Clawbacks govern the behavior of corporate executives and manage reputational risk. Despite their complications, more employers are utilizing their protection.
In our economy’s engine, capital is the fuel and insurance is the oxygen. How insurers pivot and manage their exposure to climate change could yet play a major role in reducing the threat.
It is in the self-interest of the financial industry to address new risks brought about by climate change and to scale up the necessary investments to make our societies more resilient.
Joining dozens of CEOs of America’s biggest businesses, these insurance industry leaders acknowledged they are beholden to their communities more than their shareholders.
The threat of social engineering and bank fraud are likely to continue. Strong risk management remains the best weapon for businesses to avoid getting conned.
Shane Hogan, Senior Vice President, Aon When you win an RFP to handle the insurance work for one of the largest insurance companies in the world, you know you’re doing something right. Aon’s Shane Hogan is doing more than a few things right. For the major insurer, he was able to lower its Total Cost… View Article
External auditors supposedly arrive after the battle is over and bayonet the wounded. But what are they really meant to be doing when they carry out an annual audit?
David McLaughlin, a veteran of the financial services industry, is taking his first job in the commercial insurance sector for the ever-growing Hiscox USA.
A True Captive Adviser Some brokers simply sell products; others also help their clients understand their insurance needs. Kathryn Christensen excels at the latter. Christensen advised Katie Smart, assistant vice president, risk management, Macerich, on the process of setting up a captive as it involves big capital commitments. “Kathryn focused on our business and what… View Article