Recent emergencies have changed how many organisations invest in resilience and think about risk, especially in terms of planning and prevention.
The pandemic and the events in Ukraine, have raised a number of disruptions and shocks forcing businesses to implement untested processes that are significantly testing their longer term resilience.
Heidi Carslaw, Managing Director at Mactavish, discusses the developments we are starting to see in the insurance market, in response of the crisis, and calls on the industry to be more demanding in the business analysis of risks and operations to implement adequate risk placement strategies and build resilience for the future.