In an era of geopolitical shifts and macroeconomic transitions, businesses must navigate unpredictable challenges and capitalize on emerging opportunities, according to a Marsh report.
For the savvy risk professional, the one charged with great power to protect construction workers and the bottom line, becoming a mitigation hero is more than a necessity — it’s a responsibility.
Bad actors continue to be just that — bad — but with the right prevention and mitigation strategies, insureds can put up a stout fight against cyber intrusions.
Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.
One of the core skills required for a business continuity and disaster recovery professional is the ability to conduct comprehensive business impact analyses (BIAs). This involves a meticulous review of critical business functions and operations that analyzes dependencies across vendors, facilities, personnel and technology infrastructure.
As every community contends with its share of natural catastrophes, structural fortifications and business continuity planning can help today’s long-term care operators bolster their resilience.
Capturing the necessary geospatial intelligence to make informed underwriting and claims management decisions is a practice insurance executives would do well to keep their eyes on.
Looking ahead to the future of cyber and privacy, this all-female attorney-led panel at In2Risk will dive deep into the unparalleled challenges of AI and quantum computing.
If the pandemic taught insurance anything, it’s that a unified and government-backed catastrophic peril coverage form might be the future for stability within the markets.