NEW YORK–The challenge for global insurance clients today is to understand the risks they face and turn them into a competitive advantage, a top brokerage executive told an industry meeting.
Brian M. Storms, Marsh Inc.'s chairman and chief executive, gave that advice yesterday in speaking to the Association of Professional Insurance Women meeting here.
Mr. Storms said in the world of risk today threats appear to be growing daily and involve “volatile, uncertain, complex and ambiguous” areas ranging from the economic to environmental to geopolitical concerns.
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