According to Marsh McLennan Agency’s Business Insurance Trends report, the top five risks businesses face today are economic inflation, catastrophic risk, corporate governance, litigation, and cyber risk. But what does this mean for your business?
Denise Perlman, president of National Business Insurance at Marsh McLennan Agency, published an article in her Forbes Council column diving into each of these risks, how they impact businesses in 2023, and considerations for risk mitigation.
“Each of these trends has a significant impact on businesses across industries. From increased scrutiny on your organization’s responsibility to the reduced available capacity for insurance coverage, on top of rising interest rates and complex cyber vulnerabilities, developing a strategy for minimizing your risk exposure can seem daunting,” writes Denise.
