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Diving deep into the metrics from more than 1,270 data security incidents, this one-of-a-kind report features actionable insights and checklists to help companies improve their data security measures and operational resilience. Key findings reveal ransomware remains front and center; companies are becoming more resilient after making investments in...

Attracting and retaining talent was a significant problem for many organizations before the COVID-19 pandemic, and it continues to be a major issue across most industries. While the pandemic complicated matters, business leaders should look at the talent challenge as an opportunity to reposition itself and take the necessary steps—including l...

When selling a business, owners often focus on closing the deal. An additional focus on personal wealth planning opportunities could result in significant savings on income, gift, and estate taxes. This planning checklist outlines the key factors to consider.

Many family-owned businesses feel like a recession has started already, due to rising material and energy costs, continued labor shortages coupled with wage increases, and other factors. Whether heading towards a recession or not, companies should consider a combination of internally focused cost cutting and operating improvement measures, as well ...

Russia has long been designated as a technologically hostile nation. In the leadup to the conflict with Ukraine, Russia launched unprecedented, but predictable, cyber warfare operations against the Ukrainian government and civilian infrastructure. With the situation on high alert and Russia’s aggressive cyber attacks that go beyond Ukraine, a...

During the Great Resignation, retaining talent has become a big challenge for many employers who know that losing talent can be costly and high-performing employees are difficult to replace. While employees may leave if they are underpaid relative to the market, it is rarely the sole reason for leaving an employer. As companies think about ret...

Successful strategic growth planning occurs when a company identifies opportunities for growth and then focuses its organization to be efficient and effective in the pursuit of those opportunities. Having proper preparation and governance is key to reach and sustain that success. This e-book will help jump start a company’s move towards that journe...

Facing more frequent and intense cyber threats, it’s vital that businesses are prepared for the attacks. In this episode of Marsh’s Risk in Context podcast, learn how organizations can build effective cyber incident and ransomware management plans and the actions they can take before, during, and after an attack. An important piece of y...

Although business-owning families have foundational reasons for staying invested, most at some point will contemplate whether, when, and how to divest. By asking five key questions, a business owner's decision to hold a concentrated position or unwind all or a portion of the business can be made with greater confidence.

As the owner of a closely held business, proper planning will ensure that, if something happens to you, your business interest is transferred according to wishes. Having a buy-sell agreement in place is only half the battle. Funding your agreement ensures that there is money available to purchase a departing owner’s business interest in the e...

When COVID hit, many business owners faced the dire realization that the insurance they paid so much for did not cover the business interruption resulting from the pandemic exposures. To help guard against that type of unexpected disruption in the future, many business owners have set up captives—a lucrative alternative risk financing structu...

Three out of four businesses will change hands over the next 10 years. The question is whether this sale and change in ownership will be on the owner’s terms or if the business will fall victim to the four Ds: divorce, death, disability, and dispute. Embracing an exit planning from the early stages of the enterprise lifecycle will help mitiga...

While the labor market remains volatile with the persistence of America’s Great Resignation, businesses face novel challenges to make sure they attract and retain the workforce they need to sustain and grow. From the findings in the State of Work in America survey, a number of areas are identified to help companies succeed in the “...

With the passage of the Tax Cuts and Jobs Act at the end of 2017, more family businesses are examining their corporate structure and considering the tax implications. Specifically, companies that are currently structured as “pass-through” entities (e.g., an S corporation, partnership, or LLC taxed as an S corporation or partnership) are...

Having a good cyber risk management program in place might help a company prevent some breaches. But more importantly, when a breach does happen, it can help companies get back on their feet faster and mitigate financial and reputational damage. How do you know whether your company is doing what it should to address the risk and become cyber resili...