Learning Area

Global cooperation plays a crucial role in stimulating economic development. Within the finance and insurance sectors, multilingual meetings and events play a vital role. These events serve as a crucial platform for negotiations, boosting productivity, and nurturing partnerships among industry stakeholders.

As global events unfold, language accuracy is vital for accommodating a diverse range of stakeholders, including co-workers, customers, investors, and institutions. At the same time, failure to understand technical and financial terms creates a meeting experience that is as frustrating for the speaker as it is for the participants. Even worse, translation issues can lead to miscommunication, potentially stalling agreements or even breaking them. Within such a delicate industry, this can have severe implications. Especially as multilingual communication is essential for ensuring team collaboration as well as facilitating effective communication between investors and customers across different countries.

In this article, we briefly unpack the challenges and benefits of hosting multilingual events before exploring steps that finance and insurance companies can take to source the right language interpretation solution. One that leads to successful, stress-free, and accurate multilingual events. 

Did you know that women involved in rear-end car crashes are three times more likely to suffer whiplash injuries compared to men? There’s a reason for this. According to a BBC report, the crash test dummies used to simulate car accidents are nearly all built to reflect the average male build and weight. This means that, in most cases, car safety is optimised for men to the neglect of 50% of the population. 

Medical innovation thrives on multinational collaboration and knowledge sharing. Within the medical and pharma industry, multilingual events play a key role in facilitating conversations, enhancing scientific knowledge, and fostering partnerships between industry players. 

As global events, language accuracy is vital for accommodating a diverse range of stakeholders including researchers, scientists, healthcare professionals, investors, and regulatory authorities. At the same time, inaccurate translation of technical and scientific terms creates an event experience that is as frustrating for the speaker as it is for the audience. Even worse, translation issues can lead to miscommunication, potentially leaving event attendees misinformed on the latest developments. Within such a stringently regulated industry, this can have severe legal implications. Especially as multilingual events are essential for ensuring compliance with local regulations, as well as facilitating effective communication between regulators and industry professionals across different countries.

In this article, we briefly unpack the challenges and benefits of hosting multilingual events before exploring steps that pharma and life science companies can take to source the right language interpretation solution. One that leads to successful, stress-free, and accurate multilingual events.