Market Insights

3 Immediate Actions Risk Managers Need From Insurance Brokers

UPDATED ON
April 12, 2023
Mployer Advisor
Mployer Advisor
— Written By
Print Friendly and PDF

Risk & Insurance conducted a survey of 156 risk managers to take the pulse of the industry and get a better feel for what concerns experts in the field believe to be most pressing at the moment. 

Nearly 1 out of 3 respondents listed cybersecurity as the most immediate risk that the organization they represent is currently grappling with. Next highest on the list of concerns was talent shortages, which more than 1 out of 4 respondents cited as a major factor going forward - followed by catastrophic events, which was a top issue for about 14% of respondents. 

One issue that received perhaps surprisingly little attention was inflation, which fewer than 1 out of 10 respondents referenced as a pressing concern.

You can read more about that survey and analysis here.

Want more insights on how your employee benefits compare to companies in your region, industry, and similar employer size?
Download Your Custom Benefits Report Now
See How Your Employee Benefits Compare

Next Up

Federal Court Ruling May Put Millions of US Companies In Breach of ERISA Fiduciary Duty
A Texas court ruled that American Airlines breached its ERISA duty of loyalty by failing to properly oversee BlackRock’s ESG-driven investment decisions. The decision could put millions of employers at legal risk if upheld. Are ESG investments in retirement plans now a liability?
The Employment Situation for February 2025
The latest economic release from the Bureau of Labor Statistics reports that the U.S. job market added just under 150 thousand jobs last month while unemployment ticked down one-tenth of a point to 4% to close out the last such economic report with data collected under the Biden administration.
Are Centers of Excellence On the Decline?
Centers of Excellence (COEs) may have peaked. While mid-sized employers increased adoption, the largest companies are scaling back. Is this a temporary dip or a shift in employer healthcare strategy?