Managing business risk in a changing world

MarketVue Business Banking

The past two years were without doubt the most uncertain of the 21st century so far, with the impact of a global pandemic and the repercussions of Brexit likely to be felt by British businesses for many years to come.

It is perhaps therefore surprising that only 60% of businesses currently have some form of business insurance according to Savanta’s MarketVue Business Banking data.

It is perhaps therefore surprising that only 60% of businesses currently have some form of business insurance according to Savanta’s MarketVue Business Banking data. This is 7 percentage points higher than the end of 2019, but still suggests that many business owners are unphased by, or unprepared for, the threats they could be facing.

To get a better understanding of business risk, Savanta asked over 1,500 businesses with a turnover of £0-1 billion to evaluate their perception of a variety of threats. This was a repeat of our research from 2015 and 2017, thereby allowing us to understand how risk perception has changed over time.

Our free mini-report highlights findings including:

• Average business threat
• Factors influencing perception of business risk
• Factors influencing perception of supplier risk

Download our mini report here

MarketVue provides financial services brands detailed insights into the behaviours, perceptions and experiences of business customers. Comprehensive, reliable and with years of historical data, MarketVue is an essential brand management and monitoring tool used by all major financial institutions and agencies.

For more information please contact Philippa Whitham, Senior Director, Financial Services at [email protected].