Effective risk management strategies amid rising casualty rates

Organizations are facing significant challenges in the casualty risk landscape due to heightened litigation, longer claim cycles, and rising jury verdicts. To navigate this environment, senior leaders must proactively manage risks by minimizing incidents and addressing problematic claims early, leveraging data-driven insights to reduce catastrophic losses and refine risk strategies. In this episode of Risk in Context, Marsh’s Chetna Gulati Kapoor, Luke Harrison, and Matthew Replogle share effective strategies that organizations should consider to control their casualty risks and discuss actions that senior leaders can take to optimize their casualty insurance program in line with evolving and emerging risks. You can access a transcript of the episode here. Visit our dedicated page on marsh.com to learn more about the impacts that outsized jury verdicts could have on your organization. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com.