Articles by Lee Shavel

Shavel is president and chief executive officer of Verisk, a data analytics and technology partner to the global insurance industry. He brings nearly 30 years of experience advising and leading publicly traded companies to Verisk.

3 Emerging Risks to Watch: 6G Wireless Technology, Autonomous Trucks, Kratom

It seemed not so long ago that many wireless carriers were in a race to 5G, touting the speed of their networks to consumers. Now, the successor to that network is in development and could bring a bounty of potential …

3 Emerging Risks to Watch: Social Inflation, Electric Trucks, Virtual Currencies

The business environment is constantly evolving, with each new development and innovation offering a unique variety of potential risks and rewards. Broad, systemic challenges may sometimes create unexpected obstacles, while technological transitions and advancements can often create as many hurdles …

3 Emerging Risks: Microplastics, 3D Printing and Heat Pumps

We often take for granted the resources and materials that help us run our businesses and build our homes. Steel, cement, plastic — building blocks such as these have afforded us the flexibility to grow our communities, create new products, …

3 Emerging Risks: Severe Convective Storms, Battery Energy Storage and Drones

There’s something very human about attempting to master nature itself. We live in an uncertain time, however — one in which unpredictable weather patterns make it increasingly difficult to protect our property and communities from severe and destructive storms fueled …

Data Privacy, Human Trafficking Risks on the Rise

The world can at times feel smaller and more connected than ever before. And though there are many tangible benefits to such intermingling of markets, people and products, potential risks nevertheless remain. With greater connectivity comes the increased potential for …

3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety

Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of generative AI adoption. Yet these …

3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety

Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of generative AI adoption. Yet these …

3 Emerging Risks to Watch: Rising Lumber Costs, Solar Flares, Underground Climate Change

The risk landscape is seemingly ever-expanding. While the insurance industry faces the familiar — yet more costly — severe weather activity, there may be new risks emerging below the surface and above the atmosphere. From supply-chain chaos and soaring reconstruction …

3 Emerging Risks to Watch: The Rise of Robotics, Infrastructure Spending, Vehicle Subscriptions

Years ago, it may have been hard to imagine a time when robots could have nine-to-five jobs and handle household chores, drivers could subscribe to luxury vehicle features like heated seats and big infrastructure projects would become common across the …

3 Emerging Risks to Watch: Generative AI, Deceptive Design, Bidirectional EVs

Innovative technologies can be transformational for businesses, industries and our way of life, but they also represent risks. Advances in new areas of tech, such as artificial intelligence (AI), are creating unforeseen threats that insurers must grapple with or risk …