USC Risk Management Exchange

Steve Shappell, Executive Vice President, Alliant Claims and Legal; and David Finz, Vice President, Alliant Cyber Claims

October  2021

Aon Financial Services Group

November 2, 2021

The Risks of Interconnectivity Posed by 5G

The introduction of 5G will be transformative for the risk landscape as well as the use of technology. But how will it affect your cyber security? Read more…

Private Employer Guide to OSHA’s COVID-19 Vaccination & Testing Emergency Temporary Standards

HUB International

November 5, 2021

Bruce Droz, Senior Vice President, Alliant Specialty; Trey Busch, Executive Vice President, Alliant Specialty; and Lori Hunter, Executive Vice President, Amwins

September  2021

Craig F. Stanovich, Co-Founder and Principal, Austin & Stanovich Risk Managers, LLC

October 19, 2021

How to Improve Climate Resilience of Commercial Property

Natural hazards can cause property-related losses, business disruption, and also impact stakeholder value and corporate reputation. Read more…

Mitigating Risk from D&O and EPL Lawsuits by Using Diversity, Equity and Inclusion as a Loss Prevention Tool

Rodney Johnson, Divisional Vice President, Culture and Inclusion, Gallagher; Larry Phillips, Assistant Vice President, Culture and Inclusion, Gallagher; Natalie Douglass, Chief Legal Director, Management Liability Practice, Gallagher

October 25, 2021

Ron Borys, Senior Vice President, Alliant Specialty; Ryan Farnsworth, Senior Vice President, Alliant Specialty; David Finz, Alliant Cyber Claims; and David Kruse, Director of Strategic Client Services, Tetra Defense

September  2021

HUB International

May 27,  2020

Risk in Context Podcast: Why We Need a Pandemic Risk Solution

COVID-19 has simultaneously demonstrated the importance of insurance coverage to businesses and its limited ability to respond to the effects of major public health crises. In this episode of Marsh’s Risk in Context podcast, Jeff Alpaugh and Arnold & Porter’s Charles Landgraf discuss the pandemic’s effects on businesses and the insurance marketplace, which highlights the need for a strong, government-backed pandemic risk framework to protect companies and the economy. Listen here…

Lorraine Lewis, Executive Vice President, Senior Living Solutions, Alliant; and Alan Brown, Chief Executive Officer, Methodist Retirement Communities

September  2021

FM Global

October  2021

Legality v. Enforcement: Employer Vaccination Policies & Employment Practices Liability

As employers contemplate a return to the workplace, they are confronted with many decisions regarding COVID-19 vaccination policies. A recent survey suggested that nearly 90% of US companies plan to either require or encourage vaccination. Another study suggested that a majority of companies will encourage instead of mandating vaccination. The purpose of this article is to explore the exposure, from Equal Employment Opportunity Commission ("EEOC") guidance to legislation, what current litigation looks like, and how Employment Practices Liability ("EPL") policies may or may not respond. Read more…

Marsh

2021

Outlook for Construction Sector

August 2021

Peter Arkley, President of Alliant Specialty Group discusses with Business Insurance the outlook for construction sector with the infrastructure bill pending in Congress, construction insurance pricing and how risk managers can navigate the current market. Listen here…

The Bottom Line of Benefits for a 5 Generation Workforce

August 17, 2021

Today’s workforce is the first to cover a range of five generations that include: the Silent Generation, Baby Boomers, Generation X, Millennials and Generation Z, who together are greatly changing the Group Benefits landscape. They each bring with them their own health risks and medical costs, making it difficult for there to be a one-size-fits-all healthcare plan. With generation gaps spanning more than 75 years, there comes a wide range of perspectives and expectations toward healthcare and what group benefits packages should entail. These varying lenses are largely shaped by individual experience, life stage and cultural phenomena, thus urging the need to create tailored benefits programs that have multigenerational appeal. Read more…

Aon 2021 Captive Benchmarking Survey Report

As one of the largest captives and protected cell managers in the world, our annual Captive Benchmarking Survey provides insight into how organizations are using captives and cells to innovate, problem solve and manage emerging risks. Read more…

FM Global

September  2021

Logistics and warehousing company World Trade Distribution discovered that the company’s Cargo Freight Station, a U.S. Homeland Security custom exam site, had experienced an extensive cyberattack. The data was being held hostage to a $200,000 ransom demand. WTD immediately turned to HUB, its broker of 30 years. Learn about how HUB helped WTD save $190,000. Read more…

Pandemic Risk Report

September 2021

While the COVID-19 pandemic is first and foremost a human tragedy, its impacts continue to affect businesses of all sizes. Although the proliferation of vaccines and other developments have helped to drive economic growth, businesses have suffered substantial revenue declines. To accelerate our economic recovery, a pandemic risk insurance program is essential. Marsh’s Building Pandemic Resilience Through Public-Private Partnership outlines the case for a public-private pandemic risk solution, and the critical need to provide protection against future pandemic risk. Read more…

Conversation with Michael Chang, CEO, Sompo International Global Risk Solutions

August 2021

Discussion with the Chief Executive Officer of Sompo International Global Risk Solutions on differentiators in the market, trends for hedging risks, lead umbrella programs, and the need for industry-wide changes. Listen here…

State of the Casualty Market – Q2/Q3 2021

August 17, 2021

While the excess casualty marketplace in 2020 saw hardening conditions across the board, the theme in 2021 shows the market has stabilized thanks to abrupt adjustments made by carriers last year and new capacity entrants. Most excess carriers have maintained expiring limits and attachment points. However, to ensure pricing is in proportion to the inherent risk exposure, many carriers are looking for marginally increased rates over expiring depending on the class of business. Read more…

New UN Climate Report: What You Need to Know

A major U.N. report synthesizing the latest science on the climate just came out, and it’s been billed as a “code red for humanity.” But what’s actually new? Read more…

Legality v. Enforcement: Employer Vaccination Policies and Employment Practices Liability

As employers contemplate a return to the workplace, they are confronted with many decisions regarding COVID-19 vaccination policies. A recent survey suggested that nearly 90% of US companies plan to either require or encourage vaccination. The purpose of this article is to explore the exposure, from Equal Employment Opportunity Commission (“EEOC”) guidance to legislation, what current litigation looks like, and how Employment Practices Liability (“EPL”) policies may or may not respond. Read more…

Risk Management Information System (RMIS)

2020

HUB provides an innovative risk management information system (RMIS), designed to help you automate many processes and provide deeper analysis into the performance of your organization’s risk management program. With an easy-to-use interface, array of tools and cutting-edge technology, RMIS is highly customizable to your unique needs, providing effective claims administration, audit, safety and compliance. With this risk technology, you can utilize analytics and benchmarking to support decision-making around key risk management processes such as risk identification and assessment, risk financing and control, and claims management. Read more…

Marsh

The Increasing Focus on Cybersecurity

July 2021

Ransomware attacks are nearing an all-time high according to FBI data and so are the losses. Alliant discusses why the recent Kaseya attack was different than previous cyber events. Listen here…

Cyber Security Checklist: Cover Your Bases

July 20, 2021

In today’s world, risk transfer alone isn’t enough to protect a business from the implications of a cyberattack. The right combination of a well-placed cyber liability insurance policy, compliance knowledge and review, employee training, and loss mitigation services are an effective approach to reduce a company’s cyber risks and potential exposures. Read more…

Q2 2021 Aon Global Insights Report

Aon recently released the Q2 2021 Aon Global Market Insights report. Christian Hoffman, CEO of Cyber Solutions for North America, introduces this quarter’s report by sharing his perspectives on the increasing importance of cyber resilience measures and the work Aon is doing to help organizations proactively assess, test and mitigate risk as well as quantify and transfer the risk into the insurance market. Read more…

Climate Risk and Your Path to Resilience

Watch “Climate Risk and Your Path to Resilience” from RIMS LIVE 2021 and discover what you can do to help prevent business disruption and property damage as a result of extreme weather. Read more…

Global Insurance Market Index – 2021 Q2

July 2021

Global commercial insurance prices increased 15% in the second quarter of 2021, according to the Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing change at renewal, representing the world's major insurance markets and comprising nearly 90% of Marsh's premium. It’s the 15th consecutive quarter of rate increases in the global commercial insurance market. It also marks the third consecutive quarter to show a fall in the average rate of increase and follows year-on-year average increases of 18% in the first quarter and 22% in the fourth quarter of 2020. Read more…

Litigation, Claims and Regulatory Changes: What the Balance of 2021 May Look Like

July 2021

Discussion on what the balance of 2021 looks like regarding class action suits, SPAC litigation, regulatory changes, and cyber attacks. Listen here…

Insuring SPACs: D&O Risks, Coverages and Market Conditions

June 15, 2021

With substantial growth in the Special Purpose Acquisition Companies (SPAC) space, the SEC is increasingly scrutinizing their structure and internal controls, causing the already difficult D&O market to take note of the additional risk inherent to SPACs and the de-SPAC process. This article explores SPACs and their popularity, the difference between traditional IPOs, inherent risks, underwriting concerns, new regulatory action, and the state of the SPAC and de-SPAC market. Read more…

The Future of Trust: A New Measure for Enterprise Performance

Trust isn’t only critical to developing personal relationships—it’s also the heart of successful organizational strategies. To thrive in the new age of Trust, companies should work to build Trust equity every day. Doing so, however, will require making Trust measurable. Read more…

Get FM Global's Award-Winning Hurricane Loss Control Center

Want to keep loss prevention tools at your fingertips? FM Global’s first-of-its kind Hurricane, Typhoon and Cyclone Loss Control Center provides that vital information for global business leaders. Get it here. Read more…

How and Why Insurers Should Adopt Enterprise Risk Management

June 15, 2021

Insurance companies deal with client risk every day but may struggle with it internally. Enterprise Risk Management (ERM) can help insurance companies become more resilient through identifying and managing risks that affect the entire organization. Read more…

Building Resilience Within Digital Supply Chains

July 2021

Artificial intelligence, the Internet of Things, edge computing. Technology is continually evolving, creating a range of new capabilities for people and businesses and revolutionizing the way we get products and services from one place to another. Read more…

Catastrophe Modeling: Uses and Misconceptions

June 2021

Catastrophe (CAT) modeling for hurricanes, earthquakes and other natural catastrophes has become an important aspect in property underwriting and is considered essential for insureds to better understand their risk. Alliant discusses the importance of CAT modeling, its uses and misconceptions in property underwriting. Listen here…

The Challenges of Insuring the Cannabis Industry

May 20, 2021

The legal cannabis industry is expanding, and as more cannabis-related businesses are established, there will be an increased need for insuring these risks. However, because cannabis-related businesses are considered high risk and fall largely to specialty risk and surplus lines carriers, insuring the industry is becoming even more challenging—especially with today’s hard market, regulatory challenges and more carriers electing to pull out of tougher classes of business. For brokers to successfully tap into cannabis-related business opportunities and to ensure their clients have the right coverage, a level of expertise that goes beyond general commercial lines business insurance will be required. In this white paper, we look at what risk managers should know when it comes to insuring this specialty market and the challenges they’ll face when putting cannabis operations on the books. Read more…

FM Global’s 2021 Resilience Index

The 2021 FM Global Resilience Index is a publicly available, easy-to-use tool that provides insights into the resilience of nearly 130 countries’ business environments. Get the data you need to prioritize risk management and investment efforts while choosing where to do business. Read more…

The State of Economic Recovery

While the United States continues to work toward moving past the COVID-19 pandemic, the health of the U.S. economy is much less in doubt. The stock market rallied sharply over the final nine months of 2020 in anticipation of a robust economic recovery, and there are many indications that such investor optimism was well-founded. In this update, we will review the current state of the economic recovery, identify potential headwinds on the horizon, and discuss the possible implications for financial markets going forward. Read more…

Business Travel During Coronavirus: 5 Things You Need to Know

December 18, 2020

As U.S. executives consider resuming business travel, success—as well as safety—depends upon understanding the travel environment in the age of COVID-19. Read more…

Diversity, Equity, and Inclusion: Progress Made, Challenges Remain: Excellence in Risk Management XVIII

July 2021

Now, more than ever, advancing diversity, equity, and inclusion (DE&I) is a top priority for businesses. While many organizations are taking action to build a more diverse, inclusive, and equitable culture, the results from the 2021 Excellence in Risk Management survey indicate that more progress is needed within organizations and across the insurance and risk management profession. Read more…

How Insurance Fits into the Cryptocurrency Ecosystem

June 2021

Understanding the risks associated with digital assets and the critical role insurance will play in mitigating risk due to an unstable cryptocurrency ecosystem. Listen here…

Insuring SPACs: D&O Risks, Coverages and Market Conditions

June 15, 2021

With substantial growth in the Special Purpose Acquisition Companies (SPAC) space, the SEC is increasingly scrutinizing their structure and internal controls, causing the already difficult D&O market to take note of the additional risk inherent to SPACs and the de-SPAC process. This article explores SPACs and their popularity, the difference between traditional IPOs, inherent risks, underwriting concerns, new regulatory action, and the state of the SPAC and de-SPAC market. Read more…

World’s Most Comprehensive Earthquake Map Online

On average earthquakes cost nearly US$40 billion in direct economic loss every year, by destroying production sites and disrupting transport lines. Knowing an area’s seismic hazard is now a bigger priority than ever. Read more…

The Rise of Cyber Crime Against Affluent Individuals

The COVID-19 pandemic has widened avenues of attack on affluent and high-net-worth individuals. Executives are working from home, and much of banking and shopping has moved online. Download this eBook to learn how to build protection from the surge in cybercrime in a digital world. Read more…

Private Equity Firms: Closing the Disability Insurance Coverage Gap

June 2021

After a challenging 2020, the private equity market is expected to thrive in 2021. Even amid continued uncertainty related to COVID-19, two-thirds of private equity investors expect deal activity to increase in the year ahead, according to S&P Global Market Intelligence. Private equity investors often scrutinize deal risks closely. But they are not always as mindful of their personal risks. One question that is not often asked by private equity professionals — especially amid bull markets — is: What happens if I die or am disabled after suffering a serious injury? Read more…

Ransomware, Ransomware, Ransomware!

May 2021

Discussion on ransom attacks which are occurring on a daily basis across the spectrum of businesses around the world and key areas to focus in on in order to defend against possible intrusions. Listen here…

Top 3 Trends Affecting Cyber Risk and Insurance in the Energy and Oil & Gas Sector

May 2, 2021

The beauty of the cyber insurance market is that it is evolutionary by nature – offering solutions to an ever-changing risk profile and strategy from threat actors. This article highlights cyber trends affecting the energy sector, helping identify current risks and market conditions so you can determine the best coverage solution for your client. Read more…

Newly Approved IoT-Enabled Valve Monitoring System: How It Can Ease Valve Inspection Burden

A new wireless sprinkler valve monitoring system promises to help organizations lower the cost of monitoring critical sprinkler control. It makes receiving alerts and information easier via the Internet of Things (IoT). Read more...

Reimagining the Future of the Hospitality Industry

Are you prepared for the new set of risks that will emerge? Join us for a panel discussion to:

• Hear our risk management and insurance experts discuss the latest outlook on the future of the hospitality industry.
• Learn about emerging risks in the industry, including those that relate to pop up facilities, temporary structures, ghost kitchens, new staffing models and more.
• Hear from other hospitality business owners like you on how they're adapting. Register here…

Going Public in 2021? Watch for These IPO Risks

May 2021

Even as the slow economic recovery continues, the IPO market is as strong as ever. Global IPOs raised $220 billion through March 31, a first-quarter record and six times the amount of capital raised in the same period in 2020, according to data compiled by Bloomberg. And many observers expect that the IPO frenzy will not let up any time soon. Going public represents a significant milestone for a company, the culmination of years of work by its owners and senior executives. But it is not a simple exercise. There is a lot at stake, especially for directors and officers, who must carefully consider the potential risks they face during and after the IPO process. Read more…

The Benefits of Data and Analytics to Mitigate Risk

May 2021

Data and analytics have become a primary consideration for firms looking to manage their risk exposures. This has resulted in an evolving need to prioritize data and analytics to mitigate risk and determine the optimal value of potential insurance program structures. Listen here…

Top 3 Trends Affecting Cyber Risk and Insurance in the Energy and Oil & Gas Sector

May 12, 2021

The energy sector’s technological shift to remote control and network access as well as society’s focus on environmental consciousness has exponentially increased oil and gas company’s exposure to cyber-attacks. This article highlights the top three cyber trends affecting the energy sector, helping identify current risks and market conditions so you can determine the best coverage solution for your client. Read more…

Cyber Attacks on Water, Gas and What’s Next

By constantly changing their approach, bad actors can achieve their desired results, and find particular success with companies that fail to keep up with the latest technologies and best practices. How can you help defend your operational technology and industrial control systems? Read more…

Colonial Pipeline Ransomware Attack

On May 7, 2021, Colonial Pipeline, one of the largest U.S. distributors of fuel, became victim of a ransomware attack. This led to an immediate system-wide shut down as efforts were made to contain the attack. This attack is significant in that Colonial Pipeline transfers 2.5 million barrels of diesel, gasoline and jet fuel a day, amounting to 45% of the East Coast’s supply. The repercussions for the transportation industry and those that rely on it may be significant, and will largely depend on the length of time it takes to get Colonial’s systems back online. Read more…

Reimagining the Future of the Hospitality Industry

June 17, 2021

Are you prepared for the new risks and realities as business and tourism return? The hospitality industry is already showing robust signs of reemerging from the global pandemic. Restaurants and hotels have found new solutions to adapt – and tourism is slowly returning. Our experts are anticipating a surge in the hospitality industry over the next few years. Join us for a panel discussion on how to prepare for tomorrow. Register here...

Building a More Resilient Business

The ongoing COVID-19 pandemic and other recent events have proven that some organizations are more resilient than others. But what makes these organizations different, and what steps should you and other business leaders take as a result? Read more… 

Crypto Currency: Securing Coverage for Potential Losses

April 2021

Discussion on rapidly changing insurance marketplace and some of the resulting hurdles faced by firms in the digital asset space looking to obtain coverage. Listen to the Podcast…

Q1 2021 Aon Global Market Insights Report

May 6, 2021

Published on May 6, the Q1 Global Market Insights report provides insights from Aon thought leaders and is powered by proprietary data and analytics. The report, now in digital format, features information related to risk, claims, reinsurance, health, retirement, and investment trends around the world, and summarizes Aon’s perspectives and available support related to COVID-19. It contains global and regional overviews, and takes a closer look at three countries and industries per region. Read more…

Multi-Factor Authentication Helps Shut Cyber Criminals Out

Cyber criminals net billions of stolen dollars each year through online scams, frequently developing new strategies to persuade people to unwittingly hand over confidential information. One targeted method of attack is email account hijacking and impersonation, also known as Business Email Compromise (BEC). Chubb and Microsoft recently co-authored a whitepaper exploring how BEC works, why it is successful, and why multi-factor authentication is an important safeguard to block these increasingly complex attacks. Read more…

Remote Work Improves Organizational Resilience

From a management perspective, the remote work has yielded some unintended, and unexpected, consequences: Working from home actually builds organizational resilience, a trait every company wants. Read more…

Re·sil·ient: Responding to Changing Workforce Needs

May 19, 2021

2021 is the year of the "big re·set" and employers must respond to employees’ changing needs and expectations. Those who re·think and re·imagine how to best support their employees will be better positioned for success. Join us as we explore today’s most pressing workforce issues. This virtual summit will provide actionable insights on how to re·align your strategies to have the most meaningful impact for your employees. Register now…

Real Estate Insurance Trends 2021

The real estate industry is always in flux, but during the COVID-19 pandemic, it’s been especially turbulent. Massive changes have taken hold since the start of 2020, and more industry transitions are likely over the next several years. At the same time, the pandemic has only intensified difficulties in commercial insurance markets that existed pre-COVID-19. Read more…

Is the Weather Changing?

2021

Discussion regarding changing weather trends and how its impacting the property insurance market as well as insured losses. Listen to the Podcast…
 

How to Prepare for Texas Winter Storm Claim Issues

April 15, 2021

Between February 11-20, 2021, three back-to-back winter storms brought an unprecedented amount of snow, ice and freezing temperatures to Texas and other parts of the southern U.S. Power outages from the severe weather and intentional rolling blackouts resulted in a chain reaction of unheated premises, frozen water systems and burst pipes. Insureds faced extensive building and personal property damage, shortage of drinkable water, out of service fire protection systems and widespread business interruption. Read more…
 

Conducting Business with Digital Assets

April 23, 2021

An increasing number of companies worldwide are using bitcoin and other digital assets for a host of investment, operational, and transactional purposes. As with any frontier, there are unknown dangers, but also strong incentives. Explore the kinds of questions and insights enterprises should consider as they determine whether and how to use digital assets. Read more…
 

What Now for Treasurers and Corporate Investors?

It’s a new year, with a new government managing a new phase of the COVID-19 pandemic. Should treasuries also have new plans for 2021? Read more…
 

The COVID-19 Vaccine and the Food and Agriculture Industry

Our communities, families, employees and organizations as a whole continue to be impacted by the COVID-19 pandemic. As COVID-19 vaccines roll out across the globe, there are complex decisions and policies regarding the vaccines to consider. This guide from Gallagher is designed to help you navigate questions you may have about organizational risk management, employee wellbeing and key property/casualty insurance coverages. Read more…
 

Let's Talk SPACs - Session 2: de-SPAC – So Now You’re a Public Company…

May 6, 2021

Join our webinar series for a deep dive into the phases of the SPAC process and the various exposures and hidden landmines each phase poses to SPAC sponsors. Just like any public company, the new organization must now address compliance and regulatory requirements, as well as review the company’s overall insurance coverage. When done properly, this formalized process will either confirm that coverage is appropriate or uncover exposures in D&O coverage, cyber liability insurance and property insurance. Register now…
 

SolarWinds Cyberattack: Lessons Learned

The cyberattack on SolarWinds, a US information technology company, underscores the potential vulnerability of every organization and highlights the importance that companies have structures in place to quickly respond and start the remediation process. Read more…
 

The Rise in Special Purpose Acquisition Companies (SPAC) Litigation for 2021

Sandy Crystal, Executive Vice President, Managing Director, Alliant Specialty; Steve Shappell, Executive Vice President, Claims & Legal, Alliant Specialty; Tim Crowley, Senior Vice President, Alliant Specialty; Tom Shashaty, Assistant Vice President, Alliant Specialty

FM Global

April 2021

HUB international

Marsh

April 2021

Mitigating Transactional Environmental Risks

Bill Nellen, Executive Vice President, Alliant Specialty

Aon

Prashant Parikh, Managing Director, Deloitte Transactions and Business Analytics LLP

Dr. Louis Gritzo, Vice President & Manager of Research, FM Global

April 2021

HUB international

Marsh

March 2021

Lori Hunter, Executive Vice President, Worldwide Facilities, LLC

March 24, 2021

Managing Risk in Construction Projects

2021

The success of a construction project depends on the effective coordination and synchronization of multiple parties who each undertake a specific set of responsibilities that gives rise to corresponding risks. These risks permeate the construction process and come in various forms, including property damage to the project itself, property damage to nearby properties, bodily and personal injury, economic losses or professional liability, among others. The use of construction contracts to identify and properly allocate risks, typically to the parties with the most control over preventing or avoiding such risks, is imperative not only to the construction project itself, but also to the long-term financial stability of the parties involved. Read more…
 

Aon Employment Practices Liability Advisor

Winter 2021

Employers continue to struggle with potential litigation tied to employment decisions made during the COVID-19 pandemic. Now that there are two approved vaccines, with potentially more on the way, employers may feel like the pandemic might finally be brought under control. Nevertheless, they now face new, difficult decisions in relation to these new vaccines and the messages and policies they share with their employees about them. As with the previous employment decisions around managing their workforces in the COVID-19 environment, employment disputes concerning vaccines will also likely be varied as to whether these employment claims will be covered under Employment Practices Liability Insurance (“EPLI”). Read more…
 

An Integrated Cyber Approach to Your Cloud Migration Strategy

March 2, 2021

Legacy infrastructure modernization and cloud migration programs should consider a cyber-forward cloud strategy to implement the relevant mix of security, trust, and business agility, and enable a stronger consumer experience. Read more…
 

The Effect of COVID-19 on the Property Insurance Market

To understand what has been happening in the commercial property insurance market and where it is going, a simple model that looks at the underlying drivers of market conditions can provide some explanation. Read more…
 

4 Questions Boards and C-Suites Need to Answer to Build More Resilient Organizations in 2021

The experiences of 2020 highlight the fragility facing organizations today. Leaders can no longer — if they ever could — examine proximate risks. Instead, businesses should look at risk more holistically and evaluate impacts across their value chains. Visibility into, and accountability for, risk must cut across diverse organizational functions. IT, compliance, legal, HR, and more have roles to play in bolstering risk management strategies and driving resilience. Read more…
 

Hydrogen Energy: Where to Next?

According to the International Energy Agency (IEA), the demand for hydrogen has nearly tripled since 1975 — and for good reason. When used to replace fossil fuels, hydrogen can be an effective tool for helping to slow global warming. In addition, hydrogen’s versatility and potential to help boost the availability and output from other renewables, such as solar photovoltaic and wind, make it increasingly valuable. Read more…
 

Aon Q4 2020 Global Market Insights Report

February 2021

The Q4 2020 Global Market Insights Report features information related to the risk and insurance landscape around the world, including claims events, reinsurance availability, COVID-19 impacts, and our outlook for the insurance industry in 2021. The report contains global and regional overviews, and takes a closer look at three industries and countries per region. Read more…
 

Consumer Sentiment: Executive Voices on Pandemic Recovery

February 2021

In this episode of Resilient, Anthony Waelter, Deloitte Risk & Financial Advisory partner and Consumer Industry leader; and Steve Rogers, managing director with the Deloitte Consumer Industry Center, explore the impact of this past year’s events on both consumers and consumer-facing companies. Listen to the Podcast…
 

SolarWinds Supply Chain Attack Advisory

Impacts of the SolarWinds supply chain attack are far-reaching. Take these short-term and longer-term recommended actions to protect your organizations’ networks. Get the advisory and stay prepared. Read more…
 

Implementing an Employee Vaccination Program: Cost, Access, and Communication

As the COVID-19 vaccine becomes more widely available, employers are turning their attention to program implementation. This webinar explores how to develop a comprehensive workplace COVID-19 vaccination program, what to expect when it comes to vaccine costs and access, and how to build and implement an effective communication plan for your organization. View the recording…
 

3 Best Practices to Prepare for a Ransomware Attack

Fueled by an expanded remote workforce from the pandemic , ransomware attacks increased 148%. At the same time, ransom payment demands are increasing quickly, with demands to the tune of $10 million and up becoming less and less rare. Additionally, more than 70% of ransomware attacks in Q4 involved the threat of data exfiltration as a means to encourage a ransom payment. However, payment is no guarantee that any of the stolen data will be returned, or in the case of data exfiltration, deleted. Read more…
 

FDA Proposes Stricter Traceability Rules for Certain Food Products 

The ability to trace where food originally came from allows authorities to better contain and manage contamination when it occurs. Recently, the Food and Drug Administration (FDA) has suggested implementing additional traceability recordkeeping requirements that go above and beyond existing regulations for operations that manufacture, process, pack or hold foods. Here’s what your clients need to know about the proposed updates to existing rules. Read more…
 

Global Risk Management Survey, 12th Edition

February 1, 2021

The impact of COVID-19 on financial institutions, the economic downturn, and changes to working practices have had broad implications for risk management. How has risk management responded and where does it go from here? Read more…
 

Climate Change Is Threatening Your Company’s Building

As the impacts of climate change become more extreme and widespread, find out why insurance may not be enough to save building owners. Read more…
 

Beyond COVID-19: Vaccines and the Workplace - Evolving Risks and Lessons Learned

As COVID-19 vaccine deployment continues, employers face new challenges as they develop and implement their workplace vaccine policy. In this third segment in our webinar series Beyond COVID-19: Vaccines and the Workplace, we will review both new and established best practices from organizations that have recently implemented COVID-19 vaccination policies as well as those that have had vaccine programs in place for many years. Register here...
 

Global Risks Report 2021: 3 Priorities for Risk Professionals

The job of the risk manager just seems to get more and more complex and challenging — and more critical to an organization’s success. The rapid development of a COVID-19 vaccine has brought optimism that we’ll return to some sense of normalcy sooner rather than later. But the pandemic has put risk management in a spotlight like never before — one that is not likely to fade any time soon. Read more…
 

How Has COVID-19 Impacted Workers’ Compensation Insurance?

COVID-19 has significantly impacted a number of insurance lines, including Workers’ Compensation. As a retail broker, it’s likely you have addressed some tough pandemic-related questions from your business clients – from liability challenges to claim-handling issues, and everything in between. In this white paper, we’ll look at the key issues in WC insurance that have developed as a direct result of COVID-19 and what you and your business clients should know moving forward. Read more…
 

2020

During turbulent times, it is critically important that all companies review their Director & Officer Liability insurance (“D&O insurance”) to ensure that it provides the required protection for directors and officers (“D&Os”) with no hidden surprises. The following are best practices for all companies, but especially those experiencing financial distress. Read more…
 

Executive Risk: Reflections on 2020 and Outlook on 2021 Client Alert

January 2021

As we head into 2021, Aon’s Financial Services Group is employing multiple strategies to help clients navigate their Management Liability Insurance coverages. Leading with data-based decision making, identifying alternative program structures, and proactively addressing underwriters’ key risk factors are all levers that we are suggesting to our clients in today’s environment. In this paper, our team highlights the current factors impacting the Management Liability marketplace and what you can expect in 2021. Read more…
 

Auditing DevSecOps Projects

January 2021

More and more, companies are starting to employ development security operations (DevSecOps), a software development and delivery approach that emphasizes communication and collaboration between development, security, and IT operations. Considered an extension of Agile principles, it is expected to change internal audit and risk mitigation for the better. Learn how internal audit teams can bring development and operations together and tweak their processes in order to harness its full potential. Read more…
 

Take a Load Off This Winter: Help Prevent Snowload Roof Collapse by Taking These Steps Now

Prepare now to avoid roof collapse from heavy snow. Get easy-to-follow steps and download FM Global's guide, "Protecting Your Facilities from Winter Storms." Read more…
 

Implementing an Employee Vaccination Program: Cost, Access, and Communication

Join us Tuesday, February 2nd at 10am PST for the second panel discussion in our series, Beyond COVID-19: Vaccines and the Workplace, where our HUB experts answer important questions including: How to develop a comprehensive workplace vaccination program that meets your organization’s needs and instills employee confidence; what to expect when it comes to vaccine cost and access; and how to develop and implement an effective communication program. Register here
 

The Global Risks Report 2021

COVID-19 is exacerbating ongoing geopolitical and societal challenges, and the existential crisis of climate change looms large. More innovative and collaborative approaches to resilience are needed more than ever. Read more…
 

Thinking Outside the Insurance Box: Why Operating in an Absolute Environment Will Get You Nowhere - Fast

From a global pandemic to climate change and a hard insurance market, the state of the world means that insurance professionals need to be proactive and flexible, and not go into 2021 with a business as usual mindset. For brokers that continue to operate in an absolute environment – where they act in a fixed, standard, or non-variable manner regardless of what is going on in the market – will find it difficult to write and retain more business. Here, we’ll look at different perspectives for how brokers should be approaching industry challenges, so they don’t miss opportunities to put more business on their books. Read more…

November 2020

In the future of health, nearly everything will be connected through digital technologies to meet the common goal of improving patient well-being and care. Explore six key factors driving cyber in the future of health care, the cybersecurity considerations that accompany them, and the steps leaders can take to manage evolving cybersecurity threats. Read more…
 

FM Global’s Top 10 Stories of 2020

January 2021

Did you catch all of our top stories in a year like no other? Spoiler alert: Most focus on the coronavirus (COVID-19) pandemic. Get the insights and resources you need. Read more…
 

2021 California Legal Update – Employment Law

2020 has brought a lot of changes for employers and it can be challenging keeping up with compliance and employment laws regarding COVID in the workplace, wage and hour laws, state leave laws, and more. On top of these ever-changing regulations, employers are also wondering what the most recent election will mean for 2021 compliance, reporting, and their bottom line. Join us January 21st to receive the latest employee benefits compliance and employment law updates. Register here…
 

Cybersecurity After COVID-19: 10 Ways to Protect Your Business and Refocus on Resilience

In the wake of the COVID-19 pandemic and the resultant implementation of social distancing directives, altered business processes, and new economic realities, businesses must review and address their technology infrastructure and cybersecurity measures. Read more…
 

Using Terpenes to Enhance Cannabis Products

Terpenes have medicinal properties and are known for treating a number of health-related challenges such as insomnia, anxiety, and depression – to name just a few. Many brands are adding terpenes to their CBD products to further support the naturally occurring benefits of these types of products. Read more…
 

Optimizing Casualty Total Cost of Risk in a Volatile Market Webinar

2020

From the hardening insurance market, COVID-19 impacts to a global recession and an active Atlantic storm season, 2020 posed incredible challenges to the risk management community. As we look ahead to 2021, how can risk managers and executives continue to build organizational resiliency and enhance profitability by improving program Total Cost of Risk (TCOR)? What innovations are at reach and how can Data & Analytics support program design and help firms implement optimized programs and initiatives to protect balance sheet and improve costs to add value? Watch the webinar…
 

Protect from Hidden Freeze Loss: Finding It Is Job #1

January 2021

This winter brings added challenges with the COVID-19 pandemic. First, many locations are operating with open windows to increase fresh air flow into buildings. Second, some locations have cut back on operations and the normal heat generated from production equipment is not there. Read more…
 

2021 California Legal Update – Employment Law

2020 has brought a lot of changes for employers and it can be challenging keeping up with compliance and employment laws regarding COVID in the workplace, wage and hour laws, state leave laws, and more. On top of these ever-changing regulations, employers are also wondering what the most recent election will mean for 2021 compliance, reporting, and their bottom line. Join us January 21st to receive the latest employee benefits compliance and employment law updates. Register here…
 

Rising Insurance Prices and Intensifying Risks: 5 D&O Priorities for 2021

While 2020 will be remembered as a difficult year for many people and organizations, the year ahead is not likely to be much easier for public company directors and officers. As companies and senior leaders plan for 2021, managing directors and officers liability (D&O) insurance programs and related risks will be crucial. Here are five D&O trends that risk professionals should watch closely. Read more…
 

Small Businesses Become Big Targets for Cybercriminals as More Employees Work From Home

In early March, many small business owners allowed their employees to temporarily work from home in an effort to slow the spread of COVID-19. Today, a whopping 80% of businesses surveyed said they have implemented or expanded their work-from-home policies during the pandemic, with 67% considering remote work on a more permanent basis, according to the latest S&P Global Market Intelligence Survey. In order to support employees working remotely, businesses in the S&P survey said they had to increase spend on information security (28%), communication and collaboration technologies (50%), employee devices and services (43%), information security tools (42%), and network capacity (38%). Read more…