30 MIN WATCH
Published 10/27/2021
A shrinking workforce, increasingly high court judgements, and the elevated focus on corporate environmental, social, and governance (ESG) policies are just a few of the issues highlighting today’s interconnectivity of risk.
David Perez, Chief Underwriting Officer, Global Risk Solutions for Liberty Mutual Insurance, shares his perspective on these trends and how building resilience can help both businesses and insurers address these issues in this new video series.
It’s not business a usual
Labor shortage
Right now, the U.S. has more than 2 million more job openings than unemployed workers. With many people rethinking their roles and how they want to work, hear Liberty Mutual’s Chief Underwriting Officer David Perez discuss ways businesses can proactively address the labor shortage, attract employees, and keep current staff safe and engaged.
ESG
The general public has grown increasingly aware of environmental, social, and governance (ESG) concerns, and it’s having a major impact on how organizations are run. Liberty Mutual’s Chief Underwriting Officer David Perez discusses how taking these issues seriously can help businesses retain customer confidence while protecting their greatest asset: their reputation.
Building resilience
Labor shortages, social inflation, and ESG are just a few of the interconnected risks facing businesses today. Liberty Mutual’s Chief Underwriting Officer David Perez reviews ways that businesses can build resilience into their operations to weather these risks and thrive in today’s world.
10 professional lines risks in an evolving world
From cybersecurity exposures and ransomware attacks to M&A volatility and securities litigation, a variety of evolving risks are affecting the professional and management liability market in this post-COVID economy.
Learn more about ten critical risks facing businesses today.
Find outRelated insights
This website is general in nature, and is provided as a courtesy to you. Information is accurate to the best of Liberty Mutual’s knowledge, but companies and individuals should not rely on it to prevent and mitigate all risks as an explanation of coverage or benefits under an insurance policy. Consult your professional advisor regarding your particular facts and circumstance. By citing external authorities or linking to other websites, Liberty Mutual is not endorsing them.
Social inflation
Polarized juries, a backlog in civil cases, and savvy plaintiff lawyers—these social inflation drivers are all contributing to high-value court awards. Addressing this trend, Liberty Mutual’s Chief Underwriting Officer David Perez proposes sensible ways for a business to review coverage, manage claims, and practice a culture of safety to help mitigate accident risk.