The current economic climate provides opportunities to the best managed companies, but is challenging everyone to drive down their costs. Most are not solely focused on minimising their total cost of risk, but also in optimising opportunities by having better control of the financial impact of surprises and creating competitive advantage with a more creative approach to insurance and risk management.
To better understand the impact of the economic downturn on organisations, Marsh commissioned an independent research agency, Ipsos, to conduct a survey of risk management in Europe. The survey examined attitudes to risk, including risk priorities, strategy, management and solutions. Over 700 senior executives were interviewed, spanning 12 countries and 7 industry sectors. The industries we spoke to were:
The results of this research have been published in seven industry reports. The main areas of concern now and for the coming year are customers, credit and suppliers. However, each report lists many other risks that are causing concern, as well as analysing how organisations in all sectors have changed their appetite for risk, and the structure of how they manage risk.
Executive highlights for each report are available below. For more information or to obtain any of the full reports, please contact us using the details on the right of this page.