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Trade errors, Sullivan said, can take many forms. “Common categories include, but are not limited to, data entry errors, missed deadlines, failure to execute, miscommunicated trade instructions, collateral management failures and breaches of mandate.”
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[ad_1] Drawing insights from 1,000 senior executives surveyed in November 2024, the report reveals how businesses with annual revenues exceeding $250 million are reassessing their risk management strategies in light of increasingly interconnected and volatile supply chains. Respondents included risk managers, logistics leads, and senior executives, highlighting the need for cross-functional alignment in supply chain…
[ad_1] “The risk landscape for Australian insurers has never been more complex, with heightened cybersecurity threats, macroeconomic and geopolitical uncertainty, continued regulatory scrutiny from [the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA)], and the need for greater operational resilience all adding to the challenges faced by insurance CROs and…
[ad_1] Testifying before the Senate Committee on Banking, Housing, and Urban Affairs, Robert Gordon, senior vice president of policy, research, and international at the American Property Casualty Insurance Association (APCIA), outlined how legal system abuse and excessive litigation have added financial pressure to the insurance sector. [ad_2] Source link
[ad_1] Leadership moves support coordinated client service and global reach [ad_2] Source link
[ad_1] Eligibility for a policy requires applicants to have been declined by three admitted insurers. Coverage includes essential perils such as fire and lightning, with limits of up to $750,000 for residential properties and $5 million for commercial buildings. Some additional coverages, including wind and hail, may be purchased. All policies are issued on an…
[ad_1] “The megatrends of trade, technology, weather, and workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed,” said Greg Case, CEO of Aon. “The interconnectedness of these trends means that leaders need access to integrated data and analytics, capabilities, and expertise to effectively respond to increasingly linked…
