Going global in 2020
Remaining agile in the face of regulatory, economic, cultural and political change will be more vital ever than for large multinational companies.
A record rebound in merger & acquisitions (M&A) activity in the second half of 2020 is likely to continue this year in the wake of the pandemic. Insurers are targeting this segment with an expanded portfolio of solutions to reduce the financial risk of transactions.
As the world digests the consequences of the pandemic, one of the changes coming to the fore is a new, stronger focus on environmental, social, and governance (ESG) policies. It is in the interest of companies to follow strict ESG standards, as this can help reduce their risk exposure and insurance needs. Plus, governments are now putting in place regulatory frameworks to standardise ESG reporting protocols and accelerate change.
An inquiry report following the tragic fire incident at Grenfell Tower includes a number of recommendations which will have a major impact on the UK housing sector if adopted.
The lockdown and social distancing requirements due to the Covid-19 pandemic are accelerating the deployment of new technology and the digitisation of the economy: Companies are rushing to introduce innovation they had planned to implement only at a later stage.