Tags ArchivesAndres Franzetti

In Summary – 2021’s Top Risks in Review and How We Can Anticipate the Ones to Come in 2022 standard

Recalling our 2021 predictions, we take stock of the lessons-learned in the past year in order to help build resiliency for the coming year.   Below is a summary. Additional details are outlined in the full article published by Risk & Insurance.    Read Full Article With the year coming to a close, hopes are shifting to the new beginnings that 2022 may bring. To help prepare for what lies ahead we must also review what has transpired over the past year – and notably, if actual events aligned with the risks we predicted. Four risks are summarized below, based on how they were assessed in January of 2021 and then again in January of 2022. Prolonged Recovery and Economic Strain ...

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Be Locally Driven standard

Global cooperation became more problematic during the pandemic with the rise of vaccine nationalism and other forms of protectionism. We must shift toward paradigm of cooperation post-pandemic to meet transnational challenges. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights As 2021 enters its waning months, a somewhat return to normalcy seems to be within reach. For the past one and a half years international borders have shuttered and reopened, travelers struggled with diverse quarantine policies, and the international transfer of goods was delayed due to pandemic-influenced supply chain disruptions. Numerous landmark events have left an indelible mark on the world; military conflicts, 911, the 2008 global economic crises, but ...

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Local Business Co-founder, Andres Franzetti of Risk Cooperative, Named to NSBA Leadership Council link

Andres Franzetti joins NSBA Leadership Council to help build a more resilient small business community. Washington, D.C. August 31, 2021 -Andres Franzetti, CEO and Co-founder of Risk Cooperative, was recently named to the National Small Business Association (NSBA) Leadership Council. The NSBA is the nation’s oldest non-partisan small-business advocacy organization. Mr. Franzetti, a recognized leader in Washington’s small-business community, joins the NSBA Leadership Council alongside other advocates from across the country as they work to promote the interests of small organizations to federal policymakers. “As the founder and owner of a minority small-business, I have experienced first-hand the many challenges small businesses face while trying to survive the critical early years, from access to capital and navigating regulatory and compliance ...

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CEO’s Talk Cyber Risks & Resiliency standard

Risk Cooperative CEO, Andres Franzetti, recently joined Steve Lewis from Dataprise to discuss the current cyber risk landscape, how to prepare for a cyber attack, and ways to go beyond compliance for true cyber resiliency. In the wake of headline-grabbing attacks like SolarWinds, Colonial Pipeline and Kaseya, cybersecurity is a top concern for businesses of all sizes. And the costs for recovery are rising. "The risks are intensifying at a really alarming rate," says Dataprise CEO, Steve Lewis. With both state-sponsored hackers and garden-variety criminals experiencing great success targeting firms with ransomware and other cybersecurity threats, the risk landscape is quite serious. Frequent Cyber Attacks Are Impacting the Cyber Insurance Markets According to Andres Franzetti, Co-founder and CEO of Risk Cooperative, "A ...

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The Calamitous Surfside Condo Collapse: A Climate Resiliency Lesson All Insurers and the Government Can Learn standard

While no evidence has linked climate change and the Surfside collapse, many speculate it could be a factor. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights The impact from the tragic condominium building collapse in south Florida is still reverberating throughout the country. This horrific disaster has raised new concerns as well as renewed the debate around climate change’s crippling effect on the nation’s infrastructure. As rescue efforts continue, elected officials are reviewing existing regulations, and insurers look to reduce their exposure in the region. Rather than working in isolation, both should be focused on implementing new climate resilient building standards to ensure we can better safeguard the public and the country’s ...

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Cyber 360° Webinar Series standard

Session 1: Exposing & Mitigating Cyber Vulnerabilities Cyber risk assessments form the foundation of an organization’s risk mitigation strategy by not only developing organizational cybersecurity awareness, but also by identifying an organization’s unique vulnerabilities. The presenter will provide a brief overview of sources of risk (third parties, IoT, hacking, phishing) and sobering data regarding the average impact of a cyber attack. Companies must leverage every resource available to establish a layered and proactive defense. The biggest cyber threat to an organization often lies between the chair and the keyboard, hence the human element is an important part of the cyber equation. Educating staff via cyber hygiene training can turn employees from “cyber liabilities” to “vigilant proactive deterrents” against cyber-attacks. Coupled with ...

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America is Woefully Unprepared for Climate Change standard

To enact a meaningful climate plan, investing in climate-resilient infrastructure needs to be a top priority. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights Our climate plan has failed. For any in doubt, look no further than Texas. Extreme weather like the recent arctic winter storm that crippled the Texas power grid and left millions in freezing temperatures without heat or water, is our current climate reality. While net-zero targets remain crucial to curbing rising global temperatures, they do nothing to address the effects climate change are having on infrastructure and on our daily lives today. To enact a meaningful climate plan, investing in climate-resilient infrastructure needs to be a top priority. The nation’s long-neglected ...

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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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