Risk in Context Podcast

Risk in Context Podcast: Catastrophe and Climate Resilience

Natural catastrophes can be costly and deadly. But in seeking to become more resilient, businesses must consider not only today’s catastrophes but also the long-term effects of climate change.

This episode of Marsh’s Risk in Context podcast features Marsh’s Renata Elias, Bev Adams, and Rich Wall on how companies can become more resilient to the effects of natural catastrophes and climate change.

Key Takeaways:

    Designing more resilient structures, implementing programs to safeguard employees, and other actions can help businesses protect against the effects of natural catastrophes while also enabling them to better respond to the long-term effects of climate change.

    Risk professionals have an important role to play in addressing climate impacts and are well-positioned to do so given their familiarity with modeling, scenario testing, and other tools and techniques.

    Businesses should focus on assessing their risk to catastrophic perils now while also considering how to add climate risk considerations to existing efforts.

About our Speakers

Renata Elias is a Senior Engagement Lead within Marsh Advisory’s Strategic Risk Consulting Practice. She provides counsel and support to clients across a range of industries on organisational resilience including crisis management, emergency response, workplace violence, crisis communications, business continuity, pandemic response planning, reputational risk, and disaster and crisis response.

Dr. Beverley Adams is Head of Climate and Catastrophe Resilience within Marsh Advisory's Strategic Risk Consulting Practice. She works with Marsh clients across all industries, captive insurers, and governments to make smarter decisions to manage climate and catastrophe risk. Her current projects include climate adaptation, flood resilience, coastal erosion risk, and mass nuclear and energy claims management.

Rich Wall is Head of Natural Hazards Consulting within Marsh Advisory. He leads Marsh’s CatDQ team, using his expertise in construction and engineering, to develop high-quality data for Marsh’s clients to use in modeling. He has 28 years of risk management engineering experience, specialising in catastrophic natural hazards consulting, business continuity planning, and property risk control.

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Renata Elias

Senior Vice President, Marsh Advisory

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Dr. Beverley Adams

Head of Climate and Catastrophe Resilience, Marsh Advisory