With college students still recovering from pandemic-induced isolation, the need to address mental health and enhance social life in higher education has never been clearer.
For the past three years, we have been reacting to the macroeconomic environment as increased volatility and evolving risks provoke organizational concerns. Companies are looking for solutions that deliver sustainable predictability, and innovation, data & analytics may be the key.
Mental health in higher education can lead to liability risk for institutions if it remains unaddressed. But there is buy-in to do more for students from all stakeholders, including insurance.
While automation can streamline many aspects of pension and retirement plan management and requires less manual input from the fiduciary, the digitization of these processes opens up new risks.
A recent surge in book banning should have public libraries reviewing risk management and insurance practices with their brokers and other insurance personnel.
With factors like the pandemic, social justice movements, remote work accommodations and more, reviewing employment practice liability exposures is paramount.
Colleges and universities are toying with the idea of using cryptocurrency as a form of tuition for certain classes. Expanding such payment offers both risk and reward.
Given the ongoing and growing need, expect demand for and supply of cryptocurrency insurance to grow in the months ahead as we all grapple with the various challenges.