
Ailsa King
Chief Commercial Officer, Marsh McLennan, UK
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United Kingdom
In an era marked by rapid geopolitical shifts, understanding the implications of change for businesses has never been more critical. At the Airmic Annual Conference 2025 in the UK, Marsh hosted a partner lunch, led by Ailsa King, Chief Commercial Officer, Marsh McLennan UK and featuring insights from Chris Coppock, Head of Geopolitical and Macroeconomic Risk Analysis, Marsh Credit Specialties, and George Lawley, Director of UK Government Relations, Marsh McLennan, where we provided a platform for discussing the pressing geopolitical issues and economic risk that organisations face today.
Here, we highlight some key themes that emerged from this event, underscoring the importance of a proactive approach to navigating these complexities.
One of the central themes of the discussion was the necessity for a "geopolitics-first mindset". Organisations must recognise the changing global landscape and its potential impact on their operations. This mindset encourages organisations to adopt both short-term and long-term strategic thinking, allowing them to respond effectively to political risk. "In today's world, understanding the geopolitical context is not just an advantage; it's a necessity,” said Chris Coppock. This approach is crucial for building geopolitical resilience, enabling businesses to withstand and adapt to the challenges posed by an unpredictable environment.
The conversation also delved into the significant trade policy uncertainty that has affected business decisions, notably in 2025, following the implementation of tariffs and counter-tariffs worldwide. Marsh data indicates that this uncertainty has led many companies to delay substantial investments, which could have broader economic implications. The discussion highlighted the importance of staying informed about trade policies, especially in light of recent tariff and counter-tariff implementations globally.
The discussion also covered the current political landscape in the UK, particularly following the general election in 2024 and recent local elections and by-elections this year. George Lawley discussed the challenges faced by the UK government, including public scrutiny of policies and economic forecasts that suggest a need for careful fiscal management. The conversation underscored the importance of monitoring the UK’s political landscape, as it directly influences economic policy and business operations.
Given this evolving geopolitical context, it is crucial for businesses to adapt and strategise effectively. "One of the things I think the Government will really be trying to do over the next three, six, 10 months is finding ways to help businesses navigate more complex geopolitical issues,” said George Lawley.
As geopolitical risks continue to evolve, the speakers emphasised the need for businesses to adopt proactive strategies. They discussed the importance of scenario planning and understanding the motivations of key political leaders. They stressed that businesses should not merely react to changes but anticipate them, allowing for more effective risk management.
The event also touched on the challenges posed by globalisation in the current political climate. The speakers noted that traditional global trade models may no longer be sustainable, given increasing political tensions and shifting trade dynamics. This evolving landscape requires businesses to rethink their global strategies and adapt to new realities.
In concluding the session, the speakers outlined future trends to watch, particularly in the context of infrastructure spending and industrial strategy in the UK. They encouraged businesses to remain adaptable and engage with government initiatives that could shape the economic landscape. As George Lawley aptly put it, "In a world of uncertainty, adaptability is key to survival."
Overall, the Marsh Airmic partner lunch provided valuable insights into the complexities of the current geopolitical landscape and its implications for UK businesses. By adopting a geopolitics-first mindset, staying informed about trade policies, and proactively managing risks, organisations can navigate these challenges more effectively. As the world continues to change, the ability to think differently and adapt will be essential for success in the evolving business environment.
Ailsa King emphasised that "collaboration and open dialogue between businesses and government will be essential in navigating the complexities of today's geopolitical landscape," underlining the importance of partnership in fostering resilience and growth.
Chief Commercial Officer, Marsh McLennan, UK
United Kingdom
Director of Government Relations, Marsh McLennan UK
United Kingdom
Head of Geopolitical and Macroeconomic Risk Analysis, Credit Specialties
United Kingdom