Interest in setting up a captive insurance vehicle has increased in recent years. And while traditionally mainly larger organizations were the ones setting up captives, now many smaller organizations are reaping the benefits of such a risk retention entity. In this episode of Risk in Context, Marsh’s Ellen Charnley and Mike Serricchio discuss the value of captives regardless of the size of an organization or the market cycle. 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

Interconnected and multilayered risks are contributing to a pessimistic global outlook for 2024 and beyond, according to this year’s Global Risks Report. Despite the stormy and turbulent short- and long-term outlook, risk managers can take action to mitigate and manage the risks their organizations face. In this episode of Risk in Context, Marsh McLennan’s Carolina Klint and Marsh’s Reid Sawyer discuss the report’s findings and share actions that risk managers should consider taking to prepare and respond to these challenges and work towards building resiliency within their organizations. You can access a transcript of the episode here. Download the Global Risks Report 2024. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com

In today heightened risk environment, more organizations are recognizing the importance of restructuring in order to enhance their competitiveness. But any process missteps could expose senior leaders to potential litigation, underscoring the importance of a robust directors and officers liability (D&O) insurance program. In this episode of Risk In Context, Marsh’s Kerri Petri, Stephanie Manson, Matt McLellan, and Alan Kornberg discuss current restructuring trends and actions that organizations should consider for a more effective restructuring process, including the importance of a robust insurance program. They also share their expectations for the D&O market in 2024 and talk about the changing regulatory environment. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

Global concerns about the impact of climate change took center stage during the United Nations’ Climate Change Conference, COP28, where government leaders from nearly 200 countries reached an unprecedented deal to start transitioning away from fossil fuels. In this episode of Risk in Context, Marsh’s Amy Barnes, Nick Faull, and Scott Williams, and Marsh McLennan’s Swenja Surminski discuss learnings from the conference and what these mean for businesses and their risk managers, share some of the actions that organizations are already taking or should be considering, and talk about expectations for 2024. You can access a transcript of the episode here. Download Marsh’s From Risk to Resilience: Adapting to a changing climate. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

Growing demand for clean energy is leading to a significant increase in interest and investment in renewable energy initiatives, with US$358 billion invested worldwide in renewable energy projects in the first half of 2023. In the United States, the Inflation Reduction Act is driving substantial economic investment through tax incentives that aim to lower the costs of renewable energy projects. These are attracting foreign entities interested in participating in the clean energy transition. However, investing in these large-scale projects can pose unique challenges, especially for those investors unfamiliar with the specific risks associated with these ventures. In this episode of Risk in Context, Marsh’s Alex Ackermann, Doug Halvorson, and Ben Roberts, together with Oliver Wyman’s Mei Shibata, discuss the questions that foreign investors tend to ask as they embark on renewable energy investments in the US, talk about the potential risks to be aware of, and share strategies to be considered when managing these exposures. You can access a transcript of the episode here.  For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X, formerly Twitter, and visit marsh.com

Many cities around the world are experiencing significant changes, in part due to transformative technologies, the evolving nature of work, and shifting requirements. These are bringing new risks and also opportunities for real estate owners and developers, and demanding more purposeful urban planning and action to develop buildings that suit the lifestyle of future residents and visitors. In this episode of Risk in Context, Rory Heilakka, a Partner at Oliver Wyman, speaks with Nikki Greenberg, the Founder and Chief Innovation Officer of Real Estate of the Future and a real estate futurist and innovation strategist, who spoke at the recent 2023 Marsh Global Real Estate & Hospitality Conference. They discuss the changes taking place in cities, the opportunities real estate owners and developers should seek to capitalize on, and the risks that cities of the future pose and may need to be managed. You can access a transcript of the episode here. Access insights from the 2023 Marsh Global Real Estate & Hospitality Conference and download Oliver Wyman’s A-Gen-Z report. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X, formerly Twitter, and visit marsh.com

Stretched supply chains, changing consumer preferences, and a shift to online retail are putting increased pressure on marine, cargo, and logistics companies, which are integral in the delivery of items from their point of origin to end customers, especially during the busiest shopping times of the year. In this episode of Risk in Context, Marsh’s Marcus Baker, Janelle Griffith, Dirk Segers, and Thiago Gonçalves discuss the evolution of the maritime and logistics ecosystem, the multiple challenges that are impacting global supply chains, and share opportunities and actions that risk managers and senior leaders should consider in order to build a more resilient and agile organization. You can access a transcript of the episode here. Download Marsh’s Marine, cargo, and logistics trends report 2023. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

The automotive industry is going through a major transformation, with manufacturers focusing on the electrification of vehicles and autonomy. And while these major automotive advances will bring a range of opportunities, they will also create new risks. In this episode of Risk in Context, Marsh’s Trevor Smith, David Carlson, and Didem Canturk, and Oliver Wyman’s Andrew Duhancioglu discuss the evolution taking place within the advanced automotive sector, the opportunities that this brings, and share advice on how to identify, quantify, and mitigate the risks. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

The construction industry is evolving at a fast pace, with several organizations using innovative technology, pioneering methods, and new materials to respond to a variety of challenges. Marsh’s Richard Gurney and Avi Khanna and Cheri Hanes, from AXA XL, discuss how groundbreaking technologies can help construction sites become safer and more efficient, and explore the various procurement and adoption factors that need to be considered. They also discuss how the data from new technologies can help underwriters price risk. You can access a transcript of the episode here. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com

The COVID-19 pandemic triggered major workplace transformations. Although the pandemic is over, many organizations have introduced hybrid work practices. And while this allows for more work-life balance, it has also introduced new risks for employers, ranging from at-home ergonomic injuries with potential compensability challenges to learning gaps and collaboration difficulties. This episode of Risk in Context addresses the challenges that the new world of work has brought and discuss the strategies employers can apply to mitigate these risks. You can access a transcript of the episode here.  For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and Twitter and visit marsh.com.