"There is no better time to be in the risk business than right now," said Dan Glaser, President and Chief Executive Officer of Marsh & McLennan, in his opening address to delegates at the MMC Rising Professionals' Forum 2019 in London. "The world around us is moving at such a rate that it is in a constant state of VUCA - volatility, uncertainty, complexity and ... Continue Reading »
Board Room
John Neal: Lloyd’s must seize “once in a generation” opportunity to embrace digital transformation; MMC Young Professionals’ Global Forum 2019
The Lloyd's market must evolve and evolve fast or risk driving itself into irrelevance. This was the warning from Lloyd's chief executive Mr. John Neal as he addressed delegates at the 2019 MMC Rising Professionals' Global Forum in London today. ... Continue Reading »
Marsh & McLennan Stresses Next Generation Industry Leaders Must “Adapt or Face Extinction”
Marsh & McLennan Companies' Rising Professionals’ Global Forum 2019 opened in London today, with approximately 700 delegates attending the two-day event to hear from world class speakers on the central theme for the Forum – Adaption or Extinction. ... Continue Reading »
The 2019 Captive Landscape
The number of organizations and risk professionals embracing captives as a tool to secure their future continues to grow, according to Marsh's 2019 Captive Landscape report. ... Continue Reading »
Insurance Risk Management 2025: Navigating the Digital Future
How could the insurance industry look in 2025, and what are the implications for the risk function? A video from Guy Carpenter affiliate Oliver Wyman offers a futuristic glimpse of a rapidly evolving industry. The insurance industry of today is already highly complex. However, this complexity is only likely to increase as business models evolve, the speed of change regarding ... Continue Reading »
From Risk To Strategy: Embracing The Technology Shift
Technological change and digitalization can help risk functions in Asia Pacific increase their efficiency and effectiveness, but this will require new skills at an individual level, a supportive organizational environment and a well-managed transformation program. ... Continue Reading »
The Middle East and North Africa Risks Landscape
The results of climate inaction are becoming increasingly clear. The year 2018 was the fourth warmest on record (1). In the MENA region, Algeria had the hottest temperature - 51.3ºC - ever reliably recorded across the whole of Africa, and Oman recorded a minimum temperature of 42.6ºC (2). Rising temperatures led the United Nations to warn that melting ice sheets were causing s ... Continue Reading »
Insurance Risk Management 2025: Navigating the Digital Future
How could the insurance industry look in 2025, and what are the implications for the Risk function? A video from Guy Carpenter affiliate Oliver Wyman offers a futuristic glimpse of a rapidly evolving industry. ... Continue Reading »
Prioritizing Business Risks in Japan
In 2019, technological and geopolitical threats continue to be at the center of the risk landscape for businesses in Japan. Other vulnerabilities have also resurfaced, notably the persistent threats of natural catastrophes, the country's tight labor market and the specter of an asset bubble. ... Continue Reading »
Identifying and Responding to a Dysfunctional Culture
Loss of clients, mass employee walk-outs, shareholder lawsuits, stock price drops, hundreds of CEOs and executives turnovers, and countless daily instances of organizational inefficiencies - these are just some of the recent impacts of cultural dysfunction. ... Continue Reading »
