Oval Insurance Broking (Oval) looks at the some of the emerging risks associated with the use of technology. Download
Retailing in the UK is forecast to reach over £310 billion by 20161. It’s business with many moving parts that span people, product and places across every aspect of international sourcing, supply and distribution. With such intricacy comes risk: when it comes to managing that risk, it’s good to know you can rely on a retail insurance broking partner who speaks your language and understands the unique pressures you face.
Slower growth and downward pressure on margins - plus likely rises in operating costs and the cost of credit – mean your sector faces a tough, long term battle to maintain the momentum that drives revenues, profitability and market share. That’s only one part of the story - on the other side of the checkout, a combination of debt, inflation, house prices, eventual interest rate rises and job security factors pose a very real threat to your lifeblood - consumer spending. Then there’s the dynamic and combined impacts of mobile, internet and eCommerce technologies.
We are one of the UK’s leading insurance brokers with many clients in the retail sector. This commitment helps us deliver the insight, empathy and innovation that ensure your retail insurance policies are integrated, personalised, uncomplicated, competitive, efficient and cost effective. It also provides you with on-tap expertise from people who take the time to understand your business and your processes at the in-depth level of detail you demand.
We go further to tailor high performance and intelligent retail insurance solutions that fit every contour of your business whether you’re an established corporate or a growing business.
Value and performance plus a core focus on service and relationship development underpin all that we do. We work with the leading specialist underwriters to place bespoke retail insurance policies that seal gaps and respond to emerging risks. As for you, quality is non negotiable: it’s a point of principle that we deliver the high performance people, investment, asset, liability, seasonality and supply chain insurance cover you demand – simply, efficiently and effectively.
If you’d like to discuss how we can help add value, agility, performance and protection to your retail insurance portfolio, then call 0800 612 6223 or email email@example.com.
1 UK Retail Futures, Datamonitor, 2011.