Global Risks Report calls for better risk measurement and management

Business leaders discuss the findings from the Global Risks Report and resilience strategies that should help organizations in the face of evolving and emerging risks.

Closeup male hands making notes in corporation financial report. Businessman ceo executive manager and business team at table. Professional coworkers doing paperwork in office. Over shoulder view.

Macroeconomic perils, digitization risks, threats to climate and sustainability, and people challenges. This year’s Global Risks Report, prepared by the World Economic Forum with the support of Marsh McLennan and other partners, like Zurich, explores these challenges and many others that organizations and their risk managers should keep their eyes on in the short and long term.

This bonus episode of Risk in Context features a conversation between Reid Sawyer, head of Marsh’s Emerging Risks Group and US cyber risk consulting leader, and Robin A. Kemper, a senior risk engineer with Zurich Resilience Solutions, during Zurich’s Future of Risk podcast, moderated by David Hilgen. They discuss the findings from the Global Risks Report and resilience strategies that should help organizations in the face of evolving and emerging risks.

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Key takeaways

Understanding risk correlations is critical

As the world faces multiple interconnected risks, it is important for risk managers to consider how interconnected risk can impact the entirety of an organization’s value chain.

Take a longer view of risk

Rather than focus solely on immediate risks, business leaders need to look ahead and consider how emerging challenges may impact their organization and build strategies that allow them to remain resilient in the long term.

AI risks should be on risk managers’ radar

Groundbreaking advances in artificial intelligence may bring new efficiencies, but also new risks. Business leaders and risk professionals should be reviewing not only the potential opportunities, but also risks of an augmented reliance on AI for work processes and business decisions.

About our speakers

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Reid Sawyer

Managing Director, Head Emerging Risks Group, Marsh

Reid Sawyer is a Managing Director heading Marsh’s Emerging Risks Group and is the US Cyber Consulting Leader. In his role, he actively advises numerous senior industry leaders, boards, and government leaders with particular emphasis on cyber, geopolitical, and strategic risk issues. Prior to Marsh, he joined JLT in 2015 as senior vice president, after a 22-year career in the US Army.

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Robin A. Kemper

Senior Risk Engineering Consultant, Zurich Resilience Solutions

Robin A. Kemper is a senior engineer with Zurich Resilience Solutions. She has 40 years of structural engineering experience and currently works for Zurich’s professional liability and construction properties risk engineering groups where she provides technical support to construction project policies, developing best practices, and investigating losses on construction projects.

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David Hilgen

Editorial Content Manager, Zurich North America

David Hilgen is the Editorial Content Manager for Zurich North America. David began his career as a journalist for daily newspapers in Delaware, Pennsylvania, and New Jersey before joining AM Best’s news division. He has worked in corporate communications for property and casualty insurance companies for more than 20 years. He joined Zurich in 2015.

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