From diverse regulatory environments to varying local policies, multinational organisations with a presence in multiple countries face considerable business and risk management challenges. These are further exacerbated when confronted by a significant loss.
Considering the nature of their operations and today’s complex global landscape, multinational companies must focus on identifying potential insurance coverage issues and adapting their entire programme, while at the same time investing in robust risk management strategies that improve their local and global resiliency. Jurisdiction-specific risk management plans can further help reduce the impact of local challenges and improve insurability.
In this episode of Risk in Context, Rory MacLeay, International Leader of Marsh's Multinational Practice, speaks with Adrian Sargent, Global Multinational Claims Leader, Diana Accordi, Multinational Advisory Practice Leader for Europe, and Javier Llorente Gonzalez, International Head of Claims Solutions. They discuss some of the risks that multinational organisations need to be aware of and be prepared to navigate, as well as actions that senior leaders should consider to improve country-specific risk management strategies and improve their global insurance programmes.