Tags ArchivesLes Williams

2022 | Risks in Review standard

Reviewing our predicted 2022 hurdles to pandemic recovery, we take a fresh look at how these issues are still at play one year later. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights As the world enters the fourth year of the COVID pandemic, it is increasingly clear as new ripples of impact spread from the initial catastrophic health crisis — we aren’t in the clear just yet. One year ago we predicted four particular challenges to pandemic recovery we would need to grapple with in 2022. How have the events that transpired over the intervening months aligned with our predictions? Let’s see. U.S. Local, State, and Federal Governments ...

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In Summary – What’s Driving the M&A Uptick in Health Care standard

M&A is surging in health care. Les Williams weighs in on the risks and rewards of industry mergers and acquisitions. Below is a summary. Additional details are outlined in the full article, written and published by Risk & Insurance. Read Full Article “Health care is like the perfect storm of complex billing, complex staffing, complex operations,” said Les Williams, co-founder and chief revenue officer at Risk Cooperative, in an interview for a piece written by Autumn Demberger at Risk & Insurance®. This piece is a natural follow up to an article he authored on the topic of changes in the health care industry after Anthem rebranded as ElevanceHealth. It analyzes the trend towards new M&A deals in health care over ...

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In Summary – Airline Business Interruptions Threaten Margins standard

While airline profitability remains elusive and traveler numbers unpredictable, the industry must look at ways to mitigate airline business interruption risk. Below is a summary. Additional details are outlined in the full article, published by Risk & Insurance. Read Full Article The recent U.S. District Court ruling overturning the mask mandate is a clarion call that “America is officially open for business,” but it comes at a precarious time. Key takeaways: Pilot Shortages & Curtailed Schedules | Combined with high fuel prices, the drastic shortage of approximately 8,000-12,000 pilots has resulted in fewer destinations, and fewer flights. Expect Delays for Summer Travel | As the U.S. emerges from COVID-19 lockdowns, air travel is increasing while the busy travel season kicks ...

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In Summary – As Global Tensions Continue to Rise, How Will Supply Chains Fare? standard

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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BBC World Service: Sri Lanka Faces its Worst Economic Crisis in Over 70 Years standard

Listen Here  Les Williams, Chief Revenue Officer, was featured on BBC's Business Matters. Listen as he covers pressing global issues. Sri Lanka is due to start negotiations with the International Monetary Fund next week and it's just emerged that India, its northern neighbor, may be willing to commit up to another $2 billion in financial assistance, along with food and fuel aid. Also, a court in Jersey has now seized 7 billion US dollars worth of assets linked to the Russian billionaire Roman Abramovich. He is on the UK and EU sanctions list, and is now unable to access items such as his yachts, or Chelsea Football Club. So, what does this step from Jersey mean for Mr Abramovich? Plus, Russia is ...

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In Summary – An Uptick in Health Care M&As is Just What the Doctor Ordered. Here’s One Risk Expert’s Prescription. standard

Expanding their value proposition, Anthem is the most recent health insurance provider to rebrand and reposition their role for consumers.   Below is a summary. Additional details are outlined in the full article, published by Risk & Insurance. Read Full Article Anthem BCBS is diversifying its positioning in the marketplace by rebranding itself as ElevanceHealth Inc.  But, a quick inspection of the healthcare industry shows that Anthem is not alone in the quest to broaden its value proposition via technology. Key takeaways: Whole-Health Approach | Anthem has undertaken several acquisitions recently in order to address health drivers beyond traditional treatment models. Follow the Leader | This announcement follows the example of previous mergers and acquisitions in the healthcare space that have ...

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RC Quick Takes – Who Will Be First? The Race for a Single Payer Healthcare Plan in the U.S. standard

Though “Medicare for All” was backed by many federal lawmakers, the legislation never came to pass despite reaching a fever pitch in 2019. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights In January, the California legislature nearly voted to eliminate most private insurance in favor of CalCare, which would have been the first single-payer healthcare system in the country. When lawmakers concluded there wasn’t enough support, the legislation was pulled from consideration. However, California is just the most recent state attempting to expand healthcare at the state level. In recent years, many states, including New Mexico, Maine, Nevada, Delaware, Oregon, Connecticut, Wisconsin, Michigan, Illinois, and Massachusetts, have explored ...

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RC Quick Takes – 4 Challenges to Pandemic Recovery in 2022 standard

As the world closes the chapter on the second year of the pandemic, the risks created by the novel coronavirus continue to impact humanity.  Our 2022 predictions include four key challenges. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights As of early December, the World Health Organization (WHO) reported that over 5.2 million deaths were attributed to COVID-19 since the start of the pandemic in 2020.  Approximately 45% of this death toll can be attributed to The Americas Region, comprising North, Central, and South America.  The United States holds the dubious distinction of leading all countries globally with over 783,000 deaths, while Brazil is in second place with ...

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BBC World Service: Business Matters, Belarus Threatens to Cut Off Gas to the EU standard

Chief Revenue Officer, Les Williams featured on BBC's Business Matters. Listen now as he covers pressing global issues. Listen Here President Lukashenko of Belarus has threatened to cut off gas supplies to Europe if sanctions are imposed over an escalating migrant crisis at the country's border. Thousands of people are at the border with Poland, enduring freezing conditions in the hope of crossing into the European Union. We get analysis from James Waddell, senior global gas analyst at Energy Aspects. Indonesia’s council of religious leaders has forbidden the use of crypto assets as a currency for Muslims. The country's National Ulema Council has declared cryptocurrency as haram, or banned, as it has elements of uncertainty, wagering and harm. Umer Suleman an ...

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CSEG Tech Deep Dive #7 | Autonomous Vehicles standard

Risk Cooperative Chief Revenue Officer, Les Williams, recently joined Sudhi Uppuluri from Computational Sciences Experts Group (CSEG) for a nuanced conversation about the risks involved with autonomous vehicles, including cybersecurity, big data, and privacy. CSEG is an automotive software and engineering consulting company. Co-founder Sudhi Uppuluri conceived of his Tech DeepDive interview series as a way to make deep technical details of emerging technologies accessible to the layperson. Risk Cooperative’s Les Williams’ background in mechanical engineering and risk management provides an intersection for nuanced conversations about the rapidly changing world of mobility. Are autonomous vehicles more safe or less safe than human drivers? Many people equate risk with negative outcomes, however one can liken it to calling a play in football. ...

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