Marsh & McLennan Agency Blog

11 Ways Your Car will be Smarter in 2018

The future of transportation is here.

This isn’t a line from Hollywood’s next big sci-fi thriller but the tone of the coverage coming out of the 2018 Consumer Electronic Show and the North American Auto Show, both of which happen in January.

Gadgets lovers used to converge on the annual Consumer Electronics Show (CES) in Las Vegas to get a first look at new tablets, mobile phones and lifestyle devices. But consider that this year’s Show included a 290,000-square-foot “Vehicle Technology” exhibition space where roughly 600 exhibitors showed off the latest in self-driving technology and “smart mobility.”

It follows that USA Today dubbed CES 2018 one of the year’s best car shows, and that The Boston Consulting Group (BCG) has listed several automakers among its annual rankings of the world’s top 20 “Most Innovative Companies.”

Within the property & casualty insurance sector, opinions are mixed about whether the rise of autonomous vehicles will create new markets and opportunities for insurers, or seriously shrink the auto insurance market.

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Home Renovations: Are you Covered?

53% of U.S. adults made some type of home improvement in the past 12 months.¹ Home improvement and repair expenditure in the U.S. amounted to about $326.1 billion in 2015.  Homeowners improve their homes to make them more comfortable, make aesthetic updates, upgrade air conditioning and heating systems, waterproof roofs, finish basements, boost energy savings and expand their footprint.

How you may be at risk

A home renovation may affect the value of your home. Anything that changes the structure or use of the property might change your insurance needs and may be subject to underwriting approval. Home improvements that boost your home’s value could render your home insurance coverage inadequate and leave you vulnerable to uncovered losses. Other home upgrades may make you eligible for lower premiums.
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Eight Best Practices for Gamification in Schools

One of the most important trends in education is the use of gamification as a learning tool. Using games as a teaching tool is not a new idea. What makes the gamification teaching tools of today different – and innovative – are the explosion in the use of mobile learning applications, breakthrough game-based adaptive learning systems and the growing use of game-based learning strategies.

Gamification is defined as the use of game mechanics and dynamics such as leaderboards, badges and actions that increase motivation for learning in formal and informal settings. The use of digitally-based learning games and strategies is relatively new; for this reason educational organizations need to consider adopting productive gamification best practices in order to ensure that students gain as much benefit as possible from their school based digital gaming experience. Here are eight important guidelines schools should consider to boost motivation and productivity. Continue reading…

2018 Climate Resilience Handbook

If your organization is not already thinking about how to increase its climate resilience in response to these challenges, now is the time to start. Marsh & McLennan Companies—a leader in climate resilience solutions for corporations and government—has developed a comprehensive framework to help organizations adopt a new focus on climate resilience.

2017 sparked new momentum towards building organizational climate resilience.  Milestones included many influential public and private organization initiatives and a renewed commitment to limit global warming to two degrees Celsius and new opportunities in the low-carbon economy. Costly, volatile extreme weather events demonstrated that organizations must prepare for a new normal.

Click here to download the handbook…

New Digital Business Models are Being Created for Life Sciences

The digital revolution is bringing major changes to the healthcare sector. Electronic record systems, the Internet of Medical Things and artificial intelligence are all impacting life sciences. Furthermore, even bigger changes are on the horizon, such as in-memory computing and advances in networking. Medical equipment manufacturers and pharmaceutical drug companies are experiencing opportunities in personalized healthcare and are bringing positive changes to therapeutic outcomes. With the life sciences industry poised for change, companies are working to capitalize on new technological developments to gain a critical competitive edge. Continue reading…

The Perks that Make Employees Take a Second Look

Supplemental health, financial wellness solutions, retirement tools—all of these and more can take employers’ benefits packages from “good” to “impressive.” But with so many options, it’s hard to know where to start. And how do you know what your employees are looking for?

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New Tractor Beam Can Move Real-Life Objects

The world’s most powerful acoustic tractor beam has successfully moved a small object and enabled it to hover in space. Within a few years, scientist predict they will be able to move larger objects – and maybe even humans.

The acoustic tractor beam uses sound to vibrate things, enabling them to levitate in the air. The use of sound waves means the technology can be applied to most things, unlike magnetic waves, which can only be applied to metals.

Up until recently, scientists could only control tiny objects, but the new technology uses a fast vortex that spins like a whirlpool of sound, making it possible for larger objects to stay in place and not spin out of control. The new acoustic sound beam creates a twister-like motion around the object, causing the object to float without spinning out of control. Continue reading…

An Evolving Risk Landscape: The Global Risks Report 2018

Today’s extraordinary pace of political and technological change obliges organizations to be better prepared for shocks and surprises.

The 13th edition of the World Economic Forum’s Global Risks Report, prepared in partnership with Marsh & McLennan Companies, examines the systemic risks that have the potential to cause such shocks and surprises.

For businesses, the report raises important questions about what risk leaders should be doing to build resilience and adaptability in the face of seemingly unmanageable risks. Appreciating the inevitability of potential shock events, being more rigorous about identifying major sources of value destruction, and developing agile responses to fast-moving, uncertain situations are a few of the key takeaways for business leaders.

Download the report now…


Who Will Create the Google Maps of Financial Services?

Despite relatively good conditions for the financial services industry in 2017, many executives are expressing a gnawing sense of concern that the structural advantages of their businesses are eroding, raising questions about where future growth will come from.

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