Connected Thinking By Russell

The rise of Connected Risk, reflected in multi-class events such as Harvey and WannaCry, is poised to shake up-regulation in an unprecedented manner. Regulation is moving away from "old-world regulation" focusing on the when and what of a risk, towards a "new-world regulation", analysing whether a risk contains the 'risk drivers' (natural perils, political violence, trade credit, supply chain and cyber) that will combine to create financial, operational and reputational loss. Yet, there is a change coming. Transport for London's decision to revoke Uber's London licence is a glimpse of the more muscular approach, that regulators need to adopt in the connected world.

On July 18th, Russell Group hosted an executive briefing on the perils of Connected Risk at the Lloyd's of London. The forum heard from experts at the cutting-edge of insurance, reinsurance, business risk analysis, cyber attack prevention and protection. In this podcast, we discuss how the threat of Connected Risk and how (re)insurers, underwriters and risk managers can implement a solution to Connected Risk. If you were unable to attend the event, you can download an exclusive event pack. The pack contains the entire presentation, a ‘connected risks’ video and an accompanying press release. https://t.co/M5QELEkIEU

In this podcast, we discuss why the rise of the 'disrupters' such as Uber, Airbnb and Netflix have made the term, 'Disruptive Innovation' (coined in 1995 by Clayton Christensen) relevant now more than ever in the connected world.

In this podcast, we discuss why adopting a Connected Business Model can help businesses adapt to these interconnected times.

In previous, less complex business eras, corporates were lucky enough to operate more or less in silos. Those days are a far cry from the business environment of 2017, in which individuals and corporates are all connected and speaking to everyone in a world of disruptive digital transformation. What will be the impact of integrating these new technologies?