UK businesses stash cash as Brexit gloom deepens & more…Keep up to date with the latest insurance and business news in our weekly round-up…
A growing number of British-based businesses are prioritising cash flow, fearing a downturn, as their view of the long-term economic impact of Brexit has darkened to its most negative so far, accountancy firm Deloitte said on Monday.
Global insurance and reinsurance broker Willis Towers Watson has partnered with British defence and security think tank the Royal United Services Institute (RUSI) on a four year-long programme designed to strengthen societal resilience to emerging forms of warfare.
French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame’s restoration prior to the blaze that devastated the cathedral. The fire ripped through the cathedral’s roof, where workers from a number of contractors had been carrying out extensive renovations to the spire’s timber-framed supports. Police have begun questioning the workers involved, the prosecutor’s office has said.
Insurers will have to offer personalised policies delivered in real-time if they are to thrive in a ‘post digital’ era, consultancy firm Accenture has warned.