Category Archives: Supply-Chain Risk

Tracking aviation’s journey: From a travel option for developed countries to a global economic tool

For the average traveller, booking a flight appears to have become a very simple process. Open a browser, select one of various travel search engines, select your preferred flight, time, price and airline, input your credit card details and pack … Continue reading →

Life after Brexit? Risks and Opportunities for U.K. Retailers

Rising inflation, less favorable exchange rates, higher import costs…these are but some of the challenges facing U.K. retailers in the post-Brexit world. As part of a series of updates on the effects of Brexit on various U.K. industries, Willis Towers … Continue reading →

Influencing risk culture within the transport industry

A fatal tram accident, online retailers’ accusations of dangerous driving practices, and a conviction following a fatal road collision have pushed fleet operators and their risk management practices into the spotlight in recent months. As well as the human cost, … Continue reading →

What a Hard Brexit Could Mean for U.K’s Transport Industry

The possibility of a “hard Brexit” from the European Union (EU) following the June 8 general election could change market dynamics for many transport companies, and spark questions about present business models. If conservatives retain power as current polls suggest, … Continue reading →

The impact of artificial intelligence in transportation

In October 2016 an experimental driverless truck made by Otto, an Uber-owned company, delivered 50,000 cans of beer after travelling 120 miles from Fort Collins, Colorado to Colorado Springs. It did so travelling at 55mph, with a human in the … Continue reading →

Keeping it Simple in Complex Times

A record number of delegates attended this year’s Willis Towers Watson aviation conference, and one of the event’s hot topics saw attendees explore ways in which insurance products could change to better reflect the integrated nature of modern risk. The … Continue reading →

Risks associated with the removal industry: “It’s personal”

The transportation industry serves thousands of organizations involved in the safe carriage of people and property via air, sea, rail or road. As was discovered in our recently published Transportation Risk Index, the industry faces no shortage of challenges from … Continue reading →

Brexit impact on transportation industry

The U.K. Government has invoked Article 50 of the Lisbon Treaty, meaning Britain’s exit from the E.U. will be complete by the end of March 2019. Continue reading →

A world on edge: Political risk in 2017

Two words capture the political climate in much of the world today: uncertainty and disruption. This is the kind of volatility that political risk insurance addresses. Continue reading →

How will transportation execs navigate complex operating models in an interconnected world?

In recent decades, globalisation has opened a wider path to corporate growth while increasing organizational complexity. Supply chains and the transportation networks required to serve them have been stretched across geographical and political borders, driving greater interdependency between companies. This … Continue reading →