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Finding time becoming a risk in itself

With so much on the to-do pile, it would be no surprise if risk managers were struggling to find time to contemplate future risks and their consequences, warned HDI Global executive board members Claire McDonald and Dr Mukadder Erdönmez, as they spoke to insurance magazine “Commercial Risk Europe” for the Risk Frontiers Europe 2022 survey.

Both of the HDI Global executives put a systemic cyberattack at the top of their risk lists going into 2023. They also agreed that Europeans might struggle with such things such as energy blackouts this winter.

“At the same time,” McDonald added, “we should approach the current worrying circumstances with the aplomb and professionalism that is in the genes of our industry. Risk managers, brokers and our underwriters are used to dealing with crises and risks. Together we will be able to take good precautions and find good insurance solutions for many of the operational risks that are threatening European companies now and in the coming year.”

Follow this link to read the full interview

Follow this link to read Commercial Risk Europe’s Swiss Risk Frontier report on its website