Employee Wellbeing: The key to success in the future of work
Author : Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. Employee wellbeing has been a widely discussed topic over the past year. The pandemic has certainly transformed the way employees think about work. Employee wellbeing is now more important than ever. So, what exactly is employee wellbeing? Today, it has expanded beyond physical health such as gym memberships, yoga classes or health checkup. Physical health is just one piece of the puzzle. It has now been broadened to other area of focuses, particularly in mental, financial, and social wellbeing. With the […]
Navigating the Future of Healthcare Benefits and Elevating DE&I
In an interview with Lockton Companies, Stella Sung, SVP and Head of People Solutions – North Asia, delves into how they promote diversity, equity, and inclusion (DE&I) within their organisation, as well as the best approaches for HR leaders to implement it in their own organisations and also how businesses can stay updated with these advancements. The contents of this article were originally published in Manage HR Magazine. For further information please visit Lockton’s People Solutions page, or contact: Vivi Kwok, Vice President, Wellbeing and Growth Marketing E: vivi.kwok@lockton.com
SPAC Should Not Ignore Cybersecurity Risks
The pandemic made the worldwide progress in digital transformation faster and it has become a focus. Breakthroughs in technology like Artificial intelligence, blockchain, internet of things and virtual reality, etc. are as well reshaping our future. Meanwhile, new economics and technologies bring challenges to security, privacy and ethics. The Network Security Director of KPMG said that hackers can always invade the systems and businesses have no options but to accept this reality. The key is to cut down the duration of the invasion and time needed to detect hacking activities. For SPACs and their sponsors, although their cybersecurity risks are […]
How to mitigate growing Maritime Cyber Risks
How to mitigate growing Maritime Cyber Risks The global maritime industry is embracing the fast-evolving digital age, from GPS, ECDIS, AIS, ENC, ERS and e-B/L to full smart shipping. Soon, we will see fully remote and autonomously controlled smart ships navigating the oceans. As the world becomes increasingly more digital, the associated risks involved are growing exponentially, which at the same time also means higher expectations of the insurance industry. The main cyber risk trends we have seen in recent years include an increase in both frequency and severity of ransomware attacks, more sophisticated business emails making compromising attacks in […]
From burnout to balance: mastering stress in the modern workplace
Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. In the contemporary work landscape, stress has emerged as a pervasive challenge impacting employees across all levels. The relentless demands of meeting deadlines, managing escalating workloads, and striving for work-life balance often culminate in burnout. However, as HR and benefits professionals, we play a vital role in supporting employees in navigating stress and burnout. By implementing effective strategies and fostering a supportive culture, we can empower employees to transform burnout into balance and master stress in the modern workplace. Understanding Workplace Stress Workplace […]
Insurance for Escape Room Industry
Insurance for Escape Room Industry In recent years, immersive entertainment is booming in China. The escape room industry, being a new form of recreation, breaks into the market quickly and the whole industry is bound to scale up. We understand that owners and operators are still facing safety risk and possible claims. How can they ensure safety and reduce loss as much as possible? Lockton has created a specialist team to provide insurance services for the Escape Room Industry. We strive to support clients in managing their insurance needs, driving operating efficiency and solving their problems by providing professional services. […]
Global insurance capacity facilitates China’s renewable energy boom
As the world aims to reduce CO2 emissions and reach climate goals, China is forecast to add the bulk of the global renewable energy capacity to be created by 2026 in the power sector. To be completed, the projects will require significant insurance capacity from international markets. Global renewable power capacity is expected to increase by more than 60% between 2020 and 2026, adding the equivalent of the current total global power capacity from fossil fuels and nuclear combined, according to the International Energy Agency (IEA). Solar photovoltaic (PV) alone is set to provide more than half of this capacity creation. […]
Managing the risk of electric fleets
Businesses are rapidly replacing their internal combustion engine (ICEs) powered fleets with electric vehicles (EVs) to reduce their carbon footprint. As part of the process, fleet managers need to address EV specific risks while also making sure that their insurance providers are keeping pace with the company’s changing risk exposure. The electric vehicle push In Europe, the EV model offering will continue to grow on the back of regulations that set limits to each manufacturer’s light-duty fleet average carbon emissions. Because companies can earn and trade credits, sales of EVs are critical to balancing emissions from other vehicles. Major manufacturers are planning […]
Lockton China Market Newsletter November 2021
As the pandemic and economic environment are improving, China will be steady expanding in its path of economic setting. Its priorities for consideration are growth, job creation and social welfare. We have created the latest market newsletter with a collection of recent market news, regulatory changes and risk management services that suit clients’ needs. Topics: (Chinese only) 安全生产法演变及新规下的安责险 沈阳爆炸事件 — 商户及家庭的保障 限电限产与营业中断险 工伤之在家办公“遇害”是工伤吗？ 新冠疫情期间进口货物的风险管理及案例分析 浅谈“冷库财产风险管理面临的挑战” 车险中关于车主的家属如何定义？ Download PDF version in Chinese here. For enquiries, please contact our team. Lockton China Market Newsletter (Chinese) 诺德中国通讯期刊
