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Research and Briefings

The Twin Threats of Automation and Aging

 


Societal aging and workplace automation are rapidly and fundamentally transforming today’s workplace.

The Twin Threats of Aging and Automation produced by Marsh & McLennan Companies’ Global Risk Center, examines and quantifies the risks of rapid societal aging, and of older workers’ susceptibility to automation in fifteen major markets.

Insights from this report will be of particular interest to companies with high concentrations of repetitive manual work at high risk of automation. Some examples of applicable industries include manufacturing, retail, transportation, construction, healthcare, hospitality, and government. 

The report found that Canada and Australia have the lowest rates of aging and the lowest risk scores. The risks are particularly pronounced across Asia, as well as in parts of Europe such as Germany and Italy.  

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.

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