This replay was recorded from a live workshop which took place on 13 October 2020 at the European Risk Management Seminar organised by FERMA: [ Ссылка ]
The COVID-19 pandemic created a systemic risk to global supply chains, which were already one of the most complex exposures to understand and assess. Almost every business and every country have been affected and experienced severe disruptions to business operations. The impact on countries like China has demonstrated the limits of concentrated production and supply and global logistics.
We will consider how robust interconnected services have been under the unprecedented strain. What have we learned about business interruption? What are the lessons for recovery? Do we need new mitigating strategies? What will the role for artificial intelligence be?
COVID-19 brought to light new dimensions of risk – are well-established responses still fit for purpose?
Will it be back to business as usual – or has global landscape changed, as it did after 9/11.
How can insurers manage the global aggregate of losses?
What are the cyber risks in supply chains and how can we manage them?
KEY EDUCATIONAL MESSAGE
In this session, risk managers will learn how to increase the resilience of supply chains to interconnected risks that can range across the globe. They will gain additional insights into techniques for modelling and analysing global pandemic risk, plus an understanding about how the risk transfer market may (or may not) respond.
More details about the workshop here: [ Ссылка ]
