Emerging Risks for Insurers


Emerging Risks for Insurers

Most insurance experts agree that they see cyber as the most critical emerging risk for the insurance industry. We have discussed cyber insurance and cyber threats many times on our blog. However, there are many emerging risks that insurance professionals should know.

Playground Risk

There is a new movement to bring risk back into parks and playgrounds. Risky children’s playgrounds, with features like steep drops, have been gaining popularity in Europe and are coming to the U.S. Proponents of risky playgrounds claim that “purposeful risky play promotes resilience and builds more self-reliant young people.” Public playgrounds are being designed to present that risk actively. A park in a Boston neighborhood, for example, includes high concrete piers that children walk across to experience moving along uneven surfaces, plus an elevated tree house and a steep, long slide.

Electric Scooters

Electric scooters are popping up in cities across the country. Users pay through an app and do not have to return the scooters to a specific location. Many city dwellers are frustrated that scooters are often abandoned on sidewalks and in doorways. The trend is growing, but so are injuries. Pedestrians injured by scooters on the street are often out of luck because there is no insurance company to fall back on.

Delivery Drivers

Do have coffee or breakfast delivered to your office in the morning? You could be contributing to the plight of delivery drivers. It can be argued that the rising demand for fast and free home and work delivery of retail goods needs monitoring. Purchasers are expecting faster deliveries and more accurate delivery times but are not willing to pay the price, which is bound to impact delivery driving. Probably most relevant to insurance experts is the link between business driving and increased musculoskeletal disorders rates.

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Melinda Martin

Account Executive

Melinda began her insurance career in 1985 with Alexander & Alexander where she received her Property & Casualty and Life & Health license. Since then she has worked at various agencies in the New Orleans area and in California as a senior account manager for Employee Benefit Plans.  While in California, she was also the Membership Director for the Burbank Chamber of Commerce. Melinda joined the AWS team in July of 2015.

Michael A. Seeling

Vice President

Graduated from the University of Louisiana at Lafayette with a B.A. in Insurance Risk Management and is a graduate of Archbishop Rummel High School in New Orleans. He joined AWS in October of 2008 and has been awarded the Patient Protection and Affordable Care Act Certification (PPACA). Additionally, he is working towards his Certified Insurance Counselor (CIC), Registered Health Underwriter (RHU), and Registered Employee Benefits Consultant (REBC) designations. He is also a member of the National Association of Health Underwriters (NAHU), National Association of Insurance Financial Advisors (NAIFA), and is an active member of the Fore!Kids foundation.

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