Is the World Becoming Safer or Riskier?
PIA's Brevik Says It's Both: The National Underwriter recently asked over 30 insurance industry leaders a very broad question: "Is the world becoming a riskier or safer place?" The publication reports that most responses ended up in one camp or the other, with many of the experts saying it's safer and a definite plurality pegging our world as one becoming increasingly risky.
PIA National Executive Vice President & CEO Leonard C. Brevik said it's not an either-or situation. "Risk and safety are not mutually exclusive; they exist together," said Brevik. "As risks rise, we respond by increasing our efforts to counter those risks."
"We're entering an era of more frequent and more severe natural catastrophes, but at the same time new technology is being developed to help people stay safer," Brevik said. "In recent years, new, more effective early-warning systems for tsunamis and tornadoes have been developed that increase alert times. Similar systems for earthquakes are being researched. Social-media sites such as Twitter can serve as another real-time emergency-alert system."
See the responses of the 30 industry leaders here.
Read all of PIA's Brevik's comments: Is the World Becoming Safer or Riskier? (National Underwriter 8/15/11)