Unpacking water-related economic risks and solutions

Despite wide recognition of water’s essential role, water-related risks are increasing. Whether dealing with droughts or flooding, water can lead to significant challenges for individuals, communities, and businesses, requiring a robust water management strategy that identifies the risks, puts hazard mitigation actions in place, and leverages insurance as a final layer of protection. In this episode of Risk in Context, Marsh McLennan’s Swenja Surminski and Daniel Kaniewski and Henk Ovink, Executive Director and Founding Commissioner for the Global Commission on the Economics of Water, discuss some of the water-related risks that businesses and communities are facing and examine risk management strategies that can enhance resilience and sustainability. You can access a transcript of the episode here. Visit Marsh’s Hurricane Resource Center to learn more about preparing for and responding to tropical storms. For more insights and insurance and risk management solutions, follow Marsh on LinkedIn and X and visit marsh.com.