testimony before the U.S. Senate Budget Committee to discuss the role insurance can play in mitigating climate risk.