Protecting your business amid the changing nature of risk

At this year's AIRMIC conference, FM Global's Alex Eichstadt, Operations VP EMEA, Business Risk Consulting, gave this exclusive interview on the changing nature of risk. He explored the shift in the global political landscape towards protectionism and spoke of the rapid development of emerging economies which has driven the inclusion of a new factor in the Resilience Index - the "rate of urbanisation".

Referring to natural catastrophes, he highlighted how businesses need to focus attention on understanding exposures and developing coherent, actionable recovery plans, since most losses are entirely preventable.