Risk Management

Insurers must prepare for disruptions in the availability of cash, the functionality of global supply chains, global GDP growth and various other factors.

Emerging threats are precursors to business crises, so all organizations should have an updated risk management plan to implement when these risks become a reality.

The invasion poses a complex threat to the operations of financial services companies and has enormous consequences for the financial markets in the short term. 

These risks are moving the insurance market away from transactional coverage and more toward co-management of risk. 

Cyber perils worry companies even more than business and supply chain disruption, natural disasters or the Covid-19 pandemic.

Keeping hotel guests and restaurant and bar patrons safe is just one part of how the hospitality industry can move toward full recovery.

Brokers and risk managers should prepare for possible claims many years from now related to climate litigation and "forever chemicals."

"Quats" solved the toxic mold problem in real estate, but CPVC pipes exposed to quats are now beginning to fail – sometimes catastrophically.