Navigating the global rise of social inflation

Social inflation is transcending borders and creating challenges for organizations operating in jurisdictions across the globe, often resulting in increased litigation risks and higher claims costs, which are, in turn, contributing to increased underwriter scrutiny and impacting organizations' insurance programs. This underscores the importance of preemptive action to identify potentially challenging claims and mitigate losses. In this episode of Risk in Context, Marsh's Chetna Gulati, Catherine Osborne, Teri Solomon, and Paul Hutchinson discuss the evolving social inflation risk landscape, address some of today's most pressing risks and the challenges that are likely to evolve, and share actionable insights to help organizations minimize the risk of social inflation and prepare for potential high-value claims. You can access a transcript of the episode here. For further information about social inflation, visit our social inflation and nuclear verdicts hub. Listen to our recent podcast — PFAS risks and insurability challenges — to learn more about perfluoroalkyl and polyfluoroalkyl substances, which could be a risk area for social inflation. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com.