Willis launches specialist risk network for ports and terminals

Broker  Willis Towers Watson has launched a dedicated industry risk forum for the ports and terminals that have been significantly affected by issues such as technological transition, climate change, cyber, supply chain and operational risk.

With ports and terminals client members worldwide, as well as risk forum specialists from Willis Towers Watson, the forum acts as a member’s network to explore risk identification and response, while delivering customised risk management solutions.

Additionally, the forum will collaborate with the Centre for Risk Studies at the University of Cambridge Judge Business School, a long-term Willis Research Network partner, to develop an index of risk disruptors to be launched in 2022.

Ben Abraham, chief executive officer of global marine at Willis Towers Watson, said: “We are delighted to be developing a dedicated risk community for such an important sector. Ports and terminals have faced immense change, and pressures brought about by issues such as technological transition, climate change, cyber, supply chain and operational risk, are changing the shape of the industry.

“The Ports and Terminals Risk Forum provides a network through which knowledge and expertise can be shared to create a stronger and more resilient industry. The development of this network follows the success of the Global Aerospace communities and we look forward to continuing to grow these specialist risk networks across a number of different lines to help develop customised solutions.”

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