Risk Consulting

The natural disaster in Germany this summer was a once-in-a-hundred-year event. In this article, we investigate how the flooding developed, the underlaying causes that are currently known, as well as the insurance claims that followed in the aftermath.

Today, rebuilding a facility or repairing business critical machinery can be more expensive, due to recent and substantial price increases in raw materials.

In this issue we are looking at flooding in Germany from last summer, as well as rising raw material prices and feature insights into the reasons why ransomware will continue to impact businesses into the future.

Three significant trends drive the energy landscape currently; the shift towards renewable energy sources, the electrification of society and finally the increased risks of weather-related losses.

Although human errors can be minimised or even prevented with advanced driver assistance systems, the question remains: are autonomous, self-driving vehicles safe?

There are several articles that might interest you in the Risk Consulting 2/2021. Did you already read them all?

All articles in Risk Consulting 2/2021 

Fire losses resulting from errors made and risks taken during hot work are all too commonplace. Failure to implement the simplest safety measures can result in expensive claims, impacting business operations from project delays to, in the worst case, loss of life.

Protecting your goods in transit, or in intermediate storage in conjunction with an insured transit, from loss or damage is vital. For many manufacturing and wholesale businesses, the supply chain is an instrumental part of daily operations.

There are several articles that might interest you in the Risk Consulting 1/2021. Did you already read them all?

Ransomware is a very powerful weapon, causing a disproportionately high amount of disruption for the financial gain. In 2020, the ransomware business has further evolved, and the criminal gangs have come up with new business models. 

Against current and future cyber threats, it is important to have an ‘Assume Breach’ mindset. Sooner or later, a cyber incident will inevitably happen. Whether the attack is a smaller or bigger incident, it’s crucial that you have prepared yourself for such a situation.

There are several articles that might interest you in the Risk Consulting Cyber issue. Did you already read them all?

One of the outcomes of the coronavirus COVID-19 outbreak has been the impact on global supply chains. These disruptions have impacted economies around the world and put companies at serious risk, interrupting the flow of goods and services in the global economy.

An unplanned shutdown of operations, whether due to a strike, catastrophic equipment failure, a pandemic, or other unforeseen sudden events is always a difficult decision that is ultimately harmful to business operations. Often such incidents can occur when least expected.

There are several articles that might interest you in the Risk Consulting 2/2020. Did you already read them all?

When does a project need Delay in Start-Up (DSU) cover? Are you prepared for unexpected delays in your project? Learn how you can protect your project and ensure that DSU risks are properly managed throughout the project.

Although many CAR/EAR projects are delivered smoothly, construction projects can face delays and unforeseen challenges that impact construction or erection works. Standstills and the temporary suspension of work on any project can lead to serious losses.

There are several articles that might interest you in the Risk Consulting 1/2020, Constructions issue . Did you already read them all?

Recently, media outlets from Japan to Norway have raised questions around fire safety and solar panels. Even when fires occur for reasons unrelated to solar panels, these modules can in fact play a role in both the intensity and speed of a spreading blaze.

The most simple and reliable way to prevent a hydraulic oil fire is to replace mineral oil with non-combustible fluid. Using electric or pneumatic drives instead of hydraulic drives will also prevent hydraulic oil fires. 

There are other articles that might interest you in Risk Consulting, issue 2/2019. Did you already read them?

Our international network is spanning 170 countries globally and serves our clients wherever they operate.

Does your company know how to spot internal dependencies? Gain insights on risks that lie in interdependencies.

There are several articles that might interest you in the Risk Consulting 1/2019 . Did you already read them all?