September 24 is the date of the German federal elections. It is another event in an eventful period for Europe. Companies are in a complex environment characterised by fierce competition, increased regulation, shifting business models and unstable social and economic situations, says Kadidja Sinz one of the panellists in the Forum session Europe at the Crossroad.
“It is becoming more difficult to distinguish between risks that threaten a company’s survival and those that present operational challenges, explains Kadidja who is Head of Europe for Liberty Specialty Markets. “More risks and more difficulty in quantifying has led to a shift in priorities.”
Today, she says, business face two questions: How easy is it to model a company’s unique risk profile in a sustainable way? And what is the right level of investment in loss prevention, mitigation and risk transfer in a world where these costs are directly hitting margins as consumers and societies are less willing or able to bear the cost?
For risk managers, it is both an opportunity for more robust risk management and a challenge, as regular access to the right decision makers becomes even more crucial, states Kadidja.
Europe at the crossroad, Tuesday, 17 October 2017 from 09:30 to 10:15