Aegis Blog

Interruption and catastrophe head list of business worries

Interruption and catastrophe head list of business worries

Supply chain interruption and natural catastrophe are the biggest worries on the minds of businesses, according to a recently released study from Allianz Global Corporate & Specialty. The firm interviewed more than 400 experts in corporate insurance in nearly three dozen countries when compiling the list, which seeks to provide a greater insight into the most timely hazards facing companies and insurers.Rounding out the top 10 were fire and explosion, changes in legislation or regulation, market stagnation or decline, loss of reputation or brand value, intensified competition, cyber crime, ...
Why businesses should always expect the unexpected

Why businesses should always expect the unexpected

Being caught off guard is one of the biggest worries we have as individuals, and that concern translates over to business. Many of history's biggest incidents—natural disasters especially—had the lasting impact they did because they were unexpected. At the very least, they were not expected to reach the magnitude they did, so people affected by them were unprepared. Hurricane Katrina is a prime example of an incident where people and businesses were not prepared for a storm of that magnitude, so they suffered even greater consequences. Last year, the ...

 

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