"Waiting is no longer an option," McGavick tells risk managers
Insurers must "change their mindset" if they are to remain relevant in a changing world, XL chief executive Mike McGavick, pictured, told risk managers in Germany yesterday.
Speaking at the annual Deutscher Versicherungs-Schutzverband commercial insurance symposium, McGavick urged risk managers and insurers to adapt quickly or risk becoming obsolete.
"Today the world is
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