Reimagining Resilience Together
With global and regional insurance markets in transition, it is vital for risk professionals to navigate the new normal and build business resilience against today’s most pressing risks. As companies focus on recovery against future adverse effects, organizational resilience is at the center of it all. In order to thrive in a volatile environment, organizations need to look at their risk landscape in a new light and rethink risk management strategies. This will help introduce insurance solutions that match the risk appetite of their business.
Results from the World Economic Forum’s 2020 Executive Opinion Survey highlight front-of-mind concerns regarding the global pandemic, but also offer insights into how business leaders globally are perceiving the ramifications of the crisis for local economies and societies. To see country level results click here for the Regional Risks for Doing Business interactive map.
Below are the Regional Risks for Doing Business in Sub-Saharan Africa
Marsh can help you address the most pressing challenges that will shape
the post-COVID-19 era and help your business rebuild and grow in the challenging market.
Access our Thinking on Organizational Resilience
Unprecedented times call for unprecedented solutions. The global pandemic is leaving the world in an unpredictable situation, calling for all measures of precaution and protection. It is more critical than ever before for businesses to prioritize their employees and understand their own internal resiliency along with the impact on their industries.
Access our Thinking on Liquidity and Growth
Beyond its effect on people, the continuing COVID-19 pandemic has had severe effects on global economies. Maintaining liquidity can act as a bridge until economic activity improves, and a number of insurance and risk management strategies can enable that process.
Access our Thinking on Cyber and Digitalization
Biased algorithms, lack of access to information, widening digital skills gaps, and inadequate regulation are exacerbating societal inequalities. If left unaddressed, this will further erode already-fraying societal cohesion. Businesses and governments need to seek new partnerships and approaches to drive digital cohesion without compromising technological advancement.
Access our Thinking on Workplace of the Future
It is clear that we will be looking at new ways of working globally as there is a strong provocation to reinvent our businesses and the way in which they operate. With significant health challenges ahead for organizations, HR directors must put plans in place to protect their staff. These programs should be designed to support the physical, mental, social and financial wellbeing of workers.
Access our Thinking on Sustainability
A failure to act on climate change dominates the risk landscape in 2021 as the world gets ready for a delayed COP26. Like 2020, environmental risks rank highly in consequence and likelihood, with infectious disease and its ripple effect on employment and livelihood high on the risk landscape.