On this episode of the Scouting For Growth podcast, Sabine VdL talks to Carolina Klint, Managing Director and chief commercial officer for Continental Europe at Marsh McLennan, who shares her views on the latest WEF report and its implications for businesses and insurers worldwide.

KEY TAKEAWAYS

• My goal with speaking about and promoting the Report is where the topics of risk and resilience belong, which is on the agenda of world leaders, decision makers, executives, board members. The business world is so complex and difficult to navigate and we have an environment now where risks are not only interconnected but they are also layered. So, the Global Risk Report is a great place to start trying to make sense of this.
• When a company looks at the risks that have the potential to impact or execute on strategies it’s so difficult to get it right: You’re going to go through your risks and scenario planning to pull together an ambitious risk register. Most companies have good processes for this, but in the current environment it’s very rare to pick and prepare for the risks that are going to be the ones that will hit you.
• Aby working on a culture of risk awareness and resilience, by working on taking a holistic view, connection the dots between people, risk and strategy, companies that do that have a much better opportunity to deal with whatever ends up hitting them. If you have a culture and awareness, and if you empower your leaders and employees to manage through when something hits, it’s going to become a much better outcome for you regards of the risks.
• We need to not just look at what’s in front of us, but look at the long term perspective. Human beings are wired to focus on what’s in front of us and it’s easy to forget the long-term horizon. This is where the Global Risk Report is so helpful because it looks at the perception of current risks, the 2-year and 10-year risk horizons. 

BEST MOMENTS

‘We look at how we can bring more value and become more relevant to our clients by connecting people, risk, and strategy – and the WEF Global Risk Report speaks directly to that.’

‘The business environment is very difficult to navigate, and it’s only through collaboration and looking at the business holistically that you can achieve a long term sustainable business model.’

‘For anyone in risk and resilience, when the Global Risk Report comes out it’s like Christmas Day as a 5-year-old!’

‘Everyone’s got a plan until you get punched in the face – that’s exactly the way it is in the current environment.’

ABOUT THE GUEST

Carolina Klint is a recognized expert in global risk management and a key contributor to thought leadership initiatives, including the World Economic Forum’s Global Risks Report. 

As a Managing Director and Risk Management Leader for Continental Europe at Marsh, she works with clients across industries to anticipate, quantify, and navigate emerging threats—ranging from geopolitical and environmental disruptions to the rapid evolution of technology.

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ABOUT THE HOST

Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner.

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