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In today's rapidly changing global landscape, businesses are increasingly exposed to political risks that can impact their existing or planned investments. These risks are further amplified by state-led economic policies, unpredictable conflicts, and the 2024 election year, which will see over 60 countries going to the polls. To successfully naviga…
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As the world continues to face multiple and interconnected crises, organizations are being challenged to revisit their resiliency plans and ensure that these will respond effectively to today’s emerging and evolving risks. And considering the fast-changing nature of today’s challenges, resiliency plans need to be risk-agnostic, allowing organizatio…
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Emerging technology is revolutionizing the aviation industry but also introducing new risks, underscoring the importance that these are carefully considered, tested, and properly trained on, especially when being introduced into such a safety-critical environment. Marsh’s Andy James, Kinga Kolasa-Sokolowska, and Greg Wyght and Oliver Wyman’s Rory H…
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Gender diversity is critical in fostering innovation, bringing together different perspectives, and creating a more inclusive work environment. When individuals feel comfortable sharing their ideas, being vulnerable, and speaking their truth, organizations — including those in the risk and insurance industry — can avoid groupthink and improve decis…
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Economic uncertainty and financial challenges have contributed to shifts in the transactional market, with merger and acquisition activity across the globe slowing down in 2023 from the highs seen earlier in the decade. However, demand for transactional risk insurance has remained high as both buyers and sellers recognize the benefits of purchasing…
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Interest in setting up a captive insurance vehicle has increased in recent years. And while traditionally mainly larger organizations were the ones setting up captives, now many smaller organizations are reaping the benefits of such a risk retention entity. In this episode of Risk in Context, Marsh’s Ellen Charnley and Mike Serricchio discuss the v…
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Interconnected and multilayered risks are contributing to a pessimistic global outlook for 2024 and beyond, according to this year’s Global Risks Report. Despite the stormy and turbulent short- and long-term outlook, risk managers can take action to mitigate and manage the risks their organizations face. In this episode of Risk in Context, Marsh Mc…
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In today heightened risk environment, more organizations are recognizing the importance of restructuring in order to enhance their competitiveness. But any process missteps could expose senior leaders to potential litigation, underscoring the importance of a robust directors and officers liability (D&O) insurance program. In this episode of Risk In…
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Global concerns about the impact of climate change took center stage during the United Nations’ Climate Change Conference, COP28, where government leaders from nearly 200 countries reached an unprecedented deal to start transitioning away from fossil fuels. In this episode of Risk in Context, Marsh’s Amy Barnes, Nick Faull, and Scott Williams, and …
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Growing demand for clean energy is leading to a significant increase in interest and investment in renewable energy initiatives, with US$358 billion invested worldwide in renewable energy projects in the first half of 2023. In the United States, the Inflation Reduction Act is driving substantial economic investment through tax incentives that aim t…
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Many cities around the world are experiencing significant changes, in part due to transformative technologies, the evolving nature of work, and shifting requirements. These are bringing new risks and also opportunities for real estate owners and developers, and demanding more purposeful urban planning and action to develop buildings that suit the l…
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Stretched supply chains, changing consumer preferences, and a shift to online retail are putting increased pressure on marine, cargo, and logistics companies, which are integral in the delivery of items from their point of origin to end customers, especially during the busiest shopping times of the year. In this episode of Risk in Context, Marsh’s …
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The automotive industry is going through a major transformation, with manufacturers focusing on the electrification of vehicles and autonomy. And while these major automotive advances will bring a range of opportunities, they will also create new risks. In this episode of Risk in Context, Marsh’s Trevor Smith, David Carlson, and Didem Canturk, and …
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The construction industry is evolving at a fast pace, with several organizations using innovative technology, pioneering methods, and new materials to respond to a variety of challenges. Marsh’s Richard Gurney and Avi Khanna and Cheri Hanes, from AXA XL, discuss how groundbreaking technologies can help construction sites become safer and more effic…
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The COVID-19 pandemic triggered major workplace transformations. Although the pandemic is over, many organizations have introduced hybrid work practices. And while this allows for more work-life balance, it has also introduced new risks for employers, ranging from at-home ergonomic injuries with potential compensability challenges to learning gaps …
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Embedded insurance — coverage that is tagged on to the purchase of a non-insurance product or service — is increasingly a key component of what we all subscribe to, lease, share, or buy. But embedded insurance programs provide benefits that go well beyond a warranty. Marsh’s Rami Soysa and Oliver Wyman’s Tim O’Connor discuss how embedded insurance …
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Catastrophic wildfires and bushfires have impacted people and businesses in many parts of the world, leading to loss of life, evacuations, and damage or destruction to properties and infrastructure. In this episode of Risk in Context, Marsh’s Catherine Osborne, Fernando Lopes Chaves, and Maggie Carlin, as well as Guy Carpenter’s Mark Hope discuss t…
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Market volatility and a difficult financing environment have contributed to a slowdown in global merger and acquisition (M&A) activity, following a very busy 2021. But with appetite for merger and acquisition (M&A) activity expected to increase through the rest of the year, buyers should focus on employing comprehensive risk management strategies t…
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Despite efforts by many organizations to address diversity, equity, and inclusion — or DE&I — issues, gaps and challenges remain. Marsh’s Santonio Isom talks with Julie Minor, also from Marsh, Tara Lessard Webb, from Intact Insurance Specialty Solutions, and Robert Cartwright Jr., from Bridgestone Retail Operations, on the recent advances in DE&I, …
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The aviation industry has, for some time, been grappling with significant workforce shortages, including pilots and mechanics. Aside from the potential impacts on both business and personal travel, this shortage of human capital can also disrupt global supply chains, and make disaster response and recovery efforts more challenging. Marsh’s Andy Jam…
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Calls for companies to provide climate-related financial disclosure are growing, with regulators, investors, insurers, and others increasingly looking for robust climate self-reporting. Marsh’s Dr. Bev Adams and Randal Waters discuss the evolving nature of climate risk and how the information generated for disclosure can help businesses understand …
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Tropical storms — whether hurricanes, typhoons, or cyclones — can bring significant destruction as affected regions are hit by heavy rain, strong winds, or extreme flooding. Marsh colleagues discuss the actions that business leaders should be taking to prepare for storms, practices that should be put in place to aid recovery, and how companies can …
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Marsh’s Dan Aronson, Chetna Gulati-Kapoor, Bill Liebler, and Mike Snyder discuss what is leading to increased frequency and severity of nuclear verdicts, the issues contributing to social inflation, and the challenges they can pose to organizations in the US and beyond. They also share actions that organizations can take to mitigate and manage thei…
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Marsh’s Diana Accordi, Corinne Boeri, Elvira Lacalle Bertand, and George Scaglia, multinational advisory leaders in different countries, discuss the trend of organizations moving away from global programs and instead opting to purchase the needed insurance in a specific country or region. They also talk about the potential risks of moving away from…
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Marsh’s Funké Adeosun and Mike Kolodner, Thi Lee, from Pine Gate Renewables, Lorena Torres, from Clearway Energy, and Joe Meaney, from AES Corporation, discuss challenges that renewable energy companies are facing as they seek to fulfill lenders’ insurability requirements and the increasingly important role that risk managers play in helping compan…
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Brian Warszona, Marsh’s UK Cyber Deputy Practice Leader, Rachel Lavender, Marsh’s Southeast Zone Cyber Practice Leader, Philippe Cotelle, who sits on the board of the Federation of European Risk Management Associations, and Jamil Farshchi, Chief Information Security Officer at Equifax, discuss three common cyber insurance myths. You can access a tr…
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Marsh’s Craig Schioppo, Craig Warnke, Hans Swolin, Leo Flindall, Kane Sim, and Haoren Fu discuss the growing transactional risk insurance market and trends seen in different regions, and they share advice on how to manage transactional risks in 2023 and beyond. You can access a transcript of the episode here. Download the Transactional risk insuran…
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Marsh’s Tom Quigley, Larry Liu, Jackie Quintal, Jaymin Kim, and Sam Tiltman discuss the challenges and opportunities that technology companies are facing and how they are adapting to continue growing, including through investments in digital assets, the metaverse, and autonomous mobility. You can access a transcript of this episode here. Download t…
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In this bonus episode of Risk in Context, Reid Sawyer, head of Marsh’s Emerging Risks Group and US cyber risk consulting leader, discusses the findings from the Global Risks Report with Robin A. Kemper, a senior risk engineer with Zurich Resilience Solutions, during Zurich’s Future of Risk podcast, moderated by David Hilgen. You can access a transc…
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Marsh’s Kerri Petri, Bryan Berkman, Stephanie Manson, and Matt McLellan discuss trends in the directors and officers liability (D&O) insurance market and emerging risks that organizations need to aware of. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Tw…
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This year’s Global Risks Report — prepared by the World Economic Forum with the support of Marsh McLennan and others — has highlighted the likely increase of polycrises as interacting risk events compound each other. Carolina Klint, Marsh’s risk management leader for Europe, Richard Smith-Bingham, executive director of Marsh McLennan Advantage, Amy…
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Marsh’s Ellen Charnley and Lorraine Stack discuss the role that captives can play in supporting organizations’ environmental, social, and governance goals and how they can be a critical component of a business’s overall risk transfer plan. You can access a transcript of this episode here. Download Marsh’s ESG: Captive Solutions Guide. For more insi…
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Marsh’s Alex Ackermann and Mercer’s Jeff Chernosky discuss the importance of focusing on people risks during an M&A transaction, allowing for effective integration at deal close. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com.…
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Marsh’s Amy Barnes, Shivan Hutton, and Scott Williams discuss the main learnings from COP27 and the actions that risk professionals, boards, and C-level executives should be considering in the journey to mitigate the impacts of climate change. You can access a transcript of this episode here. For more insights and insurance and risk management solu…
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With the 2022 FIFA World Cup underway, Marsh’s Warren Harper, Richard Tolley, and Edel Ryan and John Copenhaver, from the Contingency Management Group, discuss the state of the ever-evolving sports, events, and entertainment industry, and outline the risks that organizations should focus on addressing. You can access a transcript of this episode he…
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Floods are among the most deadly and devastating natural disasters worldwide. Daniel Kaniewski, Dr. Bev Adams, Melissa Leuck, and Swenja Surminski discuss the impact that flooding has on organizations and societies and the actions that businesses can take to address this risk. You can access a transcript of this episode here. For more insights and …
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Marsh's Alexandra Tanner, Ashley Parsa, Marnix Terpstra, and Pin Li Lim share insights into mergers and acquisitions claims trends across different regions and discuss how a more collaborative claims process can increase the odds for success. You can access a transcript of this episode here. Download the Transactional Risk Global Claims Report 2022…
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Kelly Thoerig, Marsh’s EPL coverage leader, speaks with Michelle Sequeira, diversity, equity, and inclusion consulting leader at Mercer, and Carrie Kurzon, head of EPL product at AIG, about the evolution of the #MeToo movement, the ensuing cultural changes in workplaces, and the impact of the COVID-19 pandemic on the claims landscape. You can acces…
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Marsh’s Maurits Quarles van Ufford, Marcus Baker, Catherine Cyphus, and Nicholas Martin discuss the ongoing global food crisis, talk about the way it is affecting the world, and outline some of the actions being taken to minimize risk. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, f…
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Marsh’s John Frazee, Randal Waters, Matthew Yeshin, and Richard Geiger discuss persisting supply chain challenges, disruptions in the shipping environment, and how shipping companies can improve their environmental, social, and governance (ESG) posture. You can access a transcript of this episode here. For more insights and insurance and risk manag…
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Marsh’s Allison Pan talks with other specialists, including Microsoft’s Jim DeMarco, about the pervasive nature of cyber risk and why organizations need to focus on strengthening their cyber resilience and make strategic decisions on managing their cyber risk. You can access a transcript of this episode here. You can also download The State of Cybe…
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Marsh’s Michael Rouse, Clarissa Franks, Tim Ramsayer, and Raj Lakhani talk about underinsurance risks as countries around the world are impacted by high rates of inflation that could affect insured values for properties and their contents. You can access a transcript of this episode here. For more insights and insurance and risk management solution…
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Marsh’s James White, Suzanne Jones, and Scott Brady discuss the significant risks and potential insurance challenges that companies should keep in mind and also prepare for ahead of a merger or acquisition. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and T…
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Companies around the world have been affected by strained supply chains, which rely heavily on efficient transportation and logistics processes. Marsh’s Janelle Griffith and Craig Dancer discuss how challenges in the fast-evolving transportation and logistics industries can have ripple effects on the entire supply chain. You can access a transcript…
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As the world becomes more connected, companies are increasingly operating in different countries and regions. And risk managers are seeking risk management strategies and insurance programs to mitigate their evolving risks. Marsh’s David Rahr, Praveen Sharma, Diana Accordi, and Ana Flavia Oliveira discuss the major challenges that multinational com…
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From the skyrocketing price of steel, lumber, and fuel to the significantly increased cost of skilled labor, the construction industry has been hit hard by the current inflationary environment. Marsh’s Richard Gurney, Kelly Outram, and Gaurav Kapoor discuss the effects of inflation on the construction industry and actions to address the multiple ri…
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As connectivity continues to improve and already pervasive technology becomes faster and more efficient, companies are exploring the opportunities that exist within the metaverse. Marsh’s Trevor Smith talks to Ben Hoster and Jaymin Kim, from Marsh McLennan Advantage, about the potential business opportunities in the metaverse as well as the risks t…
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Today’s world depends on technology more than ever before. Marsh’s Tom Quigley, Larry Liu, and Didem Canturk discuss the ever-growing and evolving risks affecting the technology industry and strategies that companies are employing to remain resilient. You can access a transcript of this episode here. For more insights and insurance and risk managem…
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Pat Donnelly, President of Marsh US and Canada, and Michelle Sartain, Head of Marsh Specialty for the US and Canada, discuss the implications of the crisis in Ukraine on businesses as they continue to recover from the COVID-19 pandemic. You can access a transcript of this episode here. For more insights and insurance and risk management solutions, …
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Marsh's Andrew Hunt, Craig Warnke, Hans Swolin, and Alexandra Tanner discuss current trends in transactional risk insurance and what businesses need to know ahead of purchasing coverage or making a claim. You can access a transcript of this episode here. Download the Transactional Risk Insurance 2021: Year in Review report. For more insights and in…
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