New York - Guy Carpenter & Company Inc., a global risk and reinsurance specialist and part of the Marsh & McLennan Cos. has published a report, titled, "Nanotechnology: The Plastics of the 21st Century?," which provides an overview of the emerging science, its potential benefits for the global economy, and associated risks and implications for the insurance industry.A team of technology, environmental and casualty specialty professionals from Guy Carpenter and Dr. Robert Blaunstein, national director of loss control and underwriting manager for American Safety Insurance Co., prepared the report.
Nanotechnology refers to the manipulation of molecules and atoms on a small scale to produce products that exhibit new and/or different properties. Many in the scientific community see nanotechnology as the most significant scientific breakthrough of the 21st century, with the potential to significantly improve existing products, drive innovation and influence people's everyday lives in a number of positive ways.
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