As I reflect on an article I wrote in 2018 on "Turning Risk and Compliance function into a competitive edge", I notice that the world has significantly changed over the last five years due to black swan events (like Covid-19), geopolitical upheavals affecting supply chains (like situation in Middle east and Eastern Europe) and tech advances (like AI, robotics) have reshaped the risk landscape. Risk professionals must now adapt faster than ever to navigate these disruptions to ensure business resilience.
Here, I highlight five aspects that can help us better prepare for the future:
This story is from the November 2024 edition of THE INSURANCE TIMES.
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This story is from the November 2024 edition of THE INSURANCE TIMES.
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I notice that the world has significantly changed over the last five years due to black swan events (like Covid-19), geopolitical upheavals affecting supply chains (like situation in Middle east and Eastern Europe) and tech advances (like Al, robotics) have reshaped the risk landscape. Risk professionals must now adapt faster than ever to navigate these disruptions to ensure business resilience.
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