Allianz produces guide to remaining business resilient in challenging times
Authored by Allianz
It’s not been an easy time for business owners over the last few years. As they were grappling to understand new requirements resulting from Brexit, a completely unanticipated challenge arrived in the form of the Covid-19 pandemic. Many businesses proved themselves extremely agile in adapting to ‘new ways of working’ and survived through flexing business models and changing their operations.
More recently businesses have been impacted by the rising cost of living, higher inflation and energy prices. Small and medium enterprises (SMEs), which are more vulnerable to fluctuations in the economy, seem particularly apprehensive about the implications; a recent GlobalData survey revealed that 78.3% of SMEs in the UK were concerned to some extent about the ongoing cost-of-living crisis, with 52.0% either ‘very concerned’ or ‘extremely concerned’1.
Given the mounting pressures on business leaders, some may be considering changes to their operations and procedures to gain efficiencies. This, in turn, can have implications for insurance requirements in terms of the type and level of cover.
We’ve produced a Business Resilience Guide with risk management guidance and best practice to help business owners navigate these turbulent times.
Allianz Insurance is one of the largest general insurers in the UK and part of the Allianz Group, a leading integrated financial services provider and the largest property and casualty insurer in the world.
The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth. We aim to achieve this by putting the customer at the heart of everything we do.
Allianz is able to offer customers a wide range of products and services including home and motor and commercial insurance with full range of products and service for sole traders' right up to large commercial organisations.
Allianz Insurance employs over 4,500 people across a network of 20 offices in the UK and the company’s Head Office is situated in Guildford, Surrey. Our heritage and financial strength help make Allianz what it is today; a safe and trusted partner. Over 40 FTSE100 companies partner with Allianz. youTalk-insurance sharing Allianz Insurance news and video