Global Risks Forum 2025

Insurance

Insurance companies joining the Global Risks Alliance (GRA) are poised to revolutionize their risk management and innovation strategies through Responsible Research and Innovation (RRI). Access to advanced technologies, real-time data analytics, and standardized risk protocols equips insurers to better anticipate and mitigate complex risks. This comprehensive approach enhances underwriting accuracy, improves claims management, and strengthens regulatory compliance. By fostering a collaborative environment, GRA enables insurers to lead in sustainable risk management, develop innovative insurance products, and drive customer-centric solutions. Embrace GRA membership to transform your insurance operations and lead the industry in risk innovation and resilience

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Anticipatory Action
Implement predictive analytics and AI across all insurance sectors to proactively identify and mitigate risks. Retail insurance can offer preemptive advice, commercial insurance can anticipate market trends, life insurance can optimize underwriting, reinsurance can predict large-scale risks, and health insurance can manage health trends. Enhance financial stability by incorporating anticipatory action today
Resource Allocation
Optimize resource allocation across all insurance sectors. Retail insurance can match customers with suitable policies, commercial insurance can tailor business coverage, life insurance can align policies with life stages, reinsurance can optimize risk-sharing, and health insurance can customize plans. Enhance outcomes by optimizing resource matching today
Innovation Labs
Create innovation labs across all insurance sectors to drive technological advancement. Retail insurance can develop digital services, commercial insurance can create advanced tools, life insurance can innovate products, reinsurance can refine risk models, and health insurance can implement health technologies. Launch innovation labs today to lead in insurance innovation
Civic Infrastructure
Support civic infrastructure development through insurance. Retail insurance can protect individual investments, commercial insurance can finance public projects, life insurance can guide infrastructure investments, reinsurance can underwrite projects, and health insurance can develop health facilities. Invest in civic infrastructure today to contribute to public welfare
Resilience Building
Develop resilience programs across all insurance sectors. Retail insurance can educate clients on risk management, commercial insurance can help businesses withstand disruptions, life insurance can offer adaptable products, reinsurance can manage catastrophic risks, and health insurance can promote proactive health management. Fortify your resilience strategies now
Crisis Response
Establish robust crisis response strategies across all insurance sectors. Retail insurance can assist policyholders during crises, commercial insurance can support businesses, life insurance can expedite claims, reinsurance can manage large-scale events, and health insurance can ensure continuous care. Strengthen your crisis response capabilities now
Urban Resilience
Promote urban resilience through tailored insurance products and policies. Retail insurance can offer urban-specific coverage, commercial insurance can invest in infrastructure, life insurance can provide financial security, reinsurance can support resilience projects, and health insurance can enhance public health. Support urban resilience initiatives today
Community Engagement
Engage with communities across all insurance sectors to understand and meet local needs. Retail insurance can provide tailored solutions, commercial insurance can foster local growth, life insurance can promote financial literacy, reinsurance can support resilience projects, and health insurance can improve public health. Start engaging with communities today for inclusive growth
Sustainable Development Goals (SDGs)
Insurance companies can drive substantial progress towards the United Nations Sustainable Development Goals by integrating the latest research and technological innovations into their operations. Utilizing the Nexus Ecosystem, insurers can develop sustainable insurance products and services that promote financial inclusion, reduce inequalities, and foster a resilient financial future. This approach ensures that insurers align their risk management strategies with SDG targets, enhancing systemic risk management and sustainability
Sendai Framework for Disaster Risk Reduction
Enhancing preparedness and disaster response capabilities in the insurance sector is crucial. By implementing cutting-edge technological advancements and research through the Nexus Ecosystem, insurers can better anticipate and mitigate the impacts of natural disasters and financial crises. Advanced risk analytics and predictive modeling provided by the Nexus Ecosystem help build resilient insurance practices, ensuring compliance with the Sendai Framework and safeguarding policyholders' lives and livelihoods
Kunming-Montreal Global Biodiversity Framework
Insurance companies can support biodiversity conservation and ecosystem management by integrating the latest research and innovations into their underwriting and investment practices. The Nexus Ecosystem facilitates green insurance solutions and sustainable investment strategies, enhancing the resilience and sustainability of insurance portfolios. This alignment with biodiversity preservation principles ensures that insurers protect natural resources and comply with the Kunming-Montreal Global Biodiversity Framework, promoting holistic ecosystem management
Declaration on Future Generations
Integrating forward-thinking policies and innovative insurance solutions ensures the well-being of future generations. The Nexus Ecosystem helps insurers commit to sustainable practices, proactive risk management, and developing products that support long-term health, prosperity, and resilience. This comprehensive approach aligns insurers with the Declaration on Future Generations, fostering a legacy of sustainability and resilience in the insurance industry
Global Digital Compact
Adopting cutting-edge digital technologies and fostering digital inclusion within the insurance sector enhances service delivery and operational efficiency. The Nexus Ecosystem improves connectivity, data governance, and equitable access to digital insurance resources, enabling insurers to drive innovation and efficiency in risk management. Aligning with the Global Digital Compact, insurers can lead in digital transformation, promoting a digitally inclusive society and ensuring robust systemic resilience
Pact for the Future
Fostering global solidarity and cooperative action to address complex financial and environmental challenges is essential for insurers. Leveraging the Nexus Ecosystem, insurance companies can develop sustainable policies and investment strategies that secure a resilient future for stakeholders. This collaborative framework supports systemic risk management, enabling insurers to lead in sustainable development and align with the Pact for the Future
Resources
Basic
Pro
Advanced
Nexus Academy

Create educational courses or learn from other peers

100 Credits
250 Credits
500 Credits
Crowdsourcing

Build pool of data, new knowledge, teams and skills

Included
Included
Included
Innovation Lab

Join living labs and build open source applications

100 Credits
250 Credits
500 Credits
Campaigns

Run advocacy and fundraising campaigns for impact

Included
Included
Included
Broadcasts

Publish videos, run video ads, and streaming

25GB
150GB
250GB
Networks

Boost brands with marketing tools and virtual events

1 Channel
3 Channels
5 Channels
Services
Basic
Pro
Advanced
Advisory

Advisory services to deliver high-quality experience

Resources
1 hour
3 hours
Consultation

Consultancy services to navigate challenging issues

Resources
1 hour
3 hours
Training

Training services to personalize yuor discovery process

Resources
1 hour
3 hours
November 2024
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Mission
Our mission is to create a unique nexus where civil society meets and engages the academy, industry, and government to collectively mitigate risks and make smarter decisions toward more resilient, democratic, and prosperous communities
Vision
We envision a world of harmony, equity, and justice for all on a sustainable planet, nurtured by innovation, open collaboration, and engaged citizenry
Scope
GCRI acts as global focal point for the coordination of risk mitigation and resilience building
We maintain a knowledge-base with instructions and answers to frequently asked questions. If you have questions related to our services, we're here to help!
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