With COVID-19 now officially a pandemic, the first step healthcare payers (and all employers) must take is trifold: ensure business resiliency, establish a crisis response structure, and secure employee safety. Payers will specifically be called on to continue leading the way in supporting the greater public health response, according to Chris Bernene, Partner in Health & ... Continue Reading »
Casualty
How US Retailers Should Prepare To Weather The Pandemic
While many cities in Asia and portions of Europe have been locked-down, across much of the United States it’s business-as-usual in retail and stores remain busy (in many cases busier than usual). The difference may mainly be one of timing. ... Continue Reading »
Guy Carpenter and RiskGenius Announce Collaboration to Revolutionize Silent Cyber Analysis
Guy Carpenter announced today that it has entered into a strategic relationship with RiskGenius, to revolutionize the detection and qualitative analysis of silent cyber exposure across various lines of business. ... Continue Reading »
Guy Carpenter Appoints Global Head of Client Support Services
Guy Carpenter announced today that George Williams has been appointed as Managing Director, Global Head of Client Support Services, effective immediately. In this role, Mr. Williams will be responsible for setting the strategy for Guy Carpenter’s global client service organization with a focus on digital transformation and client engagement. ... Continue Reading »
COVID-19: Lessons From Asia And Italy
The new coronavirus 2019 (COVID-19) pandemic is fast moving, and predicting just how it will develop in any jurisdiction is nearly impossible. That said, the actions taken by governments and the response of financial-services firms in each geography have followed a similar path. Guy Carpenter-affiliate Oliver Wyman's teams in Asia and Italy opine here on if there are lessons ... Continue Reading »
What’s Old is New Again – How Older Cyber Risks are Presenting New Exposures
Guy Carpenter recently published its Cyber Year in Brief and 2020 Outlook, which takes a look back at the prevailing cyber-related trends of 2019. ... Continue Reading »
As Coronavirus Spreads, Society and Organizations Take an Emotional Journey
The global coronavirus crisis should remind everyone that, when dealing with a pandemic, information and empathy are key to understanding and empathizing with co-workers and clients who may be on different parts of the journey, according to Norman Dreger, Partner at Mercer. Mercer is an affiliate of Guy Carpenter. ... Continue Reading »
Hospitals Preparing for COVID-19 Must Ask These Questions
If COVID-19 becomes a full-fledged emergency in your community, are you ready to respond? For hospitals – especially those serving smaller communities and rural areas – the answer depends on how thoroughly you’ve planned for a severe outbreak’s potential effect on your institution. Oliver Wyman has previously written about a key challenge for medical practices so far: shortages ... Continue Reading »
COVID-19: Managing Health System Staffing and Capacity Demands
Information regarding the new coronavirus, which causes the disease commonly referred to as COVID-19, surfaced in early December of 2019 in Wuhan, China. The Centers for Disease Control and Prevention (CDC) reported the first coronavirus case in the United States in late January. As of Tuesday morning (March 10), the number of cases in the US has grown to 747 and will continue ... Continue Reading »
Winning the Cyber Risk Challenge
The Energy/Power (E/P) sector’s speed of digitalization is outpacing its building of cyber defense capabilities and adaptation of overall risk management strategies. In the report, Winning the Cyber Risk Challenge, Marsh & McLennan Advantage Insights analyzes the Marsh Microsoft 2019 Global Cyber Risk Perception Survey to explore the latest cyber trends in the transitioning ... Continue Reading »
