Nearly 60% of companies expect negative financial impact from Trump trade policies, matching losses from Ukraine conflict as political risk reaches enterprise-level concern, Willis finds.
Although mental health claims make up less than 2% of workers’ comp cases, they can triple claim duration, but early behavioral health intervention offers a powerful solution, dramatically improving recovery timelines and return-to-work outcomes.
As P&C insurers shift toward “predict and prevent” models, fee-based risk management services could more than double revenue by 2030, transforming traditional business approaches, Deloitte says.
Both executives demonstrate how risk professionals have become driving forces behind business resilience and innovation in their respective industries.
Rising exposure values, climate change, and urbanization drive continued growth in catastrophe costs as insurance industry prepares for potential record-breaking loss scenarios: Swiss Re.