The European Forum for Risk and Insurance professionnals
Geopolitics is not confined to discussions in think-tanks or academic circles. It has to be seen as a direct and dynamic issue for all organisations with an international footprint. In increasingly volatile times, accentuated by the Covid-19 pandemic, previously stable regions can be both the theatre of an increase in familiar risks and one of emerging or unknown risks. Climate change is an additional risk driver. When geopolitical forces create disruption, the focus has to be on anticipating change. Advance preparation creates the ability to successfully manage the challenges and gain a competitive edge. This requires a cross-function approach to develop and coordinate effective strategies.
Key Educational Message
This session will present practical examples of scenarios that represent potential realities that have not been dealt with before. It will consider what lessons can be learned from attempts to address these issues. Risk managers will be able to reflect upon these lessons in terms of what we thought that we knew and what we thought.