PRMIA Intelligent Risk - April, 2022

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managing the risks and fallout from Russia’s invasion of Ukraine

by dr. Jay Grusin & Steve Lindo inter-connectedness magnifies uncertainty Both the COVID-19 pandemic and climate change have demonstrated that major disruptions today produce far-reaching, unintended consequences, due to the increased interconnectedness of global commerce, communications, technology, and politics. It’s no surprise, therefore, that Russia’s invasion of Ukraine has introduced unprecedented uncertainty into the well-laid plans of organizations across every industry and geography. The list of activities where organizations are exposed to direct or indirect loss as a result of Russia’s invasion of Ukraine is a long one. Table 1 below provides a non-exhaustive list of examples. Table 1

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Intelligent Risk - April 2022


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