As the hospitality, travel and leisure industry continues to rebuild from the devastating effects of the pandemic, it faces both new and familiar challenges. Economic uncertainty, rising costs and talent shortages make day-to-day operations more difficult, while emerging risks, such as climate change and cyber attacks, present emerging threats.
Going forward, focusing on novel human capital strategies and the total cost of risk, alongside effective risk management and risk transfer strategies, will be vital. For example, the use of new risk financing strategies and captive or protected cell captive insurers is likely to accelerate.
Our experience enables us to provide human capital, risk management, risk mitigation and risk transfer advice tailor-made to the industry. Whether it’s better equipping your organization to deal with external business interruptions, attract and retain key talent, or helping to ensure you’re protected against data breaches, our advice is designed to enhance your ability to pre-empt and respond to the challenges you face.
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he aviation industry is watching the rise in nuclear verdicts with concern as social inflation and associated risks continue to squeeze the sector. Organizations should review their risk management processes to limit the dollar value of future losses.
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As casualty volatility increases and financial scrutiny intensifies, risk leaders must do more than structure insurance programs. They must quantify and communicate how limits, retentions and program design align with enterprise risk tolerance and capital strategy.
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Retailers in North America are navigating intense competition, shifting consumer demands and rising costs. Add to that a wave of evolving risks — from cyber to litigation — and the pressure mounts. These six insights can help retailers rethink their risk strategy.
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Spanish energy multinational, Iberdrola – a leader in grids, storage and clean energy – talks with Aon about its efforts to adapt and respond to climate impacts through its shift towards renewables and building a workforce for the future.
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