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11

Failure to adopt proven technologies costing UK economy £100bn

Open-access content Monday 13th November 2017 — updated 5.50pm, Wednesday 29th April 2020

The UK economy could receive a £100bn boost if firms were to more widely adopt tried-and-tested technologies like the cloud, according to report released today by the Confederation of British Industry.

2

It is argued that failure to do this is largely responsible for the UK's sluggish productivity in recent decades. Read the full article on our Predictions site here

This article appeared in our November 2017 issue of The Actuary .
Click here to view this issue

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2

Boosting tech skills could 'super-charge' UK GDP

Enhancing the next generation’s technology skills has the potential to drastically boost social mobility and economic growth, according to a new report by BT and Accenture.
Monday 20th November 2017
Open-access content
2

Cyber insurance market set to more than quadruple by 2023

The global cyber insurance market was valued at $3.4bn (£2.5bn) last year, but is set to more than quadruple to $16.9bn by 2023.
Wednesday 29th November 2017
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SME insurance market set for digital transformation

Small firms are increasingly looking to interact with their insurers online, suggesting the market is set to experience a similar digital transformation to the one seen for personal insurance.
Monday 4th December 2017
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M&A value set to soar in 2017

The insurance industry has seen a spike in the number of ‘mega deal’ mergers and acquisitions (M&A) this year, with the trend expected to continue to 2020.
Tuesday 14th November 2017
Open-access content
2

Leading insurance companies pull $20bn of investment from coal projects

Insurers with over $4trn (£3.05trn) in assets have announced a $20bn divestment from coal, with a growing number refusing to underwrite any new projects.
Wednesday 15th November 2017
Open-access content
2

Pension fund asset pooling could boost retirement pots by 62%

Greater pooling of the UK’s defined contribution (DC) pension funds could result in greater investment returns and improved retirement outcomes for members.
Friday 10th November 2017
Open-access content
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