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October 2008
Our new paper highlights how insurance and risk management strategies can help UK firms improve liquidity, free up cash, strengthen their financial resilience and continue operating profitably during deteriorating economic conditions.
Most businesses are only too aware that high prices for fuel, food and commodities are creating significant upward pricing pressures, while at the same time the global credit crunch is producing downward pressure on demand. Businesses should welcome the news that there are some simple actions that can be taken around insurance and risk management. These can free up cash for use in the business. Insurance can also be used as an additional security to facilitate either greater borrowing or cheaper cost of borrowing, or as a solution to offset liability on the balance sheet.
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