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.
While new technology can often increase efficiency of processes and create new business opportunities, many technologies also can negatively affect the risk exposure of a business.
Prior to the Covid-19 crisis, Lockton has instructed a research agency to identify the types of technology businesses are planning to deploy in the next five years, and the effect this might have on the company’s risk exposure. The impact of the Covid-19 pandemic makes the results of this study even more relevant now than when it was completed earlier in the year.
To access the report, please click here (opens a new window).