The UK is in a period of heightened risk: high inflation has evolved into Stagflation, interest rates are hitting margins, consumer confidence is falling, geopolitical tensions are escalating, and energy shortages exacerbate the risk of business continuity failures.
As an industry, we’re ideally placed to help businesses navigate these challenges. Only by understanding where to look and how to act on these indicators, can we work together to provide the best solutions for the customers we serve.
By attending this presentation delegates should be able to:
- Describe where the UK Economy currently sits and where it could head in 2023/24
- Explain the interconnection between interest rates and the insurance market – more than just ‘hard’ or ‘soft’ markets
- List what the key economic challenges are, facing the insurance market and how to act on these