Tags ArchivesAndres Franzetti

Leader’s Edge: Moving Beyond Talk standard

Integrating minority businesses into the insurance ecosystem is no easy task, but doing so broadens opportunity and builds a platform for sustainable diversity in the industry. This article was written by Maureen Brody and published in the January/February 2021 issue of  The Leader’s Edge Magazine The diversity, equity and inclusion movement has gained considerable traction over the past year. But there is a sense among some that the insurance industry needs to go beyond roundtable discussions, guidance and sensitivity training to develop solutions that actually bridge the gaps in experience and trust that still exist between the races. Among The Council’s membership, partnerships with minority-owned enterprises are garnering good feedback and true opportunity for minorities in the insurance placement process. ...

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How Cyber Risk, Food Insecurity, Social Unrest and Economic Fear Will Color 2021 and Beyond standard

With 2020 officially “in the books,” focus now shifts to what the year ahead has in store. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights With recently developed vaccines for COVID-19 being distributed, there is burgeoning hope of getting the pandemic under control, yet hesitancy and fear still abound regarding what new risks 2021 may bring. This prior year tested the resiliency of governments, companies, and families alike with a range of complex risks. If one lesson was gleamed from 2020, it was the need for better preparedness and the exposure of vulnerabilities of our global markets leading to disruption. The COVID-19 vaccinations are certainly promising, but they alone ...

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Risk Cooperative CEO Named to Washington Business Journal’s Business of Pride Class of 2020 link

WBJ award honors business leaders who have advanced LGBTQ equality in the Greater Washington DC community. Washington, D.C. November 13, 2020 – Risk Cooperative CEO and Co-Founder, Andres Franzetti, has been named a 2020 Business of Pride Honoree by the Washington Business Journal on October 2, 2020. The award recognizes Mr. Franzetti’s tireless advocacy of diversity in the workplace and in the broader community. Carrying this philosophy forward, Andres and his co-founders have established Risk Cooperative as a highly diverse, minority and LGBTQ led firm in an industry that is often perceived as more conservative and predominantly male-dominated. “I am honored to join such a distinguished group of business leaders. Building a diverse financial services firm, comprised of all races, ...

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Blockchain Insurance Applications and Their Role in Building Resilience standard

Insurers have been increasing their adoption of technology like blockchain to help build resiliency and manage risks. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The global COVID-19 pandemic has caused tremendous damage, claiming millions of lives while wreaking havoc on the global economy. While companies have adopted more technology solutions to combat business disruptions, their overall financial resiliency remains particularly vulnerable.  Companies are not alone in their predicament; the average household faces economic headwinds in the wake of the pandemic. The World Bank estimates as many as 150 million people will be pushed into extreme poverty by 2021 as a result of COVID-19 and its economic impact. With ...

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Levick eBook Series, Volume 5 | Cybersecurity & Privacy standard

The newest volume of the Levick eBook series features a collection of articles and broadcast sessions around the topics of cybersecurity and privacy. Risk Cooperative CEO Andres Franzetti spoke with Richard Levick in a session of What’s Working in Washington called True Costs of Hacking about the real impact of hacking, collateral damage, the integrity of information, and the real costs of cybersecurity. Subscribe to Insights Newsletter

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Leverage the Insurance Industry to Drive Climate-Proof Development standard

This piece was written for the 21st Century Diplomacy project to address climate change and financial stability.  Learn More As the global economy becomes increasingly interconnected, so too have the risks. A single disaster or event in one region can have severe implications felt halfway around the globe. No single risk illustrates this interconnectedness better than climate change. The increased frequency of extreme weather events and their growing intensity is affecting every facet of the world and humanity. Extreme weather events have created added strain on global food production, caused supply chain disruptions, and are constantly testing the endurance of global infrastructure as well as financial resiliency. Addressing climate change is a complex and daunting task that requires an international ...

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21st Century Diplomacy: Foreign Policy Is Climate Policy standard

Because foreign policy is climate policy, climate change is poised to upend the 21st century world order. It will redefine how we live and work, and change the systems of production, trade, economics, and finance. Yet, the world is woefully underprepared for climate change’s cascading impacts. COVID-19 has only underscored the inadequacy of our responses to global crises and heightened the urgency of this call to action. 21st century diplomacy will have to raise climate ambition, shape the transformative systems change needed, and promote and facilitate new modes of multilateral collaboration. To chart a new course forward, the Wilson Center and adelphi invited a diverse set of foreign policy leaders, analysts, and thematic experts from around the globe to elucidate ...

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Why the Department of Defense’s Cyber Security Strategy Is Worth Emulating standard

Risk Cooperative helps organizations build cyber resiliency and implement pro-active cyber risk management strategies.  Learn More While 2020 has given the U.S. a multitude of challenges to manage simultaneously, a perennial pandemic that has been buried in the headlines must never be ignored — cyber breaches. The ongoing COVID-19 pandemic has exacerbated cyber risks as corporations shifted operations to a nearly 100% virtual environment. This has created the perfect environment for cyber criminals, who have increased their attacks drastically since the start of the global pandemic. There was a 48% increase in cyber attacks the day the U.S. announced its 1st COVID case, a 64% increase when states declared emergencies, a 28% increase when Italy locked down, and a 22% increase when WHO ...

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RC Quick Takes – Roadmap to CMMC Compliance standard

Contact us today   Learn how you can safeguard your organization’s customers, resources, and future with a 30-minute consultation. Despite COVID, deployment of requirements for CMMC compliance are moving forward, and so must contractors' preparations to meet them. While many businesses have halted operations during the ongoing COVID-19 pandemic, the Pentagon has been steadily moving ahead with its implementation of the Cyber Maturity Model Certification (CMMC) program for Department of Defense (DoD) contractors. Although the timeline has shifted slightly, contractors should be preparing for certification now if they wish to continue bidding on potential contracts. While the CMMC requirements and auditing process continue to evolve, the following five step roadmap can help companies plan ahead and ascertain which certification level they must ...

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Universities at Risk: A Virtual Town Hall standard

How are you preparing your academic institution to operate successfully in the wake of COVID-19?  Many academic institutions are reasonably focused on the hurdle of reopening safely for the fall 2020 semester. But, it is imperative to not only evaluate how to protect the health of their students, faculty and staff. You must also consider how to protect the schools' financial health as various revenue streams continue to be impacted. Have you asked your team: Have we mapped the organizations' revenue streams and the risks they face? How can we mitigate damages from cancelled events or travel programs? How might our international student community be impacted by political risk? Do we have effective enterprise risk management strategies in place? Have we prepared for challenges that go beyond ...

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