WTW’s Jaclyn Perryman appreciates what makes the agricultural, food and beverage sectors unique — including their challenges — and shares her advice for how to help clients succeed.
“It’s interesting to observe how quickly you can identify a serious student in the industry. From the very beginning, their curiosity and eagerness to learn stand out. They ask thoughtful questions, seeking to understand the intricacies of the business. Beyond just completing assigned tasks, they take the initiative to explore and absorb information from various sources.”
“I found that there was often a lack of alignment between IT initiatives and those of the business. IT lived in its own silo, which could hinder objectives for the rest of the business and prevented us from realizing all the innovations we wanted to take to market.”
“The formula for retaining talent is simple but effective. First, seek out exceptional individuals who want to be part of a transformative, employee-first culture. While clients are undeniably important, attracting world-class people is the key to attracting world-class clients.”
At the recent CFC Summit in Toronto, Risk & Insurance sat down with George Beattie, head of innovation at CFC, to discuss the London-based insurer’s latest offerings.
The Whole Worker model is placing the injured worker at the center of care, taking into account their emotional wellbeing and working to create a sense of calm to their anxiety-inducing injuries.
“While we still conduct traditional assessments, such as scanning internet-facing systems to identify vulnerabilities, we take it a step further by applying AI models to truly understand the risk. There’s a common misunderstanding in the market that security scans and scores are the same as risk ratings, but there’s a significant difference.”
The pair discuss how increased adoption of AI can lead to increased cyber risk, the rise of legal system abuse and other pressing exposures for the industry.
In this Q&A, Joseph Berardo Jr. from Carisk Partners explores the potential of AI in health care, the advancements in surgical technology, and the emerging goals in the workers’ compensation industry.
A statistical rise in public sector workplace violence has led some in the workers’ compensation space to review the protections and safety protocols in place for these vulnerable workers.
Generative AI is notorious for producing what are being referred to as “hallucinations” — that is, producing language and citing information that it has essentially made up. That’s why it’s always going to be important to have veteran managers reviewing the work that generative AI produces.
QBE North America’s head of major risks, aviation, talks the appeal of flying, the career lessons he’s learned and how they’ve shaped his time in insurance.
“Cyber is a huge topic in our industry and the world these days. Even Warren Buffett recently mentioned it as one of his ongoing fears in managing his businesses, especially his insurance business.”
“Companies must ensure they provide reasonable accommodation if using AI in recruiting. They should avoid screening out potentially good candidates based on the questions asked. It’s crucial to examine who defines what a good applicant is and ensure that definition is unbiased.”