Willis Towers Watson Wire
Claims against directors for failure to insure against cyber risk are more likely now
Tue, 19 Mar 2019 20:42:31 +0000
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You would have thought it would be a good idea to have a complete answer to a data breach claim. Not so. That was the surprising (to some) outcome of a recent Court of Appeal decision claim in a case …

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Connecting emotional wellbeing and the employee experience
Mon, 18 Mar 2019 20:06:30 +0000
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Employers looking to improve productivity should consider addressing the emotional wellbeing needs of employees. Providing emotional wellbeing and resiliency programs supports your diverse multi-generational workforce. Emotional wellbeing needs can manifest in a variety of symptoms linked to multiple aspects of …

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Changing the face of the risk function….
Wed, 13 Mar 2019 17:46:58 +0000
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When some risk management teams are asked to weigh in on a business decision, they boil the question down to a matter of accept or reject. But in limiting their answers to a binary choice they’re missing a trick.

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Unrest and uncertainty: Understanding the consequences of Brexit for businesses
Mon, 11 Mar 2019 15:52:57 +0000
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One of the primary consequences of Brexit could be the continuing ability of law enforcement to share information and coordinate their activities.

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Risk heat maps: Moving from fear to danger to strategy
Fri, 08 Mar 2019 19:52:41 +0000
Woman holding a tablet while a man next to her points to something on the screen

This is another article in our “Year in the Life of the Strategic CRO” series. Paul and Dave look at the heat map and discuss how it can become a more strategic tool. The risk heat map is a popular …

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4 key geopolitical risks likely to affect aviation industry this year
Fri, 08 Mar 2019 07:00:35 +0000
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The key to understanding and mitigating geopolitical risks is a holistic view of the risk landscape. By analyzing operating contexts through multiple lenses – such as people, business resilience, investment, cyber, reputation, and climate and environment – a whole spectrum of interrelated risks become visible.

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Silent cyber risk: Insurers must try harder
Wed, 06 Mar 2019 14:37:34 +0000
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Remember this? “The PRA expects that all Solvency II firms robustly assess and actively manage their insurance products with specific consideration to non-affirmative cyber risk exposures. This includes all property and casualty (P&C) covers which could give rise to cyber …

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3 key ways to mitigate the impact of active shooters and other assailant attacks
Tue, 05 Mar 2019 14:38:03 +0000
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While terrorist incidents worldwide have fallen from their peak in 2016, active assailant attacks, including active shooter incidents, remain a significant threat in advanced economies — and fatalities are increasing, according to the FBI, Europol the U.S. Department of Homeland Security (DHS).

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The top 5 human resources priorities for Asia Pacific
Mon, 04 Mar 2019 07:00:09 +0000
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In 2018, we saw HR organizations face escalating challenges around digital transformation and social change. These will surely continue into this year, thus we have identified these five priority areas in which HR must thrive in 2019: 1. Commercial acumen …

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What’s the barometer reading for incentive payouts when natural catastrophes take their toll?
Fri, 01 Mar 2019 07:00:56 +0000
aerial view of a tropic storm in the ocean moving towards land

Two tough years of natural catastrophe (CAT) events have battered property & casualty (P&C) insurers’ annual incentive plans (AIPs). But should plan participants, including underwriters, be held responsible for the weather? 2018 Willis Towers Watson pulse surveys on P&C insurers’ …

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