Political Risk Insurance Amid Unrest: WTW's Laura Burns

Companies including McDonalds and ExxonMobil have reported billions in losses from shutting down business and other events related to Russia’s war in Ukraine. Some of that financial pain may have been avoided if corporates had purchased political risk insurance long before the crisis started, according to Laura Burns, who heads the political risk practice for WTW, formerly known as Willis Towers Watson.
In a video interview you can watch above, Ms. Burns explains the benefits of political risk insurance, which covers specific exposures-excluded from traditional property insurance policies-that arise from investment or trade involving other nations.
Click the link below to read the complete story, and stay tuned as we bring you our full conversation with Ms. Burns on NeuGroup’s Strategic Finance Lab podcast on Apple and Spotify in the weeks ahead.