SMEs: A web of complexity

Digital padlocks

UK companies are quick to take advantage of technological advances to create new business opportunities, and the industry must get up to speed with the many and varied risks this brings.

The UK's SMEs have embraced the emergence of the web-based economy and other modern technologies that are changing traditional business models.

Unfortunately, however, many are unaware of the new business risks this evolution brings and the danger these pose to their long-term success.

Many insurers and brokers also find themselves lagging behind these changes and, as professionals in risk management and transfer, they need to get to grips with these evolving risks to ensure they play the vital

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