WTW launches ports and terminals risk forum

Willis Towers Watson has this week launched a dedicated risk forum for the ports and terminals sector.

Ben Abraham, CEO, Global Marine, Willis Towers Watson, said “We are delighted to be developing a dedicated risk community for such an important sector. Ports and terminals have faced immense change, and pressures brought about by issues such as technological transition, climate change, cyber, supply chain and operational risk, are changing the shape of the industry.

“The Ports and Terminals Risk Forum provides a network through which knowledge and expertise can be shared to create a stronger and more resilient industry. The development of this network follows the success of the Global Aerospace communities and we look forward to continuing to grow these specialist risk networks across a number of different lines to help develop customised solutions.”

The new group is collaborating with the Centre for Risk Studies at the University of Cambridge Judge Business School, a long-term Willis Research Network partner, to develop an index of risk disruptors to be launched in 2022.

Image courtesy: Port of Dover

    Share Story:

YOU MIGHT ALSO LIKE


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.