We live in a world of tremendous uncertainty where businesses are increasingly challenged to adapt to a rapidly evolving risk landscape. Economic instability, rising geopolitical tensions, technological disruption, cyber threats and the energy transition, are just some of the concerns for boards and businesses globally. Companies need to prepare for risk and maintain resilience. In this episode of The Next Five, Vince Tizzio, President and CEO of AXIS highlights the important role that the insurance industry plays in managing risk, and the need for specialisation and collaboration within industries. John Doyle, CEO of Marsh Mclennan, discusses the increasing climate related risk landscape and how technology is being used to help map global risk, as well as the risk reward balance of technologies such as AI. Mark Erickson, Global Head of the Financial Institutions Group at BlackRock offers insight into Blackrock's recent report on the insurance industry's views on climate and AI risk and opportunity. Sources: FT Resources, WEF, Mckinsey, EIOPA, KPMG, Swiss ReThis content is paid for by AXIS and is produced in partnership with the Financial Times' Commercial Department. Hosted on Acast. See acast.com/privacy for more information.