Risk in Context Podcast

From new satellite technology, to novel ways to launch, to commercial flights, the global space industry is advancing at a rapid pace, with expectations that it will be worth around US$1.8 trillion by 2035, when accounting for inflation, with massive technology innovations and a lower cost to entry are propelling this growth. But while these major advances bring huge opportunities for the space industry, senior leaders need to effectively address technical, financial, and regulatory challenges.

In this episode of Risk in Context, Marsh’s Stephen Monks and Adam Sturmer speak with Denis Bensoussan, Head of Space at Beazley Insurance, about the opportunities facing the industry and share advice on actions that leaders should consider to strategically manage evolving and emerging risks.

You can access a transcript of the episode here.

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As the urgency to address climate-related challenges intensifies, there is increased interest in the role that voluntary carbon credits can play in helping organizations offset their carbon footprint as part of a wider effort to contribute to a more sustainable future. But this growing market comes with a complex set of risks, underscoring the importance of robust insurance offerings that allow organizations to transfer the risks of purchasing carbon credits and supports the innovative projects aimed at offsetting carbon emissions.

In this episode of Risk in Context, Amy Barnes, Head of Climate and Sustainability Strategy at Marsh, speaks with Ryan Bond, Head of Insurance Innovation for Climate and Sustainability; Andre Fernandez, Chief Executive Officer of Invert; and Chris Slater, Founder and Chief Executive Officer of Oka, The Carbon Insurance Company. They discuss the different types of carbon credits, challenges faced by the market, and the indispensable role of insurance in supporting the market’s evolution.

You can access a transcript of the episode here.

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Today’s organizations are embracing new technologies to enhance operational efficiencies and deliver improved experiences to their customers. But this puts them at increased risk of cyber threats. Private equity funds investing in organizations are seeking to better understand and quantify cyber risk in order to better determine the viability of a target company and create value by improving a portfolio company’s cybersecurity.

In this episode of Risk in Context, Marsh’s Paul Knowles, David Hau, Jeff Bird, and Allison (Allie) Pan discuss the cyber-related challenges that private equity funds may come across, including difficulties linking a target’s cybersecurity posture to financial decision-making, and the importance of collaboration to improve an organization’s cyber hygiene as a value-creation strategy.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Multinational organizations are seeking to expand their footprint by investing in countries around the world. But conducting business across geographic and political boundaries presents unique challenges, requiring a thorough understanding of region-specific customs, nuances, and regulations.

Marsh’s Diana Accordi, Rory MacLeay, Nitesh Ray, Bharat Kansal, Lannie Chen, Priscilla Rosa, and Junko Ikeda discuss the specific challenges that multinational organizations should be aware of as they expand their operations to new regions and share country- and region-specific issues that global companies should consider as they seek to invest in new countries.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

As the world continues to grapple with the impacts of climate change, there is increased focus on the need to mitigate the effects of carbon emissions and find cleaner ways to produce energy. This requires the adoption of diverse solutions that improve energy efficiency, maximize renewable energy sources, and leverage new and existing technologies.

Marsh’s Andrew Herring, Claire Williams, and Tom Smith explore three technologies — plastic waste to fuel, carbon capture and storage, and biofuels and bioenergy combined with carbon capture and storage — that can contribute to the energy transition as well as the associated risks and opportunities they present.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Generative AI can present transformative opportunities for enhanced business growth, operational efficiencies, and much more. However, as with other emerging technologies, generative AI also presents challenges and risks.

In this episode of Risk in Context, Jaymin Kim, Senior Vice President of Emerging Technologies with Marsh's Global Cyber Insurance Center, speaks with Ravin Jesuthasan, Global Leader of Mercer's Transformation Services business, and David Stone, Office of the CISO at Google Cloud. They explore some of the latest trends in the generative AI landscape, the potential impacts on work and the workforce, and the risks and opportunities that organizations should consider.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

The global construction industry continues to face a significant talent shortage. And as different regions invest in major infrastructure projects, the need for skilled talent continues to grow.

In this episode of Risk in Context, Marsh’s Christopher Davis and Joao Buzio and Mercer’s Greg Hendrickson discuss some of the primary people-related challenges that companies may encounter when undertaking large-scale infrastructure projects. They also provide guidance on how organizations can effectively tackle these challenges in order to attract and retain the necessary skills for their projects.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

Catastrophic events — ranging from tropical and other storms, to earthquakes, wildfires, and more — can have devastating consequences for organizations, impacting their people, properties, and operations. The pace of recovery following such an event is typically dependent on well-developed preparedness plans that identify potential vulnerabilities and take preemptive action to address them.

In this episode of Risk in Context, Marsh’s Robert Gall, Neil Greaves, Karl Bryant, and Rich Wall and Guy Carpenter’s Josh Darr discuss the importance of robust preparedness plans, the need to quantify losses, and share insights to improve resiliency ahead of a potential catastrophic event, including the upcoming Atlantic hurricane and wildfire seasons.

You can access a transcript of the episode here.

For more information, visit our and our Weather and Natural Catastrophes resources and our Hurricane Resource Center.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com.

Organizations today generate and have access to extensive amounts of data. And when this information is properly analyzed, it can provide senior leaders, including risk managers, with critical insights that can aid decision-making processes to help organizations better identify and address both evolving and emerging risks.

In this episode of Risk in Context, Marsh’s Raj Lakhani and Diego Montemurri and Gruppo Iren’s Paolo Cova discuss why a robust analytics program is critical for developing today's and tomorrow's risk management strategies and gaining support for proposed investments.

You can access a transcript of the episode here.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

In today's rapidly changing global landscape, businesses are increasingly exposed to political risks that can impact their existing or planned investments. These risks are further amplified by state-led economic policies, unpredictable conflicts, and the 2024 election year, which will see over 60 countries going to the polls. To successfully navigate these challenges, it is crucial for business leaders to have a robust strategy in place.

In this episode of Risk in Context, Marsh’s Robert Perry, Chris Coppock, and James Lloyd discuss the main political risks faced by businesses worldwide and how businesses can effectively navigate this adverse environment, mitigate risk, and make the most of opportunities by leveraging a robust political risk and trade insurance program.

You can access a transcript of the episode here.

Download the Political Risk Report 2024.

For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com