Alexandria, Virginia (July 1, 2016) — Bryan Bloom and James Sisco co-author an article titled Social Risk: An underexposed source of disruption in Global Risk Insights.
Companies now operate within dynamic, complex social environments instead of clearly defined nation-states, often without consent from citizens. To effectively operate in these environments, they must broaden their risk strategies to evolve in sync with the changes in society. This includes integrating social risk analysis to properly insure assets and protect people.
Social risk is real. It impacts our lives daily but often goes unnoticed. It is often attributed to globalisation, climate change, pandemics, migration, and social media. However, these phenomena only increase its likelihood.
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