Analysis – Page 5
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Recall rates remained high in Q2 - Sedgwick
Corporates with global supply chains and a heavy reliance on efficient manufacturing are feeling the brunt
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Boards sharpen focus on external risks - McKinsey
Directors seeking to identify risks that can “test a company’s resilience”, including political risk and the climate crisis
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COVID continues to fuel political unrest - Aon
Extremists and activists from across the spectrum are evolving their narratives, finds 2021 Risk Map
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International SOS highlights ‘gaps’ in crisis management
Too many firms were unprepared for the global pandemic due to delayed response time and lack of clear roles
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Cyber fears for critical infrastructure
Attacks against Florida’s water treatment facility and Colonial Pipeline highlighted a disruptive threat - survey
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COVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
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Sedgwick predicts post-pandemic recall surge
Product recall events are on the rise despite ongoing operational challenges experienced by global car and OEMs
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Time to pull together
Argo Group’s Adam Seager on the challenges of maintaining corporate cohesion in a more virtual working environment
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Report quantifies reputational impact of ‘grey swans’
In over 10% of crises in recent years - including COVID-19, 9/11 and the GFC - more than 50% of shareholder value was destroyed
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Generation ERM
Part of the next generation of risk managers promoting the holistic approach, Sogefi Group’s Valentina Paduano believes it is time to rethink your methods
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DIY crisis toolkit launched for SMEs
It is designed to help small businesses save money and protect their reputations in time of crises
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Power and utilities gain dedicated cyber cover
Product includes cover for property damage and fines and defence costs arising from regulatory actions, including GDPR
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Airmic contributes to UK resilience debate
Country is vulnerable due to “the absence of risk assessment across sectors and organisations” and “diminishing influence on the global stage”
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COVID-19 prompts “evolution in risk management”
Prior to COVID-19, a pandemic/health crisis was not a ‘top ten’ risk for 82% of firms globally - risk survey
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Amrae: Time for insurers to rebuild trust
Ahead of Amrae’s virtual conference on 3 and 4 February, StrategicRISK spoke to the French risk association’s president Oliver Wild
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Mental health: The next crisis
Tackling mental health is not just the right thing to do, but an essential exercise in risk management, according to International SOS’ Dr Rodrigo Rodriguez-Fernandez.
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Lloyd’s offers AI-enabled reputational risk cover
Product helps mitigate the risk to profitability posed by reputational crises and offers real-time threat insights
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COVID-19: Aon study charts the great reset
Companies prioritise operational resilience and staff wellbeing as they adapt to the crisis and look ahead to the future
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Amrae welcomes captive incentives
Corporates must have the resilience to bear exceptional shocks, via ‘self-insurance’ or risk transfer to insurers, said Amrae