Guardians of Innovation Why Tech Sector Risk Needs Tailored Advisory, Not One-Size-Fits-All

In a world where disruption is the norm, risk is not a sideline—it is the arena. Technology firms are reshaping economies with AI, robotics, and digital platforms, yet they face risks that evolve as fast as their innovations. WTW’s launch of a dedicated technology-industry risk advisory practice in Australia and New Zealand signals recognition of a new reality: tech leaders cannot rely on generic guidance. At TMFS, we see this move not just as strategic, but essential. It underscores that safeguarding innovation requires insight crafted for context.

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1. A Purpose-Built Response to Governing Technology’s Frontier
WTW’s new practice, led by cyber and technology risk specialist Ben Di Marco, brings nine experts dedicated to helping tech companies confront the unprecedented risks tied to cyber breaches, data privacy, AI governance, regulatory scrutiny, and supply chain resilience consultancy.com.auWTW. It operates within the firm’s Australia/New Zealand Corporate Risk & Broking division, signaling commitment not to generic coverage but precision engagement WTWconsultancy.com.au.

2. Amplifying Client Impact Through Cross-Functional Depth
James Baum, Head of WTW in Australia and New Zealand, emphasizes that tech firms now require advisory partners fluent in analytics, broking, claims advocacy, risk control, data platforms, and innovation WTWconsultancy.com.au. This move represents a pivot from one-size-fits-all risk programs toward adaptive and client-centered frameworks. Among the new team is former La Trobe University CISO Andrew Morgan, who fortifies the team with deep operational and cyber consulting expertise consultancy.com.au.

3. The Pressures That Demand New Paradigms
Technology firms in APAC increasingly cite cyber and data privacy as top risks—alongside intensifying regulatory pressure and trade friction WTW. Risks born of innovation—AI ethics, governance frameworks, liability exposure—require tailored strategy. WTW recognizes that generic insurance or advisory falls short when governing technology itself becomes strategic risk. Their dedicated practice unites underwriting skill with domain fluency—bridging tech ambition and operational protection.

4. Why the Move Matters for Tech-Focused Risk Culture
WTW’s model reflects a broader imperative: trust must be actively built, not assumed. Tech firms need trusted guardians who understand their culture, cadence, and context. WTW offers structural alignment—embedding risk governance with boards, legal teams, and CISO functions—in ways that move advisory from reactive to anticipatory.

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Launching a tech-dedicated practice is more than a milestone—it is an admission that innovation cannot be safeguarded with yesterday’s tools. It is a vital step toward ensuring that technology firms are resilient, not merely reactive.

At TMFS, we embrace this evolution. We believe that effective risk culture is built on deep understanding, domain alignment, and foresight. For technology leaders, the path is clear: choose risk partners who think in code, not just clauses; who map exposures and guard ambition. Let this be the moment to elevate risk oversight into structural resilience—not as a checkbox, but as a competitive advantage.

TMFS stands ready to guide that journey—with clarity, context, and conviction.

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