General Industry
November 30, 2021
Employees Are Expecting Virtual Care Benefits This Open Enrollment Period
As employers review their benefit offerings for this year’s open enrollment, virtual care will be taking center stage to help employees navigate their health and wellness needs. Forty-three percent of employers expanded their telehealth offerings in 2020 in response to the challenges created by COVID-19, according to research from the Society for Human Resource Management....
November 29, 2021
With Flex Space Taking Over 30 Percent of Office Market, Brokers Face New Challenges
With the growing shift in the office market toward flex space, office brokers are facing a sea change that will deeply impact how they operate. Partner Insights spoke to John Arenas, CEO of flex space provider Serendipity Labs, about how brokers will have to adapt to the new office landscape, and the opportunities afforded them...
November 24, 2021
Managing the Construction Worker Shortage
A new report released by the Home Builders Institute (HBI) predicts that the construction industry may be on the cusp of an employee shortage crisis. The HBI’s Fall 2021 Construction Labor Market Report—based on data analysis from the Bureau of Labor Statistics—estimates that an additional 2.2 million new hires will be necessary over the next...
November 15, 2021
Cybersecurity Confidence Gap in Hospitality, Restaurant and Retail Sectors
New data released from Cornell University’s Center for Hospitality Research and FreedomPay, a global leader in data-driven commerce, reveals that while nearly all (96%) surveyed retail, restaurant and hospitality stakeholders are confident in their companies’ internal risk assessment processes, their satisfaction (95%) in the security of their systems is misaligned with reality, as one-third of...
November 12, 2021
Mitigating Workers’ Comp Claims for Remote Employees
As many employees have adjusted to working from home, trading their cubicle for a kitchen table and the board room meetings for Zoom appointments, many have become accustomed to making a workplace out of practically anywhere. Of course, some of these changes come with implications, especially in the workers’ compensation arena. Identifying a few key...
November 11, 2021
Construction Sector Faces Risk Management Hurdles
SAN DIEGO – The construction sector faces a broad range of risk management and productivity challenges that need to be overcome for the sector to thrive, a construction executive said Monday. The COVID-19 pandemic, social unrest, rapid technological change, personnel shortages and climate change have combined to pose serious threats to companies operating in the...
November 9, 2021
Building a Culture of Wellbeing in a Hybrid Workforce
Hybrid models of working — with some employees remote, some in the office and some with a varied schedule — are here to stay. While this flexible approach is appealing to employees, it often poses a challenge for employers who wish to build and maintain a vibrant and productive workplace culture. We know that culture...
November 2, 2021
Fire Risk and the Return to Office
Fire is one of the oldest and most devastating risks businesses face. A fire can completely destroy a business’ premises and equipment in a very short time, as well as seriously injure or kill employees, visitors and customers. With many businesses’ facilities seeing reduced use due to the COVID-19 pandemic, fire risk management may slip,...
October 27, 2021
Prioritizing Mental Health in the Construction Industry
There’s a variety of potential health and safety exposures for construction employers like you to consider at the job site, including falls from height, electrocution hazards and struck-by incidents, to name a few. Yet, one concern that often gets overlooked is employees’ mental well-being. Recent research found that over 80% of construction workers have felt...
October 25, 2021
Cyber Risk Accrual in U.S. Commercial Property Could Trigger $12B Loss
The accumulation of cyber risk in the U.S. commercial property insurance market could trigger a one-in-100-year loss of $12.5 billion, which would cause a downward transition in the AM Best capital adequacy ratio (BCAR) for nearly 20 U.S. property carriers, according to a study by CyberCube, AM Best and Aon plc. The research indicates that insurers...