Andres Franzetti, CEO and Cofounder of Risk Cooperative, shares where he thinks the risk management industry could grow and how the pandemic fostered resiliency. Below is a summary. Additional details are outlined in the full article, written and published by Risk & Insurance. Read Full Article “One of my key accomplishments, certainly, is Risk Cooperative and the terrific team that makes it work. I’m very proud of the highly diverse team we’ve built and that we have been able to hold true to our founding principles,” says Andres Franzetti. Interview Highlights: On Changes in Risk Management | “I think this is the biggest change in our industry as the risk landscape continues to grow more complex and interconnected. Companies are ...
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In the ‘new normal’, companies of all sizes have prioritized operational resiliency, yet succession planning remains a large gap for many small- to mid-size business. Below is a summary. Additional details are outlined in the full article, published by Risk & Insurance. Read Full Article Growing companies often purchase additional insurance coverages to better mitigate risks exposure, including that of its board and directors. Yet an often-overlooked component can leave companies vulnerable to financial ruin: the buy-sell agreement. Key takeaways: Employees Depend on the Resiliency of Small Businesses | Less than half of SMEs have succession plans in place, making difficult ownership transitions even more so. In the U.S. there are 6 million privately held firms with multiple employees ...
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Listen Here Andres Franzetti, CEO, was featured on BBC's Business Matters. Listen as he covers pressing global issues.
Vivienne Nunis is joined by Chief Executive Officer at Risk Cooperative Andres Franzetti and Member of the World Economic Forum’s Expert Network, Yoko Ishikura.
The Federal Reserve said it would increase its key interest rate by three quarters of a percentage point and the panel discusses what it means for the global economy.
Vladimir Putin and his Chinese counterpart, Xi Jinping, have agreed to deepen their strategic cooperation, in what's reported to be their second phone conversation since Russia's invasion of Ukraine. Chief Executive Officer at Risk Cooperative Andres Franzetti shares his thoughts on how Washington might view ...
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Trusted Magazine provides decision-makers, executives and managers with information they can trust on management, HR, and leadership. Recently, Trusted Magazine reached out to Risk Cooperative CEO, Andres Franzetti to share his experiences and insights on about his path to managing an independent, minority-owned insurance brokerage. Read the Q&A on Trusted Advisors Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights
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Disruptions to the global supply chain, made vulnerable by COVID and destabilized by war, could be exacerbated by Russian sanctions. Below is a summary. Additional details are outlined in the full article, published by Risk & Insurance. Read Full Article As the conflict in Ukraine continues to unfold and the world anxiously awaits a peaceful resolution, the effects of Russia’s aggressions are reverberating around the globe. Key takeaways: Impacts of Sanctions & Shortages | With billions of dollars removed from the Russian economy by sanctions, shipping embargoes, and the voluntary closure of corporate operations, limited production of critical resources the region is adding to the current economic pressures. Revisiting Political Risk Insurance | Firms have been too complacent in terms ...
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Listen Here Andres Franzetti, CEO, was featured on BBC's Business Matters. Listen as he covers pressing global issues.
Russia has said it will "drastically reduce combat operations" during negotiations in Turkey and financial markets reacted positively to the news. President Biden's top official on sanctions says companies have a choice to make on whether they continue to do business in Russia.
The war in Ukraine is halting moves to limit the use of palm oil, which causes deforestation in Asia, as the price of one alternative, sunflower oil, has increased massively since the conflict began. Talks in Geneva to reverse the loss of nature and halt extinctions are in their final day; Patrick Greenfield, biodiversity reporter for the Guardian, and Dr ...
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Risk Cooperative CEO, Andres Franzetti, recently joined JP Ruiz from Dataprise to discuss maintaining business continuity and reducing key person dependency risk.
Key Person Dependency Risk or KPDR is the risk that occurs when an organization relies on a few individuals for continued business operations due to their proven knowledge or skill. These individuals may be in leadership positions, but they could just as easily serve in any department, such as IT or HR.
Workforce Turnover Exacerbates Existing KPDR Vulnerabilities
When organizations don’t properly manage their KPDR, their business continuity plans are at risk from workforce turnover. In 2021, more than 47 million employees voluntarily left their jobs for a variety of reasons, including improved work/life balance, company culture, and compensation.
“The Great ...
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The ongoing Russian aggression in Ukraine has highlighted the resolve of the Ukrainian people and the highly volatile nature of our geopolitical landscape. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk. Subscribe to Insights While tensions with Russia have flared in the past, Putin’s invasion of Ukraine has raised the stakes for conflict between Russia and Western allies. Corporate leaders have started confronting this new reality, both in terms of demonstrating solidarity with Ukraine as well as increasing sanctions against Russia. Companies like Shell, Exxon, and even shipping giants like Maersk have shut down business operations and dealings with Russia. What was once viewed as a promising new market has quickly ...
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Listen Here Andres Franzetti, CEO, was featured on BBC's Business Matters. Listen as he covers pressing global issues.
The Ukrainian government has said its websites and banks have been hit by cyber attacks. We hear from General Keith Alexander, the former director of the US National Security Agency and founding commander of United States Cyber Command.
Earlier this month, after years of delay, a deal was signed by the French energy giant Total Energies giving the green light to a controversial pipeline running from Uganda to Tanzania. The project's backers say it will usher in economic development across the region, but activists question the environmental impact of the project, as the BBC's Joshua Thorpe has been finding out.
A new study has ...
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Listen Here Andres Franzetti, CEO, was featured on BBC's Business Matters. Listen as he covers pressing global issues.
This episode begins with reporting from Accra, Ghana where there's been a huge explosion, followed by a coverage of the dramatic consequence of last week's submarine volcanic eruption and resulting tsunami in Tonga. The government of Peru says it's now grappling with the country's worst ecological disaster in years - because the tsunami prompted an oil spill at a refinery on the coast at Ventanilla.
What's it like for a business operating in the midst of one of the world's geo-political hot spots? Hear from Oleg Chernyak, who works for CHI Software near the eastern border with Russia. Also, learn how rising food ...
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