Risk in Context Podcast: Resilience Amid a Divergent Recovery
Marsh’s Risk in Context podcast series helps listeners better understand key risks, build more effective insurance programs, and think creatively about risk.
The Global Risks Report 2022, produced annually by the World Economic Forum with the support of Marsh McLennan and other partners, explores today’s serious and complex risk landscape amidst a divergent recovery from the COVID-19 pandemic. Martin South, Marsh’s President and CEO, and Carolina Klint, Marsh’s Risk Management Leader for Continental Europe, discuss the findings of this year’s report.
On technology’s role during the COVID-19 crisis:
“I think we’ve taken for granted the fact that technology has enabled us to power through the pandemic. Imagine what the environment would have been like 20, 30 years ago to try to deal with this.” – Martin South
On recovery from the pandemic:
“Now, two years from the onset of the COVID-19 crisis, the actions and behaviors of all stakeholders will determine how quickly the world recovers and embeds the resilience needed to prepare for the next major shock because there will be another next major shock.“ – Carolina Klint
On the need to focus on other risks:
“The pandemic obviously remains a pressing issue, especially as we see the omicron variant continue to post health risks to individuals, overwhelm medical infrastructure, and disrupt businesses. But businesses need to be mindful of a variety of risks whether related to climate change, geopolitics, social unrest, technology, space, or other areas.” – Martin South
On the next major crisis:
“The question that I get from clients quite often is: What is the next big thing? Is it going to be another virus? And I think looking at how things are shaping up, I think it might be a virus but I think it might be a cyber virus.” – Carolina Klint