Risk Management

Recognizing your cognitive biases (confirmation, availability, etc.) is the first step toward sidelining them and making better decisions.

Cyber and business interruption top Allianz's annual survey, while nat cats, fire, explosion and political risks are the biggest risers. 

Political risk, financial pressures, the complexity of AI, fallout from bank failures and claims related to ESG all pose challenges.

When adjusting catastrophe models for current and future climates, consider whether unquantified risks could be lurking in the tail.

Though historically neglected, agribusinesses now have innovative technologies, granular data and specialized risk management tools.

Monitoring operators' greenhouse gas emissions, which is now broadly possible, sheds considerable light on the extent of a risk.

Implementing strict procedures can prevent unnecessary customer complaints, eradication costs and business interruption.

In this Future of Risk Conversation, John Sviokla discusses the game-changing impact of generative AI and advises executives on how to harness its potential for a competitive edge.