Risk professionals in the communications, media, and technology (CMT) industries are facing increasingly complex risks related to shifts in customer demands, changes in regulations and industry consolidation, according to the "2017 Communications, Media and Technology Risk Study," from New York-based broker Marsh.
A survey of 120 CMT risk professionals was conducted by Marsh to inform the study findings. Among respondents, 88 percent say their company's risk will become more complex and/or greater in scale in the next few years.
Lawsuits, new technologies, increased regulations, business decisions, cyberattacks, and competition were some of the key drivers of change for CMT companies in 2016.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
