The reinsurance sector has shown itself to be well versed at navigating market-changing events, and the overriding message following recent renewals is that the market remains well positioned to support insurers through the current period of uncertainty and volatility brought on by the COVID-19 pandemic. Several months into a global pandemic, leading organizations are ... Continue Reading »
Board Room
Webinar: Cyber Risk in the COVID-19 Pandemic
The cyber space saw numerous developments during 2019, including new privacy regulations, systemic ransomware claims and increasing concern surrounding non-affirmative cyber in the underwriting community. Looking toward the remainder of 2020, Guy Carpenter sees a number of emerging trends that present both potential challenges and opportunities for our clients, particularly as ... Continue Reading »
Governance Challenges 2020: Strengthening The Board’s Role In Strategy Development and Execution
As businesses seek to address both immediate and long-term risks, the reinsurance industry is at the forefront of conversations to create forward-looking solutions in conjunction with policyholders, insurance markets and key policymakers. The National Association of Corporate Directors (NACD) recently released its 2020 edition of Governance Challenges in collaboration with ... Continue Reading »
COVID-19 and the Illusion of Control: Why You Need to Plan for a Second Wave Now
The (re)insurance industry is at the forefront of conversations to create a forward-looking solution for pandemic risk in conjunction with policyholders, insurance markets and key policymakers. The COVID-19 crisis has exceeded resiliency mechanisms the world over, while it also shifted thinking, as seen in the widespread recognition that it caught everyone unprepared. ... Continue Reading »
COVID-19 Perspectives Series: Q&A with David Priebe, Chairman, Guy Carpenter
Guy Carpenter Chairman David Priebe recently held a three part interview with The Insurer to share his thoughts on the myriad ongoing and potential impacts of the COVID-19 pandemic. ... Continue Reading »
Podcast: Getting Back to Work During COVID-19
As the human and economic costs of COVID-19 continue to climb, reinsurers are collaborating with governments and companies on how to mitigate the impacts of the pandemic. Many people are yearning to get back to “normal.” In the meantime, states like Oregon, North and South Carolina, Florida, Alaska, Oklahoma, California, and others are seeing spikes in confirmed COVID-19 cas ... Continue Reading »
Diversity is Key to a Successful Business
To tackle gender and diversity issues, corporate commitment goes a long way. Guy Carpenter has been at the forefront of this change, instituting policies that encourage, nurture, and ensure diversity in the workplace. “Our goal is to have a workforce that is representative of the society that we live in. We look at ways to unlock the full potential of our workforce by c ... Continue Reading »
Employment Liability Claims Set to Rise With COVID-19
As the COVID-19 pandemic continues into the summer, public health concerns are of the utmost importance, and Guy Carpenter is actively developing a view of how COVID-19 may impact businesses as employees begin returning to their offices. And as business activity ramps up from COVID-19-related restrictions, companies are determining just how they will create a safe space for ... Continue Reading »
Boards Must Focus On The Horizon: How to Best Position for COVID Recovery
The human costs associated with COVID-19 are prominent in our thoughts, discussions and efforts at Guy Carpenter. While COVID-19 has placed a tremendous burden on businesses, the reinsurance industry is closely monitoring the direct and indirect financial impacts of the virus, and advising board members and executive committees on how companies can effectively mitigate the ... Continue Reading »
The Journey Back From COVID-19
As the human and economic costs of COVID-19 continue to mount, reinsurers are working with healthcare executives on how to mitigate the impacts of the virus on the sector. The growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases; however, the financial costs will still be significant. Amid the COVID-19 ... Continue Reading »
