Risk managers must have a deep understanding of the escalating economic impact of climate-driven natural disasters and the compounded effects of urbanisation and asset accumulation on property losses.
Explore avenues to streamline sustainability reporting amidst evolving disclosure requirements by harnessing data and technology to enhance understanding of asset exposure, thus making informed decisions as you develop actionable strategies for climate change risk mitigation.
Technology is the way forward: Futuristic modelling & subscription to pre-event alert services can play a vital role in helping organisations gather intelligence on their exposure to natural catastrophe.
Organisations that have efficiently trained beforehand for natural catastrophe & extreme weather events - complemented by an adequate & appropriate insurance coverage- are better equipped to to respond more rapidly, therefore reducing further potential losses and bouncing back faster from the financial impact of such events
Companies exemplifying good risk management practices and risk hygiene are more likely to achieve competitive pricing. A collaborative approach with insurance partners will lead to more innovation and deeper penetration of GI products.
Health & Resilience of People = Health & Resilience of Business. Enable the de-stigmatising aspects of wellbeing in the workplace by normalising conversations surrounding topics concerning employees.
Diversity is a fact, inclusion is an act: commit steps in the HR process to ensure diversity is celebrated and emphasise on inclusion to make the right impact.
Workplaces must proactively create opportunities for women to engage, enable and elevate to strengthen the advocacy for women in insurance
A constant reassessment of risk management strategies is necessary to maximise resilience as businesses operate in a complex and ever-evolving cyber threat landscape.