#risk-aversion

#risk-aversion

We need to have a more mature relationship with risk. Projects often do not go ahead because of concerns about safety but often all you are doing is moving the risk somewhere else. He said the UK's risk aversion was demonstrated to him by a recent decision by London's royal parks to close during high winds. Instead of going for a walk through the park, [people] ended up walking around the edge of it instead, where there were often more trees.

Transformations in the insurance industry rarely happen without intentional planning and a commitment to human-centered leadership, reflecting a significant risk-averse business culture.