John Drzik News

Drzik, Marsh’s President, Global Risk and Digital, to Step Back From Full-Time Role

Marsh, the insurance broker and risk adviser, announced that John Drzik, president, Global Risk and Digital (GR&D), will step back from full-time responsibilities as leader of GR&D effective Jan. 1, 2020, but will remain involved with the business as a …

Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft

Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh and Microsoft Corp. In the …

May 2018 Deadline for EU’s Cyber Rule, GDPR, Spurs Corporate Action: Marsh

The upcoming implementation of the European Union’s General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for organizations doing business in Europe according to a survey conducted …

Marsh Restructures Management in New Risk & Digital, Placement & Specialties Divisions

Marsh announced a new global management structure, which includes new appointments to its executive management team and two new divisions. Marsh’s global management structure includes the newly formed Global Risk & Digital (GR&D) division, which brings together Marsh’s solutions and …

Business Leaders Urge New Job Policies as Technology Displaces Workers

Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish …

Social Polarization, Inequality Raise Potential for Risk, Disruption: WEF

Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S. President-elect Donald Trump, the World Economic Forum (WEF) said. …

Marsh & McLennan Launches Asia Pacific Risk Center in Singapore

Marsh & McLennan Cos. and the Singapore Economic Development Board (EDB) announced the launch of the Asia Pacific Risk Center (APRC) in Singapore, which aims to analyze key risks facing industries and governments in Asia, ultimately helping the region’s decision …

Climate Change, Migration Top List of Global Risks: WEF Survey

Climate change and large-scale forced migration are the greatest risks facing the world according to a survey by the World Economic Forum, the organizer of next week’s meeting in Davos. The 2016 report, published Thursday, highlighted the most significant threats …

McDonald Named Head of Oliver Wyman; Drzik Moves to Marsh Global Unit

Marsh & McLennan Cos. promoted Scott McDonald to be the new head of its Oliver Wyman Group subsidiary. McDonald, who has been serving as president of Oliver Wyman, a management consulting firm within the Oliver Wyman Group subsidiary, will become …