Risk Management And Insurance Podcast

As the urgency to address climate-related challenges intensifies, there is increased interest in the role that voluntary carbon credits can play in helping organizations offset their carbon footprint as part of a wider effort to contribute to a more sustainable future. But this growing market comes with a complex set of risks, underscoring the importance of robust insurance offerings that allow organizations to transfer the risks of purchasing carbon credits and supports the innovative projects aimed at offsetting carbon emissions. In this episode of Risk in Context, Amy Barnes, Head of Climate and Sustainability Strategy at Marsh, speaks with Ryan Bond, Head of Insurance Innovation for Climate and Sustainability; Andre Fernandez, Chief Executive Officer of Invert; and Chris Slater, Founder and Chief Executive Officer of Oka, The Carbon Insurance Company. They discuss the different types of carbon credits, challenges faced by the market, and the indispensable role of insurance in supporting the market’s evolu

Today’s organizations are embracing new technologies to enhance operational efficiencies and deliver improved experiences to their customers. But this puts them at increased risk of cyber threats. Private equity funds investing in organizations are seeking to better understand and quantify cyber risk in order to better determine the viability of a target company and create value by improving a portfolio company’s cybersecurity. In this episode of Risk in Context, Marsh’s Paul Knowles, David Hau, Jeff Bird, and Allison (Allie) Pan discuss the cyber-related challenges that private equity funds may come across, including difficulties linking a target’s cybersecurity posture to financial decision-making, and the importance of collaboration to improve an organization’s cyber hygiene as a value-creation strategy. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Multinational organizations are seeking to expand their footprint by investing in countries around the world. But conducting business across geographic and political boundaries presents unique challenges, requiring a thorough understanding of region-specific customs, nuances, and regulations. Marsh’s Diana Accordi, Rory MacLeay, Nitesh Ray, Bharat Kansal, Lannie Chen, Priscilla Rosa, and Junko Ikeda discuss the specific challenges that multinational organizations should be aware of as they expand their operations to new regions and share country- and region-specific issues that global companies should consider as they seek to invest in new countries. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

As the world continues to grapple with the impacts of climate change, there is increased focus on the need to mitigate the effects of carbon emissions and find cleaner ways to produce energy. This requires the adoption of diverse solutions that improve energy efficiency, maximize renewable energy sources, and leverage new and existing technologies. Marsh’s Andrew Herring, Claire Williams, and Tom Smith explore three technologies — plastic waste to fuel, carbon capture and storage, and biofuels and bioenergy combined with carbon capture and storage — that can contribute to the energy transition as well as the associated risks and opportunities they present. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Generative AI can present transformative opportunities for enhanced business growth, operational efficiencies, and much more. However, as with other emerging technologies, generative AI also presents challenges and risks. In this episode of Risk in Context, Jaymin Kim, Senior Vice President of Emerging Technologies with Marsh's Global Cyber Insurance Center, speaks with Ravin Jesuthasan, Global Leader of Mercer's Transformation Services business, and David Stone, Office of the CISO at Google Cloud. They explore some of the latest trends in the generative AI landscape, the potential impacts on work and the workforce, and the risks and opportunities that organizations should consider. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

The global construction industry continues to face a significant talent shortage. And as different regions invest in major infrastructure projects, the need for skilled talent continues to grow. In this episode of Risk in Context, Marsh’s Christopher Davis and Joao Buzio and Mercer’s Greg Hendrickson discuss some of the primary people-related challenges that companies may encounter when undertaking large-scale infrastructure projects. They also provide guidance on how organizations can effectively tackle these challenges in order to attract and retain the necessary skills for their projects. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Catastrophic events — ranging from tropical and other storms, to earthquakes, wildfires, and more — can have devastating consequences for organizations, impacting their people, properties, and operations. The pace of recovery following such an event is typically dependent on well-developed preparedness plans that identify potential vulnerabilities and take preemptive action to address them. In this episode of Risk in Context, Marsh’s Robert Gall, Neil Greaves, Karl Bryant, and Rich Wall and Guy Carpenter’s Josh Darr discuss the importance of robust preparedness plans, the need to quantify losses, and share insights to improve resiliency ahead of a potential catastrophic event, including the upcoming Atlantic hurricane and wildfire seasons. You can access a transcript of the episode here. For more information, visit our and our Weather and Natural Catastrophes resources and our Hurricane Resource Center. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit m

Organizations today generate and have access to extensive amounts of data. And when this information is properly analyzed, it can provide senior leaders, including risk managers, with critical insights that can aid decision-making processes to help organizations better identify and address both evolving and emerging risks. In this episode of Risk in Context, Marsh’s Raj Lakhani and Diego Montemurri and Gruppo Iren’s Paolo Cova discuss why a robust analytics program is critical for developing today's and tomorrow's risk management strategies and gaining support for proposed investments. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

In today's rapidly changing global landscape, businesses are increasingly exposed to political risks that can impact their existing or planned investments. These risks are further amplified by state-led economic policies, unpredictable conflicts, and the 2024 election year, which will see over 60 countries going to the polls. To successfully navigate these challenges, it is crucial for business leaders to have a robust strategy in place. In this episode of Risk in Context, Marsh’s Robert Perry, Chris Coppock, and James Lloyd discuss the main political risks faced by businesses worldwide and how businesses can effectively navigate this adverse environment, mitigate risk, and make the most of opportunities by leveraging a robust political risk and trade insurance program. You can access a transcript of the episode here. Download the Political Risk Report 2024. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

As the world continues to face multiple and interconnected crises, organizations are being challenged to revisit their resiliency plans and ensure that these will respond effectively to today’s emerging and evolving risks. And considering the fast-changing nature of today’s challenges, resiliency plans need to be risk-agnostic, allowing organizations to be agile in adapting them to the crisis they are facing. Marsh’s Cathy Cyphus, Nicholas Martin, and Renata Elias discuss talk about the need for organizations to build well-structured and holistic resiliency plans that allow them to respond to multiple crises. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Emerging technology is revolutionizing the aviation industry but also introducing new risks, underscoring the importance that these are carefully considered, tested, and properly trained on, especially when being introduced into such a safety-critical environment. Marsh’s Andy James, Kinga Kolasa-Sokolowska, and Greg Wyght and Oliver Wyman’s Rory Heilakka discuss the opportunities and risks of emerging technologies for the aviation industry. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit  marsh.com.

Gender diversity is critical in fostering innovation, bringing together different perspectives, and creating a more inclusive work environment. When individuals feel comfortable sharing their ideas, being vulnerable, and speaking their truth, organizations — including those in the risk and insurance industry — can avoid groupthink and improve decision-making. In this episode of Risk in Context to mark International Women’s Day, Marsh’s Kelly Looney, Liz Walker, Megan McClellan, Jane Smith, Kaj Patel-Wright, and Amirah Kamarudin, a Senior Broker within Marsh Asia's Aviation and Space Practice talk about the importance of gender diversity, the need for female role models and diverse succession plans, and the challenges and opportunities for women advancing their careers. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Economic uncertainty and financial challenges have contributed to shifts in the transactional market, with merger and acquisition activity across the globe slowing down in 2023 from the highs seen earlier in the decade. However, demand for transactional risk insurance has remained high as both buyers and sellers recognize the benefits of purchasing robust coverage for their transaction. In this episode of Risk in Context, Marsh's Craig Schioppo, Craig Warnke, Martha Barajas, Hans Swolin, Leo Flindall, Kane Sim, and Haoren Fu discuss transactional risk trends across different regions and share advice for companies looking to manage their transactional risks throughout 2024 and beyond. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com  

Interest in setting up a captive insurance vehicle has increased in recent years. And while traditionally mainly larger organizations were the ones setting up captives, now many smaller organizations are reaping the benefits of such a risk retention entity. In this episode of Risk in Context, Marsh’s Ellen Charnley and Mike Serricchio discuss the value of captives regardless of the size of an organization or the market cycle. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Interconnected and multilayered risks are contributing to a pessimistic global outlook for 2024 and beyond, according to this year’s Global Risks Report. Despite the stormy and turbulent short- and long-term outlook, risk managers can take action to mitigate and manage the risks their organizations face. In this episode of Risk in Context, Marsh McLennan’s Carolina Klint and Marsh’s Reid Sawyer discuss the report’s findings and share actions that risk managers should consider taking to prepare and respond to these challenges and work towards building resiliency within their organizations. You can access a transcript of the episode here. Download the Global Risks Report 2024. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

In today heightened risk environment, more organizations are recognizing the importance of restructuring in order to enhance their competitiveness. But any process missteps could expose senior leaders to potential litigation, underscoring the importance of a robust directors and officers liability (D&O) insurance program. In this episode of Risk In Context, Marsh’s Kerri Petri, Stephanie Manson, Matt McLellan, and Alan Kornberg discuss current restructuring trends and actions that organizations should consider for a more effective restructuring process, including the importance of a robust insurance program. They also share their expectations for the D&O market in 2024 and talk about the changing regulatory environment. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

Global concerns about the impact of climate change took center stage during the United Nations’ Climate Change Conference, COP28, where government leaders from nearly 200 countries reached an unprecedented deal to start transitioning away from fossil fuels. In this episode of Risk in Context, Marsh’s Amy Barnes, Nick Faull, and Scott Williams, and Marsh McLennan’s Swenja Surminski discuss learnings from the conference and what these mean for businesses and their risk managers, share some of the actions that organizations are already taking or should be considering, and talk about expectations for 2024. You can access a transcript of the episode here. Download Marsh’s From Risk to Resilience: Adapting to a changing climate. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

Growing demand for clean energy is leading to a significant increase in interest and investment in renewable energy initiatives, with US$358 billion invested worldwide in renewable energy projects in the first half of 2023. In the United States, the Inflation Reduction Act is driving substantial economic investment through tax incentives that aim to lower the costs of renewable energy projects. These are attracting foreign entities interested in participating in the clean energy transition. However, investing in these large-scale projects can pose unique challenges, especially for those investors unfamiliar with the specific risks associated with these ventures. In this episode of Risk in Context, Marsh’s Alex Ackermann, Doug Halvorson, and Ben Roberts, together with Oliver Wyman’s Mei Shibata, discuss the questions that foreign investors tend to ask as they embark on renewable energy investments in the US, talk about the potential risks to be aware of, and share strategies to be considered when managing t

Many cities around the world are experiencing significant changes, in part due to transformative technologies, the evolving nature of work, and shifting requirements. These are bringing new risks and also opportunities for real estate owners and developers, and demanding more purposeful urban planning and action to develop buildings that suit the lifestyle of future residents and visitors. In this episode of Risk in Context, Rory Heilakka, a Partner at Oliver Wyman, speaks with Nikki Greenberg, the Founder and Chief Innovation Officer of Real Estate of the Future and a real estate futurist and innovation strategist, who spoke at the recent 2023 Marsh Global Real Estate & Hospitality Conference. They discuss the changes taking place in cities, the opportunities real estate owners and developers should seek to capitalize on, and the risks that cities of the future pose and may need to be managed. You can access a transcript of the episode here. Access insights from the 2023 Marsh Global Real Estate &a

Stretched supply chains, changing consumer preferences, and a shift to online retail are putting increased pressure on marine, cargo, and logistics companies, which are integral in the delivery of items from their point of origin to end customers, especially during the busiest shopping times of the year. In this episode of Risk in Context, Marsh’s Marcus Baker, Janelle Griffith, Dirk Segers, and Thiago Gonçalves discuss the evolution of the maritime and logistics ecosystem, the multiple challenges that are impacting global supply chains, and share opportunities and actions that risk managers and senior leaders should consider in order to build a more resilient and agile organization. You can access a transcript of the episode here. Download Marsh’s Marine, cargo, and logistics trends report 2023. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com