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Willis Towers Watson

Partner
Risk management is on boards' and shareholders' agendas. Increasingly the pressure is on business leaders to demonstrate control over business risk and its cost impact. Organisations recognise that without insight into the likelihood and consequences of risk on business planning, decisions may be made blind, or in many cases blinkered from the exposures and opportunities that exist within other areas of the business.

Organisations are exposed to a wide range of risks that are derived by the actions of individuals and groups of employees. To better understand and manage these risks, companies need to examine how they are created and framed within the business's individual risk culture. By assessing both leaders' and employees' views, behaviours and propensity to take risks, companies can start to address these challenges. We can help businesses to get to grips with the issues, attain support complying with the regulatory requirements, and make meaningful and positive organisational change.

We work with individuals who are responsible for risk and insurance within their organisations, helping them to promote long-term risk management and insight, as well as support their immediate risk mitigation, transfer and retention needs.

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries, our regional teams are located close to our clients. We take time to get to know each business' needs and industry, to fully understand the unique set of risks each faces. We design and deliver solutions that manage risk, optimise benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance.

 

THE FUTURE OF WORK

We are at the beginning of a fourth industrial revolution. Technologies are fusing, blurring lines between the physical, digital and biological worlds, and technological breakthroughs like artificial intelligence and robotics will continue to evolve. This transformation promises to alter the world of work permanently. Is your organisation prepared?
 

INSIGHTS ON THE EU’S GENERAL DATA PROTECTION REGULATIONS (GDPR)

General Data Protection Regulation (GDPR) will come into effect on 25 May 2018. Data protection will become a significant compliance risk for organisations, accompanied by significant regulatory sanctions. It will no longer be an area in which businesses can afford to take casual risks. Fines will rise to as much as 4% of global turnover for breach of law, including data breach.

 

UNDERSTANDING EMPLOYEES IS KEY TO CHANGING RISK CULTURE

Managing risks related to an organisation’s human capital is critical. Businesses invest heavily in policies and procedures, and hope that it’s enough. Few are willing to ‘lift the rug’ and understand what is truly driving their risk culture. By understanding the attitudes, beliefs and motivations of employees, we can recognise what drives their behaviour, and the way in which organisational policy may adversely affect their attitudes to risk.

 

COST OF NETWORK INTERRUPTIONS FOR FINANCIAL INSTITUTIONS

The cost of network interruption is frequently overlooked as emphasis is far more readily placed on the possibility of cyberattacks. This is despite the fact that around two thirds of network interruptions experienced by financial institutions are thought to be a result of internal failures….

 

Contact
Telephone
020 3124 7997
Email
airmicmarketplace@willistowerswatson.com
Website
Address
51 Lime Street
London, EC3M 7DQ
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