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Marsh McClellan - Corporate Risk Advice

sharon sanders

Editor-in-Chief & President
"....The pandemic threat should be considered in the context of other risks faced
and modeled today by our clients. Technology component manufacturers
already deal with the risk of supply chain disruption, and the travel industry
is all too familiar with dramatic declines in passenger numbers. We can
embed the impact assessment of a pandemic in a comprehensive assessment
of all of the client?s risks to enable a balanced response that neither over- nor
under- weights the importance of the threat of a pandemic in the overall
strategic dialogue.
At this time, we do not know whether or not avian flu will mutate and cause
a major pandemic. In this uncertain environment, we think business leaders
should evaluate their responses carefully ? not only to preserve the wellbeing
of our employees and customers, but also the economic well-being of
our businesses...."

http://solutions.marsh.com/afpandemic/documents/MHRFluPandemic-HowBig.pdf













 
Re: Marsh McClellan - Corporate and institutional advice

Re: Marsh McClellan - Corporate and institutional advice

"Overview​
Avian influenza is not a new phenomenon. Historically, this type of flu is spread from bird to
bird. It has rarely spread from bird to human directly, but there have been some documented
cases of such infection. It also may spread to humans through an intermediary step?for
example, from bird to pig to human.
Experts are very concerned that a type of avian flu, H5N1, may mutate and become capable of
transferring easily between humans. H5N1 has often proven to be fatal to humans infected via
direct contact with birds.
Currently there is a low risk to Americans, as this strain of flu has not been found in humans in
the United States. However, the illness is clearly spreading rapidly around the world in the bird
population. For birds, it​
is a pandemic.
There is no commercially available vaccine, and the available antiviral drugs are of limited
effectiveness against this disease. Experts are very concerned and cautious about a potential
worldwide pandemic. It is estimated that such a pandemic would kill between 89,000 and
207,000 people in the United States, according to the Centers for Disease Control and Prevention
(CDC). From 20 million to 47 million people could become ill, with 15 percent to 35 percent of
the population being affected.
A campus could sustain an exposure from students and faculty on their return from travel abroad
(as well as through the typical modes of infection from the general population if H5N1 were to
become a pandemic).

Important Considerations​
If the avian flu threatens or affects an institution, it could be very disruptive to the campus.
Marsh views this particular threat as one of many where you will want to mitigate your exposure
and prepare to manage any disruption if the threat is realized. To assess your level of
preparedness, you should review the following key points:​
Policy Decisions​
��​
How will your school address and support travel should a pandemic evolve? Will travel
restrictions be imposed?

��​
How will potential interruptions be resolved in the event a staff or faculty member is
affected?

��​
How will the school react if a student or students become affected?

��​
Are there any vendors or suppliers that could impair daily activities should their
organizations be affected?

��​
Has your school reviewed the existing protocols for infectious diseases that may already
exist? Are they adequate?

Crisis Management​
��​
It is very important to identify a team and develop a process that strives to detect and assess
the threat, make decisions, and take action.

��​
Crisis-management plans should be reviewed and updated with the specific responses you
will take to address the situation if a member of the campus community were to be infected.
This would include addressing the specific illness; addressing the campus community; and
responding to inquiries from concerned parents, the media, and the general public. The
school should review relationships with local and national media and governmental
authorities. An administrator should be assigned to monitor CDC and World Health
Organization (WHO) health alerts.

��​
Plan for a communication channel for dialog with the campus community via hot-line, Weblink,
or other means in the event there is heightened concern with an infectious outbreak.

��​
Wellness programs should include appropriate protection/control of potential infection. Make
sure your Web site has recommendations on how to control common infections. You should
ensure mass communication of this type of general wellness information on campus......"

http://solutions.marsh.com/pandemic/documents/Education%20_PreparingInstitutionsForPandemic.pdf


 
Info on Marsh et. al.

Info on Marsh et. al.

Marsh, the world's leading risk and insurance services firm, has 26,000 employees and annual revenues approaching $5 billion. The firm provides advice and transactional capabilities to clients in over 100 countries. We provide global risk management, risk consulting, insurance broking, financial solutions, and insurance program management services for businesses, public entities, associations, professional services organizations, and private clients in over 100 countries.


http://www.marsh.com/MarshPortal/PortalMain?PID=AppDocumentListing&t=1168178260286&2=inEnglish&1=AboutMarsh
 
Re: Marsh McClellan - Corporate Risk Advice

they seem to realize now, that they have to consult
the medical experts at least.
Last year I had the impression that the financial
experts thought they were able to decide this on their own.
 
The 2007 Global Risk Report will be released soon...

The 2007 Global Risk Report will be released soon...

<TABLE width="100%" border=0><TBODY><TR><TD>World Economic Forum Annual Meeting 2007


</TD></TR><TR><TD>The Shifting Power Equation
24-28 January, Davos, Switzerland



</TD></TR></TBODY></TABLE>
am07familyimage.jpg

  • Over 2,000 leaders from business, politics, academia, the media and civil society will once again meet at the World Economic Forum Annual Meeting in Davos, Switzerland, from 24-28 January.
This year?s theme, The Shifting Power Equation, reflects the elements that will shape the global agenda in 2007. Many of the fundamental challenges set forth in the programme are familiar. But the setting has changed dramatically as distinct new influences have appeared which cast these challenges in a different light. They include the growing prominence of emerging economies, the increasing leverage of commodity suppliers, the enhanced voice of individuals or small groups over institutions and the stronger role of consumers over producers.
These new influences are woven into a rich and varied programme that groups the issues into four sub-themes, economics, geopolitics, technology and society, and business.
  • Economics: New drivers
  • Geopolitics: The Need for Fresh Mandates
  • Technology and Society: Identity, Community and Networks
  • Business: Leading in a Connected World
The World Economic Forum Annual Meeting 2007 will provide the opportunity for influential leaders from diverse fields and areas of the world to address these concerns and build the effective, innovative communities needed to create new approaches in the spirit of global citizenship.
Co-Chairs
John Browne of Madingley, Group Chief Executive, BP, United Kingdom
Michelle Guthrie, Chief Executive Officer, Star Group, Hong Kong SAR
Neville Isdell, Chairman and Chief Executive Officer, The Coca-Cola Company, USA
James J. Schiro,
Group Chief Executive Officer and Chairman of the Group Management Board, Zurich Financial Services, Switzerland
Eric Schmidt, Chief Executive Officer, Google, USA
Sunil Bharti Mittal, Chairman and Group Managing Director, Bharti Enterprises, India



</EMBED>
 
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